What is a condotel?

Описание: What is a condotel? What are the pros and cons of purchasing a condotel? A condotel can make a wonderful ocean front vacation home or investment property but you need to have all the facts before purchasing one! Watch this quick video for the scoop!

0:00 What is a condotel
0:28 Pros and Cons of a condotel
0:38 Pro 1 Rental Income Potential
0:50 Pro 2 Great Vacation Home
1:14 Pro 3 Potential Price Appreciation
1:32 Pro 4 Convenience Factor
2:00 Pro 5 Property Maintenance
2:35 Con 1 Financing
2:57 Con 2 High Management Costs
3:25 Con 3 Using it Personally
3:40 Con 4 Possible Property Destruction
3:56 Con 5 Restrictions
4:29 Condotels can be a great property to own!
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