I want to buy a hotel or motel in Florida or Seattle. Does anyone know about this business. I am new in this?
Hotel Deals
Patricia asked:
What are the difficulties we have to deal with this business?? Margins? ROI?Tell me about your experience, I would really appreciate the help.
Best Regards
Patricia
If somebody knows web pages where to find more information on managing and buying hotels, please let me know
Thank you very much
Daniel
What are the difficulties we have to deal with this business?? Margins? ROI?Tell me about your experience, I would really appreciate the help.
Best Regards
Patricia
If somebody knows web pages where to find more information on managing and buying hotels, please let me know
Thank you very much
Daniel
July 28th, 2009 at 7:39 am
Franklin
Patricia, you should get educated before taking a plunge into the business. Commercial real estate business is a different beast. Do you even know how motels are priced?