Submitted by One_Honest_Dude t3_z8x68b in personalfinance
I was browsing Zillow yesterday to see what house prices were doing and stumbled on a posting to buy a hotel room in a yet to be built resort in the Dominican by a major hotel brand. I had never heard of that and have done a tiny bit of reading about it since but was wondering if anyone here has experience with it. What are other potential investments that people may have never heard of?
SuperSailorSaturn t1_iydtiq2 wrote
Its like owning a condo, except that you can allow the hotel/resort to rent your room when you are not there for a portion of the income. You also cant really change anything about the room-or at least easily like an apartment rental. Oddly, its pretty popular in resorts areas like in Ski Towns.