Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
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!