A question I am asked quite regularly that I thought I’d provide a quick education! 🏡 The Appraisal Process What Buyers & Sellers Need to Know ✅ Step-by-Step Process 1️⃣ Bank request – Loan officer asks their appraisal department to request bids from approved appraisers. 2️⃣ Bids – Appraisers submit their fee + turnaround time. […]
Understanding the Appraisal Process in a Hospitality Deal Read More »
1. Simplicity & Escapism 2. Connection to Nature 3. Affordability & Accessibility 4. Unique, Instagrammable Appeal 5. Sustainability & Minimalism 6. Nostalgia & Storytelling 7. Flexibility for Owners For property owners, these accommodations are relatively lower-cost to build, easier to maintain, and can generate high nightly rates as short-term rentals. Confidential Listing with Event Venue
Why Have Cottages, Cabins, Tiny Homes and Yurts become so popular? Read More »
EXPOSURE, that’s primarily why! Many agents put a listing in MLS (which I do as well) or on a commercial listing site (like Loopnet, which I do as well), but I have a website and each listing has a dedicated page. And I have a Google Ad campaign and a very strong organic Google presence
Another garden that WOWS, and look at that lush, green grass at this stunning inn in Searsport! Check out the listing for details.
A Full Service Inn – Often buyers are concerned with the risk associated with purchasing a restaurant because of low profits, high staff turnover, and high food costs, and so on. But when that restaurant business is supported by a strong lodging component, then the restaurant becomes less of a concern, and more of an
When An Inn Has A Restaurant… Read More »
This thriving restaurant & inn offers a financially strong option for both investors and owner/operators alike! Built by the renowned Portland architect John Calvin Stevens, the Oxford House Inn sits in the center of downtown Fryeburg overlooking gorgeous farmland and valleys…and is perfectly centered between the Sebago Lake region and the bustling tourist destinations of
Oxford House Inn – a Very Viable Business Opportunity Read More »
Located on just shy of 3 acres perched high above Frenchman Bay, Inn at Bay Ledge has such an incredibly unique waterfront and cliffs that lead down to the shoreline. The inn offers 12 guest rooms with ensuite baths. The common spaces are plenty and include a large porch with plenty of seating, an in
Just Listed in Bar Harbor! Read More »
The 1802 House Bed and Breakfast Inn is a historic, independent property in the beautiful seaside town of Kennebunkport Maine. The house is of original Colonial design and as the name implies, was built in 1802. Extensions were added over the years, and in the 1990s it was converted into the charming bed and breakfast
Just Listed in Kennebunkport! Read More »
Back in October of 2020, I provided an update on the lending climate during the pandemic. There are no shortage of inn buyers or sellers these days. It’s almost as if the pandemic has placed an opportunity to hit the reset button, giving many a reality check of what’s important. But are the banks lending?
The Lending Climate for Lodging/Hospitality Properties During Covid – Updated Read More »
