Even a week or so in a hotel can save the cost of getting the wrong place or paying too much for the right place.

It will not approve an FHA mortgage for boarding houses or hotels  (tourist dwellings, bed and breakfast, etc.).

The four green houses to the red hotel is a great slow and steady way to wealth.

You start with the houses before you move to the hotels, otherwise you are too far into the game before you can start buying.

For example, I just saw he put two five star hotel units in LV under contract within 10 days of listing as regular resales.

For example, Hospitality Management for hotel/motel and resturant properties.

Wiser from our first experiences, we did a few things differently and we are now in the final stages of closing.That brings us to my current situation which provides more questions than answers.Here is what I know:Property will be Commercial – supply is low - demand is highLocated in an area with quick access to all main travel corridorsParcel is 1½+ acreProperty has a permanent easement for access through a large, well established and shared entry with a new restaurant (In operation 5 months and drawing 300% of original projections)One of three new hotels is across the street (Open approx. 6 month and booked for the foreseeable future)Property is ready for the shovelCity plans to pave frontage roadProperty has all city utilitiesProperty will be purchased using an llc (one silent partner - I am majority owner/managing member)The property will be debt free at closing**As an additional note - I am purchasing the parcel from the owner of the restaurant and have an agreement with him not to build a competing restaurant on my property.I’m sure there are many others but it seems I have four basic options:#1 – Land Lease#2 – Build to Suite#3 – Lease Purchase of some type#4 – Flip for prophet and move onWhile many would quickly say that all booms will bust (and, for the most part that would be correct) there are nearly always areas within that Boom that, for many reasons, attract and sustain the highest and longest growth patterns – This property is located within an area fitting that description.

(Hotel, multifamily, office, industrial ,etc.)Banks are going to do vanilla stuff.

We did a large school conversion where we bought large hotel grade heat/air unit for each apartment.

[email protected] in a hotel and this comes up on the wifi advertisemet page.