No Vacancy The Podcast with Natalie Palmer cover image

58. Listen to This Before Investing in Hotels - Interview with Diya Liu

No Vacancy The Podcast with Natalie Palmer

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How to Bid for a Good Deal

I knew that I had a hunch that it was going to land under $4 million in terms of the final prep. And so we, I also use co-star and other data analytics tools to understand what the hotel will appraise for. It's still a 1980s building. It doesn't matter how much you fix it,. It's still going to have more issues than a 2008 building. We always offer what we think we want to pay, not what the list price is.

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