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28 February 2024 | 6 replies
It's Monopoly and there is real money at stake.4 green houses to 1 red hotel.
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26 February 2024 | 2 replies
Cash invested: $2,300,000 LP in restaurant/hotel investment What made you interested in investing in this type of deal?
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27 February 2024 | 2 replies
Then pick a niche hotels, restaurants, industrial, multifamily, land, warehouses, office, medical office, flex, or whatever.
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27 February 2024 | 4 replies
Your tenants should get free hotels paid for by insurance you should ask that as well.
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27 February 2024 | 1 reply
Longer term, we could add additional cabins to the property (as stated above) since the current owners are sending overnight business to hotels in the area that are 15+ mins away.Our situation:We have about ~45% equity in my home (appraised at $775K about 6 months ago; we made some improvements but to be conservative, let's say this is still a good estimate), I can cash in my 401K, and have RSUs from my company that I can use for the majority of the cash I need to have "skin in the game" but it's short the 20% I will need for an SBA 540 for the real estate + 5% for the SBA 7a (this 5% for the DP is possible if the sellers can finance some of the business).
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26 February 2024 | 9 replies
My friend does union hotel jobs in Las Vegas and the hotels there often have their new remodel contracts signed before the current job is complete!
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26 February 2024 | 20 replies
And when people do go on vacation, they love hotels.
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24 February 2024 | 1 reply
Cash invested: $2,300,000 LP in restaurant/hotel investment What made you interested in investing in this type of deal?
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28 February 2024 | 49 replies
In areas like FL, Smokey Mountains, etc. they depend almost entirely on tourism for their economy and there is a LONG history of families using homes vs. hotels for their stays.
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25 February 2024 | 1 reply
New modern lights and ceiling fans, quality furniture, Big screen TVs (not so expensive anymore), big washer and dryer, one of those cool refrigerators.If you ever go stay in a nice hotel or nice airbnbs, try to pick up on some of the things they do to make it feel luxurious.