All Forum Posts by: Jonny Bob

Thanks Frank. Holdfolio has been responsive to my inquiries and does their best to keep us updated; the sub-par investment returns just don't add up. And I'm 3 for 3 in my investments with them returning far less than they projected, so it's not just a one-off fluke. I will keep your suggestion in mind for the future.

I've been invested with Holdfolio in three different portfolios for over a year. It started off well but the last few quarters have been the same excuse of why they're paying out a low (or no) dividend for each of the three portfolios. They blame a small amount of move-outs/turnovers on why there's no dividend. I don't see why having one vacant unit out of ten is an excuse for a substantially lower payout? I trust their management but it appears they were way too optimistic in their offering documents. I am not looking to cash out but I won't be investing any further unless they're able to straighten all this out.

Holdfolio

They are high, but if the HOA fee effectively pays for hotel services (furnished room and daily housekeeping) it might be a fair price.

I was looking at Orlando-area investment properties and noticed a few 1 or 2 BR condos for sale inside the Melia hotel in Celebration, FL.  Apparently a developer sold a few condos in that building before the hotel bought it and took over/.

The condos are priced in the 100-130k range with high $1,200/mo HOA fees, but you're allowed to have the hotel put guests in there when you're not there. You can occupy it up to 26 weeks a year. I couldn't find any more details yet, but has anyone heard of anything like this before? Does it seem like a good deal, as long as you can get guests in there the majority of the time? It would be good for my family as we go to Disney often and could stay there at no charge, and collect money the remainder of the year, depending on of course if people stay in the room.