
The Rich Somers Report
Latest News in the STR Market & How He Bought His First Boutique Hotel | Tony Robinson E222
On today's episode, Rich sits down with Tony Robinson -- real estate investor and co-host of the Bigger Pockets Real Estate Rookie Show. Tony brings his expertise in long-distance real estate investing, the BRRRR strategy, real estate partnerships, and short-term rentals. Tony has defied all odds as a young black male who became a father at 16, quickly scaled the corporate ladder at companies like Tesla, and has now become a full time real estate investor growing his portfolio to 30 short term rentals in the last 2 years.
Rich and Tony dive into how he bought his first boutique hotel right outside of Zion, a previous deal he had to walk away from halfway through the $6M raise, and the importance of getting your feet wet and just getting in the game with your first deal. They discuss what they're currently seeing in the STR market, their thoughts on canceling contracts, and the biggest lessons they've both learned as they've grown as entrepreneurs.
Connect with Tony on Instagram: @tonyjrobinson
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