| The luxury 4 and 5 star condo hotel operators | | | | use maybe two to four weeks a year. Your |
| consistently attract and hire the most | | | | rental management company will rent the room |
| experienced professionals in the hospitality | | | | for you the rest of the time, when it would |
| industry. This will be the team working for you | | | | otherwise be empty, and this will help you offset |
| and overseeing your property. They are | | | | some of the expense. |
| established with a world-class track record in | | | | Another major benefit of having a world-class |
| hospitality and hotel management. They'll ensure | | | | management team overseeing your property is |
| that your property is looked after properly, that | | | | that it means you won't have to deal with the |
| the occupancy rates increase year after year, | | | | daily headaches that can accompany rental |
| and that the nightly rates continue to command | | | | property ownership. As anyone who has ever |
| top dollar. | | | | owned rental properties can attest to, rentals |
| The most obvious benefit of having a world-class | | | | properties can often be a nightmare. Many of the |
| management team overseeing your property | | | | purchasers of condo hotels have owned multiple |
| involves the rental aspect. At the top of most | | | | rental properties in the past. These owners know |
| prospective owners minds is the area of rental | | | | all too well the hassle of receiving a call in the |
| management and the possible income that might | | | | middle of the night from a tenant regarding a |
| be achieved. As an owner, you'll always have | | | | leaking pipe or some other unexpected issue that |
| peace of mind knowing that the team managing | | | | has to be resolved immediately. The matter is |
| the rental of your property has decades of | | | | only complicated if the owner lives out of state. |
| experience and massive infrastructure to | | | | With the condo hotel, there will be no calls in the |
| guarantee that your property always commands | | | | middle of the night for the owner to respond to. |
| top dollar and that everything possible is being | | | | The hotel's management team deals with every |
| done to attract guests. | | | | detail and the owner never has to deal with |
| Condo hotels are the ultimate hassle free rental | | | | hassles that traditionally come with owning a |
| property. You can live and work in Los Angeles | | | | rental property. |
| and buy a condo hotel in Palm Springs that you | | | | |