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16 Minute Crash Course on Buying a Hospitality Resort

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Manage episode 428342155 series 2790640
Content provided by Andrew M. Hines. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew M. Hines or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In E283B, I break down the essentials of buying a hospitality resort, sharing valuable lessons from my own investments. We cover high-level financial analysis, emphasizing the use of local, up-to-date data for accurate projections. Discover the importance of securing a building condition analysis and phase one environmental assessment to meet lender requirements and avoid surprises. Learn why understanding zoning regulations is crucial for scalability and how to budget effectively, including modeling with expensive money and incorporating buffers.
I also highlight negotiating a multi-year training period with the existing owner for a smooth transition and operational insights. Explore strategies to enhance property appeal with added amenities and optimized listings using professional photos and targeted marketing. The episode underscores the necessity of a robust support team, especially for those managing full-time jobs.
Curious about how to maximize your hospitality resort investment? Tune in for practical tips and insider knowledge that can make a significant difference in your real estate journey. Don't miss this chance to gain insights that could transform your approach to hospitality investing!
Order your copy of Real Estate Titans : Tools, Tactics & Wisdom for Canadian Real Estate Wealth
Andrew Hines Audio · E283B 16 Minute Crash Course on Buying a Hospitality Resort
LISTEN TO THE PODCAST
Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE
FOLLOW ON SOCIALS
Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines
  continue reading

297 episoade

Artwork
iconDistribuie
 
Manage episode 428342155 series 2790640
Content provided by Andrew M. Hines. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew M. Hines or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In E283B, I break down the essentials of buying a hospitality resort, sharing valuable lessons from my own investments. We cover high-level financial analysis, emphasizing the use of local, up-to-date data for accurate projections. Discover the importance of securing a building condition analysis and phase one environmental assessment to meet lender requirements and avoid surprises. Learn why understanding zoning regulations is crucial for scalability and how to budget effectively, including modeling with expensive money and incorporating buffers.
I also highlight negotiating a multi-year training period with the existing owner for a smooth transition and operational insights. Explore strategies to enhance property appeal with added amenities and optimized listings using professional photos and targeted marketing. The episode underscores the necessity of a robust support team, especially for those managing full-time jobs.
Curious about how to maximize your hospitality resort investment? Tune in for practical tips and insider knowledge that can make a significant difference in your real estate journey. Don't miss this chance to gain insights that could transform your approach to hospitality investing!
Order your copy of Real Estate Titans : Tools, Tactics & Wisdom for Canadian Real Estate Wealth
Andrew Hines Audio · E283B 16 Minute Crash Course on Buying a Hospitality Resort
LISTEN TO THE PODCAST
Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE
FOLLOW ON SOCIALS
Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines
  continue reading

297 episoade

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