24 min listen
Using Seller Finance to Buy a Boutique Hotel & Tips for Buying in 2023 | Avery Carl (Mar '23) E45
Using Seller Finance to Buy a Boutique Hotel & Tips for Buying in 2023 | Avery Carl (Mar '23) E45
ratings:
Length:
13 minutes
Released:
May 4, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with host Avery Carl on her podcast, The Short Term Show. They discuss “the marriage of multifamily and short-term rentals”, the reasons behind Rich shifting his focus to boutique hotels, and his experience buying his first one. They talk about the way the deal was structured with investors, what gave him the confidence to move forward with this particular deal, and the specific criteria he’s looking for when purchasing boutique hotels. He also shares the advice he’d give 20-year-old Rich, if he knew then what he knows now. Connect with Avery: @theshorttermshop--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:
May 4, 2023
Format:
Podcast episode
Titles in the series (100)
Importance of Knowing Your Buy Box and Search Criteria as a Real Estate Investor | Mike Sjogren & Emanuele Pani Pt. 2 E13 by The Rich Somers Report