In this episode of the Hotel Investor Playbook, Mike and Nate introduce Kassidy Warren, a former corporate executive who transformed his life by diving into the world of short-term rentals and is now purchasing boutique hotels. Kassidy began his journey in 2015, renting out a spare bedroom for $35 per night, and now oversees a $12 million property portfolio across five states. This episode covers Kassidy's evolution from house hacking to becoming a savvy investor, focusing on high-design concepts and memorable guest experiences. Discussions explore the strategic shift from investing in residential STR's to boutique hotels, leveraging properties, financial freedom, and tax-saving strategies like 1031 exchanges and cost segregation. Kassidy emphasizes mindset, fitness, and resilience in his journey, while revealing his ambitious future goals and the importance of networking. Tune in for an inspiring story filled with actionable insights on real estate investing and the pursuit of dreams.

In this episode, hosts Michael Russell and Nathan St. Cyr delve into the value of attending mastermind conferences and networking events. They reflect on their recent 10-day tour of educational meetups, discussing key takeaways on boutique hotel investing, particularly focusing on operations, deal finding, capital raising, and marketing. The episode highlights the benefits of unique hospitality experiences and effective team building, emphasizing the importance of seeing the highest and best use of spaces. Notable insights include the long-term value of networking with industry experts like Ben Wolff and Devon Towle, the innovative business ventures such as floating homes and themed movie sets, and the transformative power of vulnerability and introspection in professional growth. Listeners are encouraged to assess their own journey to maximize the return on investment from such events, considering both the financial and personal growth aspects!

In this episode of the Hotel Investor Playbook, Michael Russell and Nathan St. Cyr share insights into the lucrative world of boutique hotel investments. They recount their journey from real estate investments in single-family homes and vacation rentals to leveraging boutique hotels for high cashflow and significant equity gains. The hosts elaborate on the unique opportunity this asset class presents, including less competition, fewer regulations, and potential seller financing options. They emphasize the artistic and financial fulfillment derived from creating unique guest experiences in boutique hospitality, making it an attractive option for real estate investors seeking both immediate cashflow and long-term equity growth. Mike and Nate provide strategies and frameworks to help investors capitalize on this underappreciated segment of the real estate market, demonstrating its potential as the fastest path to financial freedom.