Newsflash: Las Vegas Condo Hotels

Does anybody know about investing in a Las Vegas Condo Hotel? I have a small short term rentals business in Los Angeles and want to expand to Las Vegas because of the recent trends and new sports teams inbound. Been doing a lot of research into short term rental options on the strip and I am excited to get something out there. For anybody that has done this before, couple of questions – 1) Do you manage the property yourself? or join one of the hotel programs to have them manage the scheduling/turnovers/cleaning/etc? Which way makes more sense? 2) Do you recommend this as a passive income strategy? Thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/6j6odi/las_vegas_condo_hotels/?utm_source=ifttt

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