“We all sit in a room. I'll take out a hotel, you know, conference room. We all sit down. We say, we are going to use this terminology for everybody.”
AB
Andrew Beer
Top Traders Unplugged ·
Jay Desai · Real Estate Investing for Cash Flow with Kevin Bupp · The Strategy That Turns Struggling Hotels Into Multifamily Goldmines | Ep. 1012
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used a 1031 exchange to roll parent’s hotel equity into a new hotel acquisition
“We all sit in a room. I'll take out a hotel, you know, conference room. We all sit down. We say, we are going to use this terminology for everybody.”
“We delivered some warm samples to some influencers that were at a hotel in Dallas… they all just shared it and went crazy”
“He would hand select 20 people… then 50… then 100… pay for hotels, wine and dine us… invite five or six brands… they got to actually bring their product in”
“We ended up patterning it after the Ritz-Carlton, because they were like 30 of the top 100 stores in the world, and they actually let us send our first 10 store leaders to open Ritz-Carlton hotels.”
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