What are some online resources to learn about hotel underwriting?
Newbie just got into the underwriting world.  I am considering the Cornell real estate investment course but don’t want to pay 3 grand…. What are some online resources to understand the technical part of underwriting models especially relate to hotrl asset?
[{"id": "iov9m0q", "text": "A.CRE. Probably best tool for underwriting universally across different products in excel.", "replies": [{"id": "iovkwxi", "text": "Do you have a link?", "replies": [{"id": "iovshie", "text": "https://www.adventuresincre.com/library-real-estate-excel-models/", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iovez31", "text": "The *Rushmore approach* to valuing hotels is the universally accepted model in banking and appraisal, though some other models are disputed for *ad valorem* and lawsuits.  Not the same as underwriting but it'll put you a step ahead.\n\nHospitality Valuation's key article:\n\n[https://www.hvs.com/Content/1304.pdf#:\\~:text=The%20Rushmore%20Approach%20for%20valuing%20the%20real%20property,reflects%20actual%20hotel%20operating%20structures%2C%20customs%2C%20and%20economics](https://www.hvs.com/Content/1304.pdf#:~:text=The%20Rushmore%20Approach%20for%20valuing%20the%20real%20property,reflects%20actual%20hotel%20operating%20structures%2C%20customs%2C%20and%20economics).", "replies": [{"id": "iovkxc3", "text": "Thanks!", "replies": [], "depth": 2}, {"id": "ioxflok", "text": "Second this. The Cornell class is going to take you through a tailored version of this anyway.", "replies": [], "depth": 2}], "depth": 1}]