Capital Hacking E283: Journey to Success in Hospitality and Real Estate with Josh Hatter
On this episode of Capital Hacking, hosts Josh McCallen and John Edwin interview Josh Hatter, who has transitioned from short-term Airbnb rentals to short-term bed and breakfast boutique hotels. Hatter shares his passion for hospitality and explains how he found his niche by blending short-term rental houses with large-format hospitality. The hosts also discuss the benefits of this type of investing and geek out with Hatter over his success. Despite confusion over having two Josh's on the show, the hosts and guest provide valuable insights into the world of hospitality investing.
[00:02:35] Short-term rentals & boutique hotels.
[00:03:38] Investing in real estate.
[00:07:28] Bed and breakfast properties.
[00:09:56] Boutique hospitality investment properties.
[00:13:41] Short-term rental economics.
[00:18:44] EBITDA and profit margins.
[00:19:55] Airbnb breakfast and dynamic pricing.
[00:23:11] Commercial real estate investing.
[00:26:57] Historic towns for hotel investments.
Josh Hatter has a unique approach to investing that combines short-term rental houses with large-format hospitality. He has transitioned from short-term Airbnb rentals to short-term bed and breakfast boutique hotels, and has established a property company (prop co) and an operating company (op co). The bed and breakfast business pays rent to the property company and is responsible for all utilities and expenses, which protects the real estate from potential lawsuits and ensures that the business is liable for any liabilities. With over a decade of experience in the short-term rental industry, Josh Hatter has found his niche in the boutique hotel space and is passionate about hospitality.
On a recent episode of the show, Josh McCallen and John Edwin were excited to have Josh Hatter as a guest to discuss his unique investing strategies. During the episode, Josh Hatter shared his investment journey, including his strategy of investing his 401k money to make it grow, which was not recommended by any financial advisor but worked for him. Josh McCallen and John Edwin were impressed by Josh Hatter's passion and knowledge in the industry, and the episode provides valuable insights into investing in the hospitality industry and the importance of making an impact on others.
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