Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Audrey Ann Dumont

Audrey Ann Dumont has started 1 posts and replied 2 times.

Quote from @Don Rotanz:

I would be curious to find out what rates of return investors are getting on their Condo Hotels. 

I have a friend who has one in Florida where he doesn't have to do any repairs or maintenance to his unit. It's all covered in his fees.  He also gets to use it up to 28 days per year. These are what his numbers are: Value $369,000, Gross Rent $72,749, Total expenses $49,682 Net $23,067. His expenses include EVERYTHING. Expenses sound high, but 6 1/4% plus appreciation for doing nothing, sounds good to me.

Does anyone else in this group have a condo hotel?  What are your numbers like?


Hello, 

I am an investor in Jacksonville and i am looking for a good property manager that is also able to do some handyman work and that knows well pluming electricity etc !