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JoeDavola

Hotel Investments?

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OK - what's the catch here. I just got an email to my inbox advertising this hotel that's being built in Belfast where you can buy rooms:

https://www.propertypal.com/george-best-hotel-belfast/d2174

My gut tells me that for the money people to be offering plebs a chance to invest in something big like a hotel, there must be some sort of a scam going on - what is it? Does this represent taking on a risk (i.e. if there's big maintenance costs or nobody stays in it) without the reward (i.e. a flat return even if someone stays in the hotel room at big ££ ever night of the year)?

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