financing

Allocation of Assets – Like a Hamburger???

Mt Gay rum, Bacardi light rum, a splash of cranberry, splash of OJ, splash of coconut water, lime juice. Light and tropical! So I used a cocktail for my analogy (because it’s more appealing in a photo than a burger), but the original article referenced a hamburger. The writer attended a presentation where the subject …

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Residential vs Commercial Real Estate: Two Entirely Different Animals

I’m connected to a lot of real estate agents all over the country through social media. And I am always watching the ‘market’ around the country through the eyes of my fellow real estate agents, just to have an understanding on what’s going on. Though much of what goes on in the residential ‘market’ doesn’t …

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Buyers Ask: How did the seller come up with the price?

🏡 Offered at $1,500,000 🏨 A very common question I seem to get regularly from buyers is “how did you come up with the price?”. That’s a very good question. I don’t come up with a price, my sellers do. A listing agent advises, the client decides. What we do at The B&B Team is a very …

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Great article on the truth behind ROBS (Rollover for Business Start-up)…

We’ve had numerous clients utilize their 401k funds to purchase a lodging property, and one of the companies that facilitates this transaction (in accordance with IRS) is Guidant Financial. This can make a substantial difference in what buyers can afford to purchase. Guidant put out this great piece on busting the myths behind ROBS.  Using …

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Aspiring Innkeepers: Interested in Controlling Your Own 401K?

What if you could invest your 401k funds into your own business? It could potentially make a big difference in what you can afford to buy if your only source of downpayment had been from the equity in your home. If you’re interested in learning more about this option, and we are seeing it become …

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What is THE best way to prepare your inn for sale that affects value?

Other than getting the revenue up as high as possible, there is something to consider before preparing your inn for sale that will greatly affect value. While maintaining the physical condition of any property (whether commercial or residential) is always important, when it comes to selling a business, the tax return is king. And let’s …

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A “Start-Up” vs. “Going Concern” Bed and Breakfast…The Difference, Explained.

Every now and then we find the most spectacular piece of architecture and immediately think “WOW, wouldn’t THAT make an amazing bed and breakfast!”  This photo (and below) was taken by my friend Trisha when she was recently in Eureka, CA. Her brother is a photographer and does a lot of work with B&Bs. This …

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As a lodging and bed and breakfast broker I wear many hats…What’s really involved in a commercial deal?

Clients texted me a few weeks ago and during our exchange of texts they acknowledged (and fully appreciated) my role not only as broker/advisor, but as a counselor, coach, cheerleader, human resources director, business consultant, financial services advisor, restaurant and wine advisor (okay, not really imperative) but you get the point! And I’ll add ‘puzzle …

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