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How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

FromThe Rich Somers Report


How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

FromThe Rich Somers Report

ratings:
Length:
47 minutes
Released:
Dec 20, 2022
Format:
Podcast episode

Description

In today’s episode, Rich discusses his experience buying his first boutique hotel, the reasoning behind his pivot from multifamily, and why he sees an opportunity moving forward with boutique hotels. He also shares a story about how he found out an onsite manager had been stealing from the owner for years.  --Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Dec 20, 2022
Format:
Podcast episode

Titles in the series (100)

Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers