Survey for Buyers interested in distressed hotels

This is a two-minute special survey designed to help us learn about your interest and experience with purchasing distressed hotels at bargain prices. We will not share your information with any third party. Your information is kept confidential and used only by us to try to serve you better.

The term "motel" may be substituted wherever "hotel" is used in this survey.

First name

Last name

Telephone

Email address

Your Experience with Hotel Ownership.
(Check all that apply)
I have never owned a hotel.
I used to own a controlling interest in one or more hotels, but I do not own any now.
I currently own the controlling interest in one hotel.
I currently own the controlling interest in more than one hotel.
I currently am a partner in one or more hotels.

Your Plans to Purchase Hotels during next 12 months
(Chose one)
0 hotels
1 hotel
2 hotels
3 or more hotels

Your Plans to Purchase hotel(s) during the next 12 months valued at:
(Check all that apply)
None
1 to 2 million
2 to 5 million
5 to 10 million
10 million plus

Your Primary Investment Valuation Metric:
(Check all that apply)
Gross Room Multiplier
Cap Rate
Price per Room
Other

Property Types that you Will Consider:
(Check all that apply)
Interior
Exterior
Newer
Older
Full Service
Limited Service
Less than 100 Units
More than 100 Units
Franchises Wanted

Do you have a preferred region for purchasing hotel assets?
(Check all that apply)
California
West
South
Mid West
North East
South East
All

Your Experience with Buying Real Estate During the Foreclosure Process. I HAVE purchased or made an offer to purchase from:
(Answer Yes for all that apply)
Bankruptcy Court:
Yes    No
County property tax sale:
Yes    No
Foreclosure Auction:
Yes    No
Directly from the bank or lender after foreclosure (REO):
Yes    No
Bought a Mortgage or Trust Deed Note from the bank or lender prior to foreclosure:
Yes    No
Other

Your Cash Insertion Preferences
(Check all that apply)
Nothing down
Low down payment (15% or less of purchase price)
Regular Down Payment (20-40% of purchase price)
All cash for hotel (required at foreclosure auctions)
All cash for Mortgage or Trust Deed Notes

Amount of capital currently available
*required
(Especially important to let us know this if you are interested in purchasing mortgage or trust deed notes secured by distressed hotels or bidding at foreclosure auctions.)

Your Experience with Owning (being a Beneficiary) a Mortgage or Trust Deed Note.
(Check all that apply)
No experience
I own (or have owned) one or more mortgage or trust deed notes.
I have foreclosed or negotiated a work out on a mortgage or trust deed note.

Your interest in Purchasing Mortgage or Trust Deed Notes secured by Distressed Hotels (with goal to buy the note; foreclose; and then own the hotel) During the Next 12 Months:
(Check all that apply)
None
Maybe (need more information)
1 hotel note
Multiple hotel notes

Your Plans to Purchase Mortgage or Trust Deed Notes Secured by Hotels (remember it takes all cash - no loans to purchase the notes) during the next 12 months valued at:
(Check all that apply)
None
1 to 2 million
2 to 5 million
5 to 10 million
10 to 30 million
30 million plus