Eric Little
Hotel Financing: How to Finance Your Hotel Business
Whether buying and operating or building from the ground up, hotel financing revolved around the process of securing commercial real estate and developing a solid business model. This is often dependent on access to funding.
What is Hotel Financing?
Hotel financing refers to any type of lending related to the purchase, development, upgrading, or renovations of a hotel. These loans can help investors to meet … Read More
SBA Loan Default: What to Do and How to Prevent It?
There are some situations where purchasing the property that your business occupies can be lucrative in the long term. Other times, changing market conditions, a lack of due diligence, or unknown factors can make the investment a bad one. For a business owner, the inability to pay back their loan is a concern, and SBA loan default is not ideal. There are some ways to … Read More
Are Storage Units a Good Investment?
The investment in self-storage could be beneficial to some investors. With a wide range of potential storage facility opportunities in many areas, it is valuable to explore this investment avenue to determine how profitable it could be.
What is Self Storage?
Self-storage is an opportunity to piece out and rent space to those who need to store items offsite. These are typically buildings that have … Read More
What is an Opportunity Zone? A Guide in Real Estate Investment
Every real estate investor needs to find at least one way, and preferably several, to gain an advantage in the market. One of the largest potential advantages is an opportunity zone (OZ). If you’re unfamiliar with this particular benefit, here’s why you might want your next property to be in this particular type of zone.
What is an Opportunity Zone?
Created by the Tax Cuts … Read More
A Guide to Investing in Commercial Distressed Properties
Commercial real estate presents a wealth of opportunities, but perhaps none offer potential returns equal to those of commercial distressed properties. For those who know how to identify promising distressed properties and purchase them, there are often substantial gains to be made.
If you’re still unfamiliar with this aspect of commercial real estate investing, here’s a guide to investing in commercial distressed properties.
What is … Read More
How to Determine the Highest and Best Use of a Property
Commercial real estate investors are generally familiar with appraisals, which seek to value a property accurately. Appraisals are used for home purchases, vacant land purchases, commercial real estate purchases, and the evaluation of most other properties.
The highest and best-use appraisal (HBU appraisal) is especially important in commercial real estate. This specific type of appraisal calculates property value according to how a property can be … Read More
A Comprehensive Guide to Mixed-use Commercial Property
Diversification has an important place in any long-term real estate portfolio. Commercial real estate offers one way to diversify if your portfolio is overexposed to small residential, and there are many opportunities to diversify within commercial real estate. One of the most effective is mixed-use commercial property.
What is Mixed-Use Commercial Property?
Mixed-use commercial property is a development that combines at least two different uses, … Read More
What Does PSF Stand for in Real Estate?
What is PSF in real estate? Per square foot, often called just PSF in commercial real estate, is a very important term to understand when buying, leasing, or managing these properties. It is a method often used in calculating the real estate rental value and communicating the size and scope of a property for sales transactions. Understanding what it is and the PSF rate within … Read More
What is Covered Land Play?
A covered land play is a real estate strategy. It is a valuable investment concept that focuses on the increased value a property represents that’s covered. Though a bit more complex, it helps to see how this may work.
What Is a Covered Land Play?
A covered land play is an investment strategy focused on the value of a piece of property. To understand it, … Read More
How Much Does it Cost to Build a Hotel
The investment in building a hotel could prove valuable to many investors looking to launch a new venture in a promising community. Hospitality may be a lucrative commercial real estate investment for many, but there are numerous costs to keep in mind, and those costs can amplify over time depending on the size, location, and type of project. Consider the following to learn more about … Read More