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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceCondo Hotel (Condo-tel)
Tom Carmody's profile image
Tom Carmody's profile image
Tom Carmody
Pro Member
  • Rental Property Investor
  • from New Lenox, IL
  • Member since Sep 18, 2017
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Tom Carmody's profile image
Tom Carmody's profile image
Tom Carmody
Pro Member
  • Rental Property Investor
  • from New Lenox, IL
  • Member since Sep 18, 2017
Connect
Tom Carmody
Pro Member
  • Rental Property Investor
  • New Lenox, IL
7
Votes |
19
Posts
Real Estate Deal Analysis & Advice

Condo Hotel (Condo-tel)

Tom Carmody
Pro Member
  • Rental Property Investor
  • New Lenox, IL
Posted Jul 14 2019, 19:02

I’m newer to investing and came across a condo for sale in Florida which apparently is a “condo-hotel.” My understanding is that the building will rent this out for you and take a percentage. Does anyone know both the pros and cons of this type of investment? Thanks!

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