Millennial Investing - The Investor’s Podcast Network
Business:Investing
REI098: You Can Buy Real Estate from Colleges w/ Michael Stohler
Robert Leonard talks with Michael “Mike” Stohler about how to get into hotel investing with no or very little experience, how Airbnb and VRBO play into Mike’s strategy on hotels, how COVID made an impact on his business in the short-term, and how he expects it to continue to play out over the long-term, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
19:05 - Why Michael decided to start focusing on hotels as an asset class and as his strategy.
26:05 - Why he believes that hotels typically perform consistently regardless of market conditions.
30:25 - How to evaluate or underwrite potential hotel investments.
31:12 - What Michael’s buying criteria is for potential hotel investments.
33:09 - Why he started employing virtual assistants and how he utilizes them in his real estate business.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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