Updated almost 4 years ago on . Most recent reply
Condo Hotels - Are these good investments?
I know condo-hotels (condotel) are not new but I am seeing more and more of them listed. Hotels selling their individual rooms to investors and seem to be minimal cash flow business but a completely hands-off investment. I am looking in the Orlando, NC beach areas and wanted to get some feedback from anyone that may have done this in the past or currently own some now.
I look forward to anyone's feedback/responses.
Most Popular Reply
John Underwood
#3 All Forums Contributor
Pro Member
#3 All Forums Contributor
- Investor
- Greer, SC
The whole point of the STR movement is to provide better options than a hotel room.