Is Condo-Hotel A great Deal or Not?



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999milo
PostPosted: Sat Dec 18, 2010 4:36 am 
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Joined: Thu Dec 16, 2010 12:26 pm
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Website: http://IllusionMageReview.com
I didn't know until now that a kind of housing like Condo-Hotels are no longer considered an investment. Hotels nowadays are a risky business perhaps because of the different factors like economy and competition. The hotel business as we all can see now is very volatile. Earnings drop significantly during downturns, thus, making them not such a good deal. How about you? What do you think? Does investing in condo-hotel would make you any good?

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RVAIS
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PostPosted: Sun Dec 19, 2010 7:11 am 
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Joined: Sat May 30, 2009 6:21 am
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Location: Upstate New York
WTF

Are you buying the whole hotel?
A unit?
Do you own it or lease it?
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