24 min listen
Why Boutique Hotels are the Next Big Thing | Brad Lea’s Dropping Bombs Interview w/ Rich (Dec 2022) E28
Why Boutique Hotels are the Next Big Thing | Brad Lea’s Dropping Bombs Interview w/ Rich (Dec 2022) E28
ratings:
Length:
48 minutes
Released:
Mar 9, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with Brad Lea on his Dropping Bombs podcast. They talk about how Rich got his start in real estate investing, from his 11-year career as an air traffic controller to cashing out his 401k to buy his first deal. They dive into the business model & focus of Somers Capital – buying Boutique Hotels that are tired but well-located, fully renovating, re-branding & re-launching these properties, then managing the hotel with their in-house team. Brad & Rich discuss raising capital, structuring deals with accredited vs. non-accredited investors, and possibly even doing a deal together in the near future. // Connect with Brad on Instagram: @therealbradlea--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:
Mar 9, 2023
Format:
Podcast episode
Titles in the series (100)
Why Prioritizing Mindset and Team is Important Before Scaling | Mike Sjogren & Emanuele Pani Pt. 1 E10 by The Rich Somers Report