califdreamer
Recycles dryer sheets
Anyone out there try their hand at investing in hotels/motels? I have been considering different options for exchanging equity from apartment investments into other investments that may (?) offer higher cash-on-cash returns.
Hotel/motel properties tend to have higher cap rates but, of course, are management intensive (I would pay to hire professional mgt.) and, like all investment categories it seems, have been on a roll for a few years now.
Even if you haven't taken the plunge, anyone ever look into it or do some prelimiary research?
Thanks.
Hotel/motel properties tend to have higher cap rates but, of course, are management intensive (I would pay to hire professional mgt.) and, like all investment categories it seems, have been on a roll for a few years now.
Even if you haven't taken the plunge, anyone ever look into it or do some prelimiary research?
Thanks.