9min chapter

The Rich Somers Report cover image

How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

The Rich Somers Report

CHAPTER

From Multifamily to Boutique Hotels: A Strategic Investment Shift

Exploring the transition from multifamily property investments to boutique hotels due to rising interest rates. The chapter follows the narrator's journey of discovering a neglected beachfront boutique hotel, uncovering mismanagement issues, and successfully negotiating a deal via seller financing in a remote location.

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