Future Innkeeper Hands-On Workshop
Future Innkeeper Hands-On Workshop September 19, 2021-September 23, 2021 (3:00 PM-12:00 PM) Limit 4 People Leader:…
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Future Innkeeper Hands-On Workshop
Intensive Innkeeper Workshop™
Intensive Innkeeper Workshop™ September 25, 2021-September 25, 2021 (9:00 AM-5:00 PM) Limit 8 People Learn the…
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Intensive Innkeeper Workshop™
One-Day Comprehensive Seminar
One-Day Comprehensive Seminar July 24, 2021-July 24, 2021 (8:30 AM-5:00 PM) Learn the essentials of finding,…
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One-Day Comprehensive Seminar
One-Day Comprehensive Seminar
One-Day Comprehensive Seminar October 16, 2021-October 16, 2021 (8:30 AM-5:00 PM) Learn the essentials of finding,…
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One-Day Comprehensive Seminar
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar June 12, 2021-June 12, 2021 (10:00 AM-4:00 PM)…
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Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar November 20, 2021-November 20, 2021 (10:00 AM-4:00 PM)…
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Better Way to Buy an Inn™ Virtual Seminar
Aspiring Innkeeper FAQs
How do I determine how much I can afford before I begin shopping for a B&B/Inn?How…
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Aspiring Innkeeper FAQs
How do I determine how much I can afford before I begin shopping for a B&B/Inn?
Answer: A pre-qualification involves the review of a loan application and supporting documentation and is comprised…
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How do I determine how much I can afford before I begin shopping for a B&B/Inn?
How much do I need to have for a down payment to purchase an inn?
Answer: Buyers should have 30% to 40% of the project cost to cover the following: Down…
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How much do I need to have for a down payment to purchase an inn?
How can I know how much of a loan I need to purchase the “Inn of my/our dreams?”
Answer: A LOI (Letter of Interest or Term Sheet) in commercial lending is issued after a…
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How can I know how much of a loan I need to purchase the “Inn of my/our dreams?”
How long will it take, beginning to end, to close once we have identified the Inn of our dreams?
Answer: After the offer and contract have been negotiated and accepted, the mortgage contingency period will…
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How long will it take, beginning to end, to close once we have identified the Inn of our dreams?
How do I determine a fair offering price for the inn/s I am considering?
Answer: A knowledgeable “B&B Industry Specialist Realtor” should be engaged very early on to consult on…
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How do I determine a fair offering price for the inn/s I am considering?
Can I really use my retirement funds to open a business without taxes or penalty?
Answer: In most cases, yes. Our plans are designed to meet the IRS requirements for qualified…
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Can I really use my retirement funds to open a business without taxes or penalty?
What if my accountant (or lawyer) isn’t familiar with this type of financing plan or isn’t sure it could be done?
Answer: Retirement planning is a highly specialized field; for this reason, we recommend that you use…
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What if my accountant (or lawyer) isn’t familiar with this type of financing plan or isn’t sure it could be done?
What if I have more than one retirement savings account?
Answer: Not a problem. You can consolidate all your retirement accounts in the new retirement plan.
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What if I have more than one retirement savings account?
What should I look for when shopping for the inn of my dreams?
Answer: Aspiring innkeepers should attend industry conferences and aspiring seminars to get a feel for the…
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What should I look for when shopping for the inn of my dreams?
Are inns offered “For Sale by Owner” worth considering?
Answer: They could be, but it is difficult for a seller to impartially establish the value…
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Are inns offered “For Sale by Owner” worth considering?
Hospitality Loan Prequalification
The Prequalified Buyer™ evaluation and designation provide Aspiring Innkeepers a credible way to quantify how much purchasing power they really have as it relates to identifying hospitality properties that best fit their financial qualifications and professional or personal objectives.
A Prequalified Buyer™ designation identifies a person or persons as having submitted, the required proofs and documentation for verification and analysis; prior to identifying or contracting to purchase a specific hospitality property. …
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Hospitality Loan Prequalification
Aspiring Innkeeper FAQs
How do I determine how much I can afford before I begin shopping for a B&B/Inn?How…
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Aspiring Innkeeper FAQs
Using Retirement Assets to Purchase a Bed & Breakfast or Country Inn
Few investors or entrepreneurs realize that they have the ability to self-direct their own retirement assets. Most believe the only two options are to borrow or withdraw from their account/s if they wish to invest in real estate or purchase/start up a new business. The downsides are…
- Borrowing from the account/s would require repayment of the principal with interest
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Using Retirement Assets to Purchase a Bed & Breakfast or Country Inn
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