Acquiring Minds How to Build $7.5m in Net Worth by Buying a B&B
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Jun 5, 2025 Christine Traylor, the owner of Swan House, shares her journey from international development to managing a historic bed and breakfast in Dupont Circle. She discusses the unique challenges of negotiating a non-flexible seller and the financial strategies that helped her acquire the property, including SBA loans. Balancing family life with entrepreneurship, Christine highlights the importance of community relationships and guest satisfaction. She also reflects on the ups and downs of the hospitality industry, emphasizing how to thrive amidst competition.
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Christine's Career Pivot
- Christine Traylor transitioned from a 15-year international development career to owning a B&B business.
- She was driven by desire to control her destiny and business success outcomes.
Running Swan House Daily
- Christine runs Swan House as the full-time innkeeper, with part-time help and housekeeping staff.
- She currently pays herself $60,000, below her previous salary, reflecting market rate for innkeepers with housing.
B&B as Real Estate Plus Business
- Swan House’s profitability excluding loan payments is $700,000 annually on $1 million revenue.
- This NOI reflects the unique blend of business and real estate value in the B&B model.