Unique Home — Would that be a good B&B property?

From “Ask Kit!”:

Q: My husband and I have recently purchased a home for intentions to rent it out. however this home is so unique we are now discussing other possibilities. one of which is a b&b.The only setback is its size. there could only be 3 bedrooms. my question is: Is that too small? And does someone have to live on site? This house is located in a small town with not a whole lot of traffic or attraction. The house itself would be the biggest attraction. Should I give up any thoughts of turning this into a Bed and Breakfast? Any advice would be appreciated.

Read moreUnique Home — Would that be a good B&B property?

A Steal of a Deal

I regularly hear about B&B buyers who are so pleased with their B&B purchase they are almost gloating. I’m all for a buyer getting their B&B for a good price, as long as they don’t make the seller feel as if they are being robbed. A seller who feels robbed will make life and the transaction unpleasant fo the buyer. When that happens the good deal quits being a good deal.

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