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> If you have visitors regularly, you should probably buy a house with that extra bedroom. It's an asset that you can sell and recoup virtually 100% of your inv
by leetcrew 6y ago
> If you have visitors regularly, you should probably buy a house with that extra bedroom. It's an asset that you can sell and recoup virtually 100% of your investment later on. You can't sell all the hotel rooms you've previously rented.
if you're buying a house, it probably makes sense to get one more room than you typically need. like you say, it's likely that you recoup the cost at the end anyway. if you're renting, it's a little different. a decent hotel room is $100-200 a night in most cities. that's not cheap, but having one extra bedroom probably adds at least that much to your monthly rent.
I argued in a different post that a hotel room isn't necessarily a substitute for a spare room. it's a much less intimate way to entertain visitors. depending on the guest, that could be a pro or a con.
- topkai22 6y agoA hotel room also isn’t a substitute because it can’t be used as flex space. The pandemic has many of us wishing for dedicated home office space, an extra room serves that purpose. It can also serve as a home gym and hobby project space, sometimes all at once.