Comments on: What Are Condo Hotels or Condotels? An Interview with Joel Greene – Part I http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/ Learn, Network, Invest Mon, 23 Nov 2009 13:13:51 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Jackson Hole Real Estate Blogger http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-60862 Jackson Hole Real Estate Blogger Mon, 27 Oct 2008 21:13:13 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60862 I am very familiar with the condotel model as I sell real estate in Jackson Hole and we do have condo/hotels in Teton Village . It is going to be very interesting to see how well the condotels hold up in upcoming (or current) recession. Many of the properties that I have done historical roi numbers on have not "penciled out" well. Not that i ever would sell them as an investment based on future speculation. Great Blog. I am very familiar with the condotel model as I sell real estate in Jackson Hole and we do have condo/hotels in Teton Village . It is going to be very interesting to see how well the condotels hold up in upcoming (or current) recession. Many of the properties that I have done historical roi numbers on have not “penciled out” well. Not that i ever would sell them as an investment based on future speculation.
Great Blog.

]]> By: Lance http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-60291 Lance Mon, 29 Sep 2008 17:45:04 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60291 Jackson Hole has several Condotels. There is a few in Teton Village. I believe that Hotel Terra, Teton Club, Crystal Springs, Teton Mountain Lodge are all Condotels. There is also a good one in Victor Idaho called Teton Springs. Jackson Hole has several Condotels. There is a few in Teton Village. I believe that Hotel Terra, Teton Club, Crystal Springs, Teton Mountain Lodge are all Condotels. There is also a good one in Victor Idaho called Teton Springs.

]]> By: Susan http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-60169 Susan Tue, 23 Sep 2008 22:28:04 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60169 This is very interesting. I hadn't heard of this before. It would appear that the real estate advantages far outweigh the disadvantages, especially in a market such as this one. This is very interesting. I hadn’t heard of this before. It would appear that the real estate advantages far outweigh the disadvantages, especially in a market such as this one.

]]> By: steve jennings http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-55995 steve jennings Sun, 13 Apr 2008 10:25:35 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-55995 One of our projects is a condotel 'The beaches Resort & Residences and is offering a 6% return for 5 years. So they do seem to be the favored form of overseas investment as well reputable hotel chains offer to manage them for the investors. One of our projects is a condotel ‘The beaches Resort & Residences and is offering a 6% return for 5 years. So they do seem to be the favored form of overseas investment as well reputable hotel chains offer to manage them for the investors.

]]> By: Nancy http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-53228 Nancy Fri, 28 Dec 2007 14:41:38 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-53228 Are there any condotels for sale in the Los Angeles area? Are there any condotels for sale in the Los Angeles area?

]]> By: peter http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-51362 peter Sun, 30 Sep 2007 07:23:18 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-51362 BP: Are these properties difficult to finance? GREENE: Not at all, but they do take 20% down typically, whereas condos can be purchased with less cash down. It’s also important to make sure you use a mortgage broker who has had success in getting condo hotel financing deals done. Many banks still do not do them, but more and more are getting involved as condo hotels become more widely available. I like this section. in some part, mortgage broker do more than bank. BP:
Are these properties difficult to finance?

GREENE:
Not at all, but they do take 20% down typically, whereas condos can be purchased with less cash down. It’s also important to make sure you use a mortgage broker who has had success in getting condo hotel financing deals done. Many banks still do not do them, but more and more are getting involved as condo hotels become more widely available.

I like this section. in some part, mortgage broker do more than bank.

]]> By: Flipping Real Estate for Profit « John Chow dot Com http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/comment-page-1/#comment-49331 Flipping Real Estate for Profit « John Chow dot Com Sat, 03 Mar 2007 17:35:17 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-49331 [...] What Are Condo Hotels or Condotels? [...] [...] What Are Condo Hotels or Condotels? [...]

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