Jason there’s a monthly Albany meet up at the Pump Station and Glens Falls meet up at The Queensbury Hotel.

Hotels lose money with no guests.

I have just always wondered that when we go to a hotel and they give us bottle to celebrate an event. 

On the other hand, STR is a lot of work and with 3 kids you have to be realistic about how much time it will take to run and manage a 1 room hotel.

I've had one recent multifamily deal in Florida exit with a 32% IRR and one hotel deal in Atlanta refinance and return 110% of the original invested capital through dividends and the refinance and the hotel continues to make regular 16% distributions.  

People seem more angry with Airbnb and VRBO but ultimately, guests still see more value in them than hotels so the question will be if new entrants (or existing platforms like BDC) will continue to invest in the STR space (e.g.

My lease has a sublet fee (2 weeks is guest by lease more than 2 weeks in a year is sublet) that is costly enough ($100/night per person which is about what a cheaper hotel is here) that makes sure tenants do not have others move-in without informing us.

Hotel reservations at the 2025 venue, Caesars Palace, are already available to book using this link https://book.passkey.com/event/50916112/owner/4929/home and BPCON2025 tickets will be live soon. 

Turning your little green houses in to large red hotels.

ANY company or developer that has to give you a free flight, hotel or car stay WELL AWAY... they have to do that for  a reason as they dont have a good reputation locally.Happy to advise for anyone wanting further UAE knowledge on real estate.