I sent mine in a few days ago.
This is what I had in mind.
They ask me $790,000 for that place.
Yappy it is 300ft away from Budget Inn
I am afraid with no more experience than I have with medicine the sheriff would come for me.
Maybe things will work out for us.I thought I had a deal for Days Inn in Franklin but everytime we think we got something they back out.
The Amish are the folks you may have seen in the movie "Witness" w/ Harrison Ford & Kelly NcGillis...devout folks who are concentrated in the western PA area around Lancaster especially (my wife's family is from around that area). Horse & buggies, simple black & white clothing (with no buttons!), most all men have beards, no electricity, telephones in homes...even the nails they use to construct their homes have to be plain and simple (something like not having any big heads on the driving end). Wonderful people and very hard working.
Hope your deal for the Colonial goes through...pretty soon we will have to call you Ron Trump instead of Haven if you keep gobbling up real estate in Franklin.
On a serious note, please make sure that the value of this place is supported by solid appraisals, as the way real estate values are dropping, the banks down here in the ATL have virtually stopped lending on acquisition deals, but they are still doing refinancing deals.
I hope I'm wrong, but 2009 is shaping up to be a very tough year for a lot of folks. My CPA practice at this time last year had 12 home builders as clients and we now have 2.
I was just teasing.I used to drive a tractor trailer into Apple Creek & Wooster Ohio,Amana,Iowa and places of Pa where they were.I was just kidding with Lone Wolf about not knowing what they were.I hope the deal goes on Colonial.I'm so far in dept to me it don't matter now.
Yes there is where I have in mind for the hostel.I have a 2br/1ba 1000 sq ft unit.The sign says Haven's Corner
Skids
Insanity: Asking about inseams over and over again and expecting different results.
Albert Einstein, (attributed)
Ron, you know your resources (time, money, real estate) better than anyone. If it seems right to you, go for it. I like the idea and upon hearing from you that it's complete, I will definitely plan a hike in the area and come stay / check it out!
After paying over $100 for less in NY I think I'll be back at the Budget if I thru again this year.
Skids
Insanity: Asking about inseams over and over again and expecting different results.
Albert Einstein, (attributed)
Ron,
I think that you have your answer in the above messages... It seems to me that giving people the choice of how they want to stay in Franklin, NC is a very sound business idea.... Some people might want to stay with the group that they are hiking with, and a hostel would be an option to several of them staying in a hotel room.
Then again, some people might want to stay by themselves ( if they are sick would be a good time for that ), and the hotels you run would be a great option then.
Randy
Trust me, folks, Ron has a GREAT heart, business practicum, and respect from and for hikers. While sharing some GREAT times last year....(you really DO need to attend the "Hiker Bash" when available in Franklin)...Ron shared with me a plan for that Days Inn. You'll be hard pressed to find a more accomodating "trail angel" than Ron,.......HARD pressed. A "hostel" WOULD, in my opinion, be another excellent option for hikers,.........if Ron can make it work. If he can't, nobody can. Enjoy your hike!
Think Spring