Friday, December 20, 2024

The Empire State Building

30 days of TRET Content continues with the Empire State Building:

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Thursday, December 19, 2024

Wednesday, December 18, 2024

Hotel Valuation, A Quick and Dirty Guide

https://www.pexels.com/photo/white-sunloungers-beside-pool-261102/

We are in the midst of the 30 days of content from TRET and on the heels of our post about the W Hotel, here is a quick guide on how to price hotels. The Arrowfish Consulting blog has a great article on hotel valuation. This article is a great reference for anyone looking to get a basic understanding of how to value hotel properties. This article highlights the following methods:

Tuesday, December 17, 2024

Saturday, November 30, 2024

How Much Knowledge and Skills Do You Need to Prosper In Real Estate


Real Estate is often maligned for having a high barrier to entry. This complaint typically refers to the relatively larger amount of capital that it takes to traditionally purchase a property when compared to other types of investments. It is undeniable that a fifteen to twenty-five percent downpayment can be a substantial amount of money. Especially when the median house price in the United State of America is $386,000, according to Redfin.com. Even considering the 3.5% downpayment requirement of an FHA mortgage, which cannot be used to purchase investment property, it is clearly much more costly to purchase a residential property than it is to purchase stock, bonds, or some other form of investment. The numbers are even greater for commercial property.