The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

Hey Anna, Yeah I would definitely recommend studying and gaining experience for a couple years before diving in that deep.

The ROI / punchline: I've already 100x'ed this investment, i.e. it's paid itself back 100x overShe did not ask for this review, but I had such a positive experience that I had to make the time to write it.

It gives you valuable experience as a landlord firsthand which will be helpful down the road when you consider a BRRRR strategy with hard money.

And what I am personally seeing the Market place today.Commercial bank/ community bank were you have significant deposit relationship and long term relation ship..   7 to 10% plus 1/2 to 1.5 points.. these are relationship and experience and capacity lenders..

Are you looking for extra capital or perhaps someone with experience or someone with time to do work?

Does anyone know of, or had experience with, a good course on how to raise capital for real estate deals?

I wanted to see what folks' experience has been with Steadily for STR insurance.

I've had countless conversations with heirs who spent a long time trying to figure out how to make money off of land or buildings, but without experience, and never got anywhere a year later.

Through meticulous planning and execution, we have created a dynamic space that now stands as a beacon of innovation in the automotive industry.