The Inn Business: News and Innsights
October 9, 2007:
Mortgage Interest Rates – Up To Date
The whole sub-prime mortgage problem has caused an understandable confusion among future Innkeepers. The Inn business is after all real estate based. We need a building and land to ply our trade. Most Inn purchases involve significant leverage (a mortgage) in the early stages of our Innkeeper life; a mortgage payment looks large in our financial life.
But this latest hiccup on the national (indeed international) level actually creates positive developments in our niche business. read more

