Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

How He Scaled to Over 70 STR Listings in Just 4 Years | Rafa Loza E66

How He Scaled to Over 70 STR Listings in Just 4 Years | Rafa Loza E66

FromThe Rich Somers Report


How He Scaled to Over 70 STR Listings in Just 4 Years | Rafa Loza E66

FromThe Rich Somers Report

ratings:
Length:
39 minutes
Released:
Jul 18, 2023
Format:
Podcast episode

Description

On today’s episode Rich sits down with Rafa Loza – short-term rental & boutique hotel investor, who’s made his mark in the hospitality and short-term rental industry over the past six years. Originally leveraging an arbitrage model, Rafa seamlessly transitioned into boutique hotel operations, his entrepreneurial spirit fueling his growth. He now owns and operates a large-scale hospitality brand, managing over 72 short-term rentals and a boutique hotel, with his portfolio growing month after month. Rich and Rafa discuss the business plan for his boutique hotel, different lending options, how he found investors for that deal, and a breakdown of the renovation package. They dive into how Rafa got into real estate investing, an overview of the structure of his team, and some tips for new investors looking to get into the game. Connect with Rafa on Instagram: @itsrafaloza--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:
Jul 18, 2023
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