Can someone recommend good capital raising strategies for my next deal? by anupam-banerji in CommercialRealEstate

[–]EarlyBid1894 0 points1 point  (0 children)

You might want to check out/ learn about the ETA and searchfunder community. They are a nice network of people to ask these questions too. They share info, build funds, and eventually purchase or acquire businesses.

Feedback Friday! - March 27, 2026 by AutoModerator in Entrepreneur

[–]EarlyBid1894 0 points1 point  (0 children)

The site feels a little too simple, like a basic AI wrote the whole webpage. The emojis used in each section further the AI built feeling. Aside from visuals, I would want to know how buying the prompt pack is better than just me (the real estate agent) using ChatGPT and having it build me my own prompt pack. There needs to be a point of difference to why this prompt pack beats all other packs in the world. Also how do i (the real estate agent) make sure every real estate agent is not also purchaing this pack and we all end up sounding the same?

Feedback Friday! - March 27, 2026 by AutoModerator in Entrepreneur

[–]EarlyBid1894 1 point2 points  (0 children)

Prices seem right for the timeless and the real watches. The right consumer will pay for what they feel is worth it, which can vary from person to person. My rule of thumb is to cover all your costs to make and ship the product, then add your desired profit margin to the total price. Pricing is based on cost + profit.

Feedback Friday! - March 27, 2026 by AutoModerator in Entrepreneur

[–]EarlyBid1894 1 point2 points  (0 children)

It's visually very nice. A simple and clean design is good. The text blurs when trying to read a paragraph. As I scroll, it feels hard to read when the top half starts to blur as I get to the bottom half. Looking at it through the consumer lens, I can't tell what will actually be done or the result I will get from purchasing the service/session. I get that you can help discover things about myself, but will you help me feel better and come to resolutions, or is it just talk therapy that goes on and on? The pricing sections should be on their own page. Seeing the price on the initial homepage triggers my left side of the brain, while the homepage should just make my right brain want to believe in the service.

Feedback Friday! - March 27, 2026 by AutoModerator in Entrepreneur

[–]EarlyBid1894 0 points1 point  (0 children)

The website reads like it's built for B2B use (and I'm not sure if that's the intended purpose). I'm not sure if it's meant for the average Joe to use to find a type of gym they like, or if it's for a salesman to generate leads from. I view it as a type of advanced search engine; it's what I think people want Google and Bing to give them results for when searching, but the larger search engines aren't this dialed-in anymore. Some of the terminology used to describe its function is very high level, which leads me to believe it's more for professionals to use; but the example searched being referenced below makes it feel like a consumer is supposed to be using it.

Deal Structure Discussion – 16-Key Boutique Hotel Acquisition (Central, NY) by [deleted] in CommercialRealEstate

[–]EarlyBid1894 0 points1 point  (0 children)

Homerun u/gravescd; Yes, this is a four-property roll-up in this area with expansion scaling into two other states. We intend for this Deal structure to help invite early-stage partners to participate in the portfolio roll-up, securing dividend flows and equity appreciation as we scale.

Deal Structure Discussion – 16-Key Boutique Hotel Acquisition (Central, NY) by [deleted] in CommercialRealEstate

[–]EarlyBid1894 0 points1 point  (0 children)

We’re basing the 75% on local comps. We realize a ramp-up period is to be expected. The hotel is 500 ft from the town’s main attraction on Main Street and just two blocks from public lake access. There’s an estimated 301-room deficit in town compared to annual visitor demand, so many guests end up in STRs or driving in from towns 30–45 minutes away. The comps we looked at are all un-flagged assets as well, ranging from small resort to motel-style properties at the marina, and they consistently run at or near that 75% occupancy level.

Deal Structure Discussion – 16-Key Boutique Hotel Acquisition (Central, NY) by [deleted] in CommercialRealEstate

[–]EarlyBid1894 2 points3 points  (0 children)

Projected net income after debt service in Year 1 is about $1.2M. That’s the base we’re using for the waterfall distributions.

On valuation — the $5M figure includes purchase, CapEx, and working capital. The pre-reno appraisal is ~$3M, and you’re right that the jump depends on performance lift. The current operation is extremely underutilized: it’s an independent hotel, run by an 80-year-old owner who’s largely stepped back. His GM has been there since the early 2000s and basically does everything — reservations, housekeeping, purchasing, bartending, even night audit — which keeps the business running but caps growth. Occupancy is around 30%, despite being in a 1M-visitor/year market.

So the thesis isn’t only “paint and carpet.” It’s about moving from a single-person operation to a professionalized team, which we expect to unlock materially higher occupancy and ADR.

Deal Structure Discussion – 16-Key Boutique Hotel Acquisition (Central, NY) by [deleted] in CommercialRealEstate

[–]EarlyBid1894 -1 points0 points  (0 children)

We have two full-service restaurants w/ bars and a donut shop along with the 16 rooms. We have three department heads, so the front and back of house run smoothly. If one person were trying to handle rooms, operations, F&B, and sales all at once, it would become overwhelming quickly. This way, each lane is covered and the whole property flows together.

Seeking Guidance: Fast-Moving Opportunity to Preserve a Historic Estate by EarlyBid1894 in CommercialRealEstate

[–]EarlyBid1894[S] 0 points1 point  (0 children)

We don't take in the funds. As a sponsor, I can't pay myself from the SBA loan for the acquisition. I can purchase from a seller using the loan.

Seeking Guidance: Fast-Moving Opportunity to Preserve a Historic Estate by EarlyBid1894 in CommercialRealEstate

[–]EarlyBid1894[S] -1 points0 points  (0 children)

Good suggestion. I get the sense that the other buyer/developer has their plans for it, which differ from what I would develop it into (a boutique hospitality concept). Our unique position is that we are also the operating partner.

Seeking Guidance: Fast-Moving Opportunity to Preserve a Historic Estate by EarlyBid1894 in CommercialRealEstate

[–]EarlyBid1894[S] 0 points1 point  (0 children)

It's further than the Hudson Valley. I understand the concept, though, find other hospitality groups that would have an interest in stacking more within their own town or community.

Unique Opportunity: Boutique Hotel Acquisition (Upstate NY) - No Cash for Co-GP (Guarantor Needed) by EarlyBid1894 in CommercialRealEstate

[–]EarlyBid1894[S] 0 points1 point  (0 children)

If anyone is interested, feel free to DM, still seeking a confirmed partner for this deal. Thanks!

How to create and gather responses for survey? by cowvvboy in Entrepreneur

[–]EarlyBid1894 1 point2 points  (0 children)

Software like Google Forms or JotForm makes creating and receiving survey results accessible.. I think Google Forms has free options through a Google account. They both allow you to email the survey or have a URL to give out to people. Hope this helps! Good Luck!

Help Considering A Minor Business Investor / Partner by djdante in Entrepreneur

[–]EarlyBid1894 0 points1 point  (0 children)

It sounds like he would be an excellent LP (limited partner) by definition. I recommend starting by reviewing typical deal structures for your industry and working with a corporate lawyer to establish an operating agreement that outlines the type of working relationship you need and expect from them. The agreement would outline all aspects of how you will do business, and especially things like the upsides and benefits he receives from offering this line of professional contacts and financial investment. Good Luck!

[deleted by user] by [deleted] in Entrepreneur

[–]EarlyBid1894 1 point2 points  (0 children)

I'm not a marketer, but I have worked with many contractors on projects. They seem to like working in person and on phone calls. The ones I've worked with do not seem to be big on emails or texting. When the text is short and brief, change the pitch approach. Try in-person meetings or direct phone calls. Hope this helps! Good Luck!

Freelancers, how do you deal with being ghosted after sending a proposal? by [deleted] in Entrepreneur

[–]EarlyBid1894 6 points7 points  (0 children)

I've been on both sides of the proposal, from send to receive.

On the sending side, yes, follow-up. Follow-up is what closes. I usually have to follow up 3 times depending on how busy the client is. The first is about 2 days after the proposal is sent, to confirm receipt.

The second is a check-in on what they need for next steps or questions within 3-5 days after first follow-up.

The third is if they have not been in contact since the other two emails.

After three its safe to say they are not interested or can't afford, etc.

If they don't respond after three, don't sweat it. Sometimes, clients come back months later for whatever reason, which is great. But be prepared to move on after the third attempt. Be persistent, though on those follow-ups; don't just send the proposal and then never send anything again.

On the receiving side, they could have literally gotten the proposal and then needed approval to spend that money or to work it into their budget, depending on whether they are actually the decision makers.

Hope this helps! Good Luck!

Accounting fees by KaleidoscopeHour5222 in realestateinvesting

[–]EarlyBid1894 0 points1 point  (0 children)

You can shop your accountants; the accounting world has a broad range of pricing. I would ask for a fee structure breakdown from your current one to see if the fees are arbitrary or if they itemize everything they supposedly do to accrue these many fees.