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Updated about 3 years ago on . Most recent reply

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Karine Kuchipudi
  • Real Estate Agent
  • South Florida
0
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5
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Condo-Hotels in South Florida: Yay or Nay?

Karine Kuchipudi
  • Real Estate Agent
  • South Florida
Posted

Greetings all, I'm looking at pulling the trigger on my two first deals. Been analyzing a crazy amount of deals and it seems that condo-hotels in the Miami-Hollywood-Fort Lauderdale area provide a nice return, even at very low levels of occupancy. I put a 40% assumption. Anybody using this investment method and finding success? Or the opposite? Thank you all!

Most Popular Reply

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178
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100
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Chris Mury
  • Realtor
  • St. Augustine, FL
100
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178
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Chris Mury
  • Realtor
  • St. Augustine, FL
Replied

@Kevin Pillow

Great point. OP should also be aware that most condotels are non-warrantable making seller financing and cash your most likely purchase options.

  • Chris Mury
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Chris Mury- Realtor
5.0 stars
16 Reviews

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