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Hotel living............................
09-12-2007, 05:37 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Hotel living............................
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Retired 3/31/2007@52
Investing style: Full time wuss.
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09-12-2007, 11:00 AM
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#2
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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Travelodge? Just weird. Sit and watch the busy street, sounds like fun. (crabby today).
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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09-12-2007, 06:49 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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Hmmm - shades of the Gilded Age. Wasn't that the hall mark of the newly rich - spend seasons in hotels/motels in different parts of the world?
Or am I not remembering some old black and white movies that well.
heh heh heh
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09-12-2007, 08:40 PM
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#4
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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I wouldn't mind living in a hotel. But I would probably choose to buy a condo within a nice hotel and be able to take advantage of all the amenities that hotel has to offer. Actually they are about to open a Westin hotel-condo residence down here and they are selling condos on the top floors but the prices are quite prohibitive I hear... I think I would love it though, if I could afford it.
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09-12-2007, 09:19 PM
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#5
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Administrator
Join Date: Apr 2006
Posts: 23,041
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The Plaza Hotel in NYC is being condo'ed. You could have a very nice room for several gazillion dollars.
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Living an analog life in the Digital Age.
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09-13-2007, 02:33 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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I would think there is better alternative than living in a travel lodge. How many of those types of places have you been in that would be worth staying permanently? My answer is none!
I think it is kinda sad that they settled for that situation.
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09-13-2007, 05:42 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,145
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I'll take my RV over a hotel any day!!!
I'm sure the fact that I don't care for city life helps my bias. Also, I like to move around too much.
Audrey
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09-13-2007, 07:27 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Location: DFW
Posts: 2,016
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Each to his/her own.
I'm too lazy too look it up, but I seem to recall a couple living on a cruise liner for years and years. There's always another way.
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Resist much. Obey Little. . . . Ed Abbey
Disclaimer: My Posts are for my amusement only.
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09-13-2007, 08:22 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,391
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Well they paid $30/day or around $900 a month. That includes their utilities and maid service. Lots of people pay way more than that for housing.
If that's what they want then good for them.
- To each his own.
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09-13-2007, 01:00 PM
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#10
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 319
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For me having a homestead or base is important - just to have a place for all the memories and from a tax perspective. I am in the process of trying to find lower cost housing in any of the low income tax states. Then my plan is to spend 3-6 months in a new and exciting place each year via a hotel. One good point is that if you book far enough in advance you can get very good rates, and not at travel lodge, I recommend the Choice Hotel Group( Hotels, Rooms, Reservations, Hotel Lodging, Motels - Choice Hotels. They have the variety and locations with a fair price. If we were to spend any serious time in an hotel it would need more of a suite then a room. And you would want it on the top floor - away from peeping toms and nosy people above you.
When you add up the daily cost of home ownership; Tax's/Insurance/Maintenance/Heat/AC/Electricity/Internet Connection/cable TV/Pool & Jacuzzi costs/Gym Membership/Laundry/Toiletries and Local calls it may be far greater then $30/day. So the extended hotel stay is starting to look very economical and flexible.
Is anyone doing this? if so, where is you home base and what learnings can you share....
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Just Trekking thru!
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09-13-2007, 02:18 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Posts: 2,603
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Didn't Warren Beaty live in some famous Beverly CA hotel? I am sure he got more than a bed and a tiolet.
I'ld also need more than a bed and a tiolet .... to each his own.
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FIRE'd since 2005
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