I changed my brand of coffee. 

You just need the right setup.Here’s my 3-step formula I teach my coaching clients:-Target the right audience — check for hospitals, engineering firms, or universities nearby.

The tenants won't likely care if its a brand new Trane model or an old Goodman as long as it works.

then your dishwasher or furnace will break even though it's brand new and isn't supposed to. costs costs costs. 

You are paying top dollar and as soon as you drive off the lot it may depreciate especially if there are brand new alternatives for sale and things still break or don't function even early on. 

It's actually one of the reason why I wanted to get on the bigger pockets platform so I'd love to pick your brain.Our team is buying mainly Marriott, Hilton, and Hyatt branded hotels with some sort of value add component (preferably operational).

Give updates on properties you’ve looked at or analyzed to keep your audience engaged, so when they stumble upon a potential situation, you are the first one they think of.Good luck!

A few key things you’ll want to focus on are:RevPAR (Revenue Per Available Room) – the core metric for valuing operations.Occupancy trends and ADR (Average Daily Rate) – these drive your revenue projections.Expense ratio and management structure – smaller motels can run at 40–50% expenses, while flagged hotels can be much leaner with scale.CapEx and reposition potential – if it’s a rehab, understanding brand standards and conversion costs (for example, turning an independent motel into a soft-branded flag) can make or break the deal.My partner and I have underwritten several hotel/motel projects in the Los Angeles area, so I’m happy to share some insight into how we typically structure the analysis and what lenders look for in this space.

Tough decisions.  1hr away from Irving might be 1/2 the price for a brand new house vs 30-40 year old house in Coppell or Valley Ranch. 

I'm brand new on here, and I am here to learn from others!