question about new developments

Chris

Gold
Oct 21, 2002
7,951
28
0
www.caribbetech.com
Scenario ... We have this 'hotel developer' that finds a great piece of property in the right place to develop.

Questions
1. Are there rules of thumb in terms of how much to pay, over what period to expect what kind of return?
2. Does the developer develop, and the hotel outfit buy from the developer, or how does it work?
3. What is the rule of thumb payback period for a hotel development?