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31 October 2023 | 12 replies
Unlike a hotel, the decision maker in a complaint is not at the property.
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9 November 2023 | 17 replies
I rent a hotel room when I visit since my home is not available during high season.
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8 November 2023 | 8 replies
Keep in mind that many of the bigger hotel players had a major position in controlling that business from airbnb types as it directly hits their pocketbooks.
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24 August 2022 | 23 replies
A lot of guests now were former hotel customers and they have high expectations.
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16 March 2023 | 17 replies
You have to be very careful not to be considered a Hotel!!!
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28 October 2022 | 14 replies
You need a commercial policy since you are basically running a hotel.
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7 March 2022 | 4 replies
Personally Ive 1031d into - Wholly owned commercial, vacation rental, raw land, multi family, and single family later converted to primary.Other options my clients have gone into lately - Hotels, agricultural land, NNN commercial, DSTs, Interests in Oil and gas, self storage, parking lots, glampgrounds.
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20 October 2023 | 10 replies
Airbnb as well as the entire STR industry has evolved strongly toward professional expectations.What started as apartment renters renting their couch, or a few days while away, has evolved to an industry with many professional housing providers, professional hosts, and sometimes close to hotel type standards.
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31 January 2020 | 10 replies
Just remember if it is a manufacturing type town ( factory workers ) you might want to collect the rent WEEKLY.I have seen in some places like Dalton GA where some places operate more like a hotel for rentals.You collect the rent weekly on the day the tenants get paid.
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20 June 2019 | 5 replies
Then, educate yourself on the different choices (equity versus debt, residential versus commercial, core versus core plus versus value-added versus opportunistic, retail versus office versus hotels versus self storage etc.).