Key Takeaways:
Transitioning from residential to commercial real estate investing takes time, patience, and the right mindset. It's not an overnight process.
Raising other people's capital can be a great way to get started in commercial real estate, but you need to be very diligent in your underwriting and risk mitigation.
Getting into boutique hotels can be challenging, with issues like labor shortages and operational complexities. Focusing on larger hospitality assets with more economies of scale can be beneficial.
Building brand loyalty and creating unique experiences for guests are important in the hospitality business.
The Commercial Real Estate Investor Podcast