Business Buying Academy How to Buy & Build Hotels - A Real Estate Investing Masterclass with Jake Wurzak
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Aug 8, 2025 Jake Wurzak, CEO of DoveHill, shares his expertise in hotel development and investment. He reveals the ins and outs of investing in hotels, including a joint venture gone wrong and the lessons learned from challenges. Jake critiques a recently acquired hotel in Montauk, discussing strategies for renovations and enhancing guest experiences. He also dives into the importance of influencer marketing for visibility and explores the evolving dynamics of hotel dining and consumer preferences in a post-pandemic landscape.
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Built From A Single Gritty Deal
- Jake Wurzak built Dove Hill from one off‑market hotel joint venture and gritty capital raising.
- He scraped together early equity, leveraged a strong partner, then used that win to scale fundraising.
Built Largest Home2Suites In Philly
- Jake Wurzak co‑developed a 248‑room Home2Suites across from the Philly convention center.
- The hotel opened in 2013, produced steady cashflow, and sold at peak market in 2019 for a big gain.
Partner Refinance Left Us Alone
- Jake Wurzak's partner refinanced the ground and removed their equity overnight during a sale.
- COVID shut the hotel and left Jake as sole equity holder responsible for capital calls.