How He Bought A Boomer’s Hotel and Transformed It Into Cash (Fast)

504 viewsover 1 year ago38m 13sScore: 78

The Short Term Shop

Growth & Marketing
intermediate
Profitability
Multiple Properties
Revenue Management
Expenses
Insurance

Summary

Rich Summers details his journey into boutique hotel investing, covering the acquisition of four properties through a fund, including a San Diego hotel that underwent significant renovation. He emphasizes the challenges, such as unexpected flooding, and the focus on value-add strategies to increase asset value.