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Real estate investing can be an incredibly rewarding experience. There are a plethora of different types of properties to invest in. It’s important to do your research and be fully prepared before making a commitment with your money. This is especially true if you have been considering an investment within the hospitality and travel markets. The structure of revenue and the market demand for hotel properties, specifically, can vary greatly from other investments.

Here’s what to know before investing in hotel real estate.

Invest in Mixed-Use Buildings

More than solely a hotel, mixed-use buildings have great potential. Spaces that offer things to do nearby are seen by people as a bonus. When people travel, factors such as bad weather or tired children can keep them close to the hotel that they’re staying at. Hotels that have mixed-use space can include things such as restaurants and spas. In some cases, there can even be performing arts centers or small water parks. Have an understanding of the local market so that you can be open to both franchise and independent hotels that are offering these types of spaces. …

About

Jack Nourafshan

Jack is a Los Angeles based real estate professional and the Founder/President of Reliable Properties. To learn more visit http://jacknourafshan.net

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