Maintaining a profitable and successful hotel can be difficult but rewarding. The hard work and attention to detail that are essential to creating a desirable and competitive hotel can be overwhelming, so much so that some hotel operators often disregard one of their best investment options for achieving wealth and financial success. By investing in the ownership of the commercial property, in addition to operating the hotel on which the property is housed, hoteliers can reach their ultimate financial potential and enjoy a more lavish and secure lifestyle.

Hoteliers and franchise operators that own the property find themselves in the advantageous position of building a healthy nest egg for themselves when the time comes to execute their exit strategy. It makes a great a deal of sense to "pay yourself rent" rather than a landlord if the plan is to someday sell or close the business. Once the capital for the down payment becomes available, business owners should consider turning their rental payment into a mortgage payment. This enables them to begin building equity in an appreciable asset that offers multiple tax advantages and income-sheltering opportunities.

The following tips can take some of the stress out of buying and owning commercial real ...