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Updated about 4 years ago on . Most recent reply

User Stats

10
Posts
6
Votes
Eugene Tan
  • Rental Property Investor
  • Boston, MA
6
Votes |
10
Posts

Has anyone bought/invested a hotel?

Eugene Tan
  • Rental Property Investor
  • Boston, MA
Posted

There is a hotel near by for sale with over 11.85% CAP. Any pros and cons for owning a hotel?

Most Popular Reply

User Stats

149
Posts
55
Votes
Justin Bauer
  • Investor
  • Cannon Falls, MN
55
Votes |
149
Posts
Justin Bauer
  • Investor
  • Cannon Falls, MN
Replied

Its a business and not a passive investment. If you want to run a business you can turn it into a 20 cap rate.

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