What happens when a hotel investment doesn't go as planned?
In this candid episode of the Hotel Investor Playbook, we chat with Tanya Rooney about the ups and downs of buying and operating a roadside motel. From discovering hidden challenges in partnerships and revenue projections to navigating the nuances of small-town hospitality, Tanya's story is packed with invaluable lessons.
You'll learn:
- How to spot red flags during underwriting and due diligence.
- The differences between short-term rental investing and hotel operations.
- Why partnerships are like marriages - and how to choose the right one.
- Actionable steps to prepare for success in hospitality investing.
Whether you're new to hotel investing or looking to avoid costly mistakes, this episode will give you insights and strategies to help you level up.
🎧 Listen now and uncover the ultimate hotel investing hack: learning from the mistakes others have made.
Connect with Tanya:
Instagram: @tanyamn
Website: Tanya Rooney
Podcast: Tribe Builders Podcast
Connect with Mike and Nate:
Instagram: @the_hotel_investor_playbook
Website: www.hotelinvestorplaybook.com
Interested in investing with Mike and Nate? Visit Malama-Capital.com for more information.