Updated almost 6 years ago on . Most recent reply

Input on purchasing hotel rooms for rental/appreciation potential?
I am considering buying full ownership interest on a 347sq ft hotel room at the base of a popular ski area. The asking price is only $119,000, is great for the area but has a $535/month HOA that could spoil the deal. Does anyone have any experience or input on if buying hotel rooms with the intent to rent out is a wise investment? Thanks!