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All Forum Posts by: Caroline Smith

Caroline Smith has started 1 posts and replied 2 times.

The ground project will be a 5 star hotel with all those amenities. So how are the marriotts and Hiltons the competition? I am not sure I understand what you are trying to say? Are you saying the amenities cost so much then what the condo is being rented for or times rented is not enough to keep up with all the fees?

Hi All,

I am a newbie on Condo Hotel investments. I have come across investing in a resort that is being built from the ground up. Can anyone advise what sort of important details I should be looking into so I don't get caught up with regretting the purchase? I know I should be looking at HOA and all property management fees, Location, buy laws, sales contract. But, this is not a standing property as of yet and it is supposed to have many amenities. It is supposed to be a 5 star hotel. What sought of details should I look into in this type of prospective investment? Thank you kindly.