24 min listen
How This Ex Firefighter Built an STR and Hospitality Business | Michael Porche E53
How This Ex Firefighter Built an STR and Hospitality Business | Michael Porche E53
ratings:
Length:
34 minutes
Released:
Jun 1, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with Michael Porche – former firefighter turned real estate investor and owner of a thriving short-term rental business. Michael is in San Diego preparing for his first live event, STR Legacies Live, from June 2-4 in which Rich will be speaking on Boutique Hotels. They discuss Michael’s difficult transition from being a firefighter into the real estate investing world, the growth of his short-term rental business & portfolio, and the excitement around hosting his live event. They dive into the recent acquisition of Michael’s first boutique hotel, the importance of “failing fast” and learning from those failures, and the most rewarding aspect of being an entrepreneur. Michael touches on his anticipations and plans for the upcoming year, and the concept of “your network is your network”. He also gives some valuable advice on surrounding yourself with like-minded individuals in the industry. --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:
Jun 1, 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