18 April 2024 | 83 replies
Another strategy is looking at short term or mid term rentals thats one way to cashflow but it does take more work as your basically running a hotel business but once you figure how to automate things it will get easier at least thats what the short term rental investors tell me lol.
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16 April 2024 | 18 replies
@Sejin Kim remember that in most Florida markets, one bedroom condos will compete directly with hotel rooms.
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16 April 2024 | 11 replies
There are other investments like air-bnbs where owners rent by the night similar to a hotel and those are referred to as short term rentals.
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18 April 2024 | 46 replies
I did have a good friend from Portland ( X philly eagle) who bought a small boutique resort in Kona about 8 to 10 rooms and that seems to have gone well for him over the years but price points were lower than the big hotels on the water or in Golf course settings.
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16 April 2024 | 20 replies
You would just need to come up with another 100k or so.If you like truly passive real estate and don't mind risk, you can go half on a hard rock hotel property in San Diego.
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14 April 2024 | 6 replies
We only have a few hotels in the area.
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18 April 2024 | 87 replies
If you own a hotel you might also have to pay a resort fee.
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18 April 2024 | 141 replies
Hotels have to have a decent Gym and my clients normally have stuff to do in the morning so I work out and usually hit it about 10 to 11 with them this is once every 45 days.
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12 April 2024 | 11 replies
AirDNA is a real standard for this stuff, but don't forget you will compete against hotels too.
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12 April 2024 | 16 replies
But I guess hotels don't normally have an issue- well most of the time.