It seems to me that most people in the B&B business have invested a lot of money. In our case we have spent probably $60,000.00, but it is also our home, as many of you. However, the B&B will only cost us maybe $5,000.00 above what we would have spent anyway getting the north side of our, what was a duplex, ready to try the B&B. If it does not make money then we will lease it for about $900.00 per month furnished with all bills paid.
For that low of an outlay of money we have very little to lose. Probably nothing by leasing it out something that we have done for nearly 25 years. Our only reason to do this is that it might make more money than a lease. No romance here, just greed. lol
For that low of an outlay of money we have very little to lose. Probably nothing by leasing it out something that we have done for nearly 25 years. Our only reason to do this is that it might make more money than a lease. No romance here, just greed. lol