The Investor 's Guide to Condo Hotel Real Estate Released

The manual covers such topics as an Overview of the industry, top questions to ask before purchasing a unit, and rental management agreements. "Understanding the Condo Hotel Rental management agreement is a major focus of the manual." says Franchini. "For example, the average investor will not understand terms such as FF&E, RePar, or Average Room Rate, but these terms are essential towards fully understanding the rental management statements". Franchini also points out, "Questions to ask before purchase are also detrimental towards getting a good investment. Although location of the property is always an important consideration, the location of the unit is also extremely important. For example, you want to avoid purchasing a unit near the elevator, ice machines, or with a poor view".