ilmscore | I bought a hotel

I bought a hotel

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
The 94-suite hotel property (acquired for $9.85M with a projected $1M rehab) is predicted to be worth at least $140,000 per key (totaling $13.16M) once renovations are completed and the business is stabilized.
"I project that that hotel should be worth at least $140,000 a key when it's done and stabilized."
Hotel Real Estate
Pending
The speaker predicts their hotel property, after renovations and stabilization, will be valued at a minimum of $140,000 per key (unit).
"I project that that hotel should be worth at least $140,000 a key when it's done and stabilized."
Real Estate (Hotel Investment)
Pending
The speaker predicts a potential upside of $2.35 million and an eventual net profit of a couple of million dollars for the renovated and stabilized hotel property, after accounting for commissions and closing costs.
"2,350,000 is the potential upside so yeah basically after commissions and closings and all the [expletive] they have to do we might make a couple of million bucks on it."
Real Estate (Hotel Investment Profit)
Pending