The Rich Somers Report Airbnb is Going Away: Boutique Hotels are the Future of Hospitality | Michael Zuber E408
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Oct 9, 2025 Michael Zuber, a real estate investor and founder of Summers Capital, reveals why the era of Airbnb is fading, making way for boutique hotels. He discusses how retiring baby boomers are creating unique buying opportunities and how regulations are tightening around short-term rentals. Zuber shares insights on leveraging AI for enhanced guest experience and revenue management. He explains essential strategies for transitioning from short-term rentals to boutique hotels, offering listeners a coveted blueprint for success in the evolving hospitality landscape.
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Network With Brokers Relentlessly
- Build relationships with 100 brokers and touch base every two weeks to get first-look deal flow.
- Underwrite 100 deals conservatively; one well-underwritten deal will surface as a winner.
From Air Traffic Controller To Investor
- Michael cashed out his 401(k) and bought small multifamily deals after binge-learning real estate for nine months.
- Those early bets gave him the confidence to leave his air traffic controller job and go all in on real estate.
Underwrite Conservatively Every Time
- Use conservative underwriting and increase your assumed exit cap rate by ~25 basis points per year held.
- If the numbers don't work under conservative assumptions, walk away from the deal.