Quote:
Originally Posted by Timbo
Charles,
I do that down at the Turnberry (Signature) at MGM Grand. It's labeled as a "Condhotel", but the rooms are not altogether in one bldg. Signature is 3 different bldgs. behind MGM. My condo is rented so much, I can't even use it. Pisses me off sometimes, but it sure is nice not having to pay for that investment.
The experience, has been very easy. They rent it for you, collect the cash, and deposit your cut.
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That's awesome. Is it based on a revenue sharing model or flat rate for the management of your property? Do they evenly split the usage among other condos in the building or how is it they decide which units get rented out when they're not at 100% capacity? Thanks for the help Timbo!
WG