Buying a Hotel for the Price of a House |
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Yes, it is possible to buy a hotel for the price of a house, but this depends on several factors, including the location, condition, size, and market conditions of the hotel. Here are some scenarios where this might be feasible:
Location: Hotels in less desirable or economically depressed areas may have lower market values, potentially comparable to the price of a house in more affluent regions. Condition: Hotels in need of significant repair or renovation might be sold at a lower price to account for the necessary investment to bring them up to operational standards. Size and Type: Smaller boutique hotels, motels, or bed-and-breakfast establishments might be available at a lower price point, especially if they have fewer rooms or amenities compared to larger, full-service hotels. We help Airbnb investors suffering from saturation and regulation transition to cash flowing, regulation-immune properties so they have direct control over their destiny building financial freedom for themselves and their families. DM me for details Follow me on IG @themattbarge #realestate #realestateinvesting #airbnb #investing #boutiquehotel https://www.mattbarge.com |