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Why Investing in Hostels Could be the Next Big Thing | Michael Russell E226
Manage episode 433124314 series 3425853
On this Thursday episode, Rich sits down with Michael Russell, an owner/operator of Howzit Hostels, a growing brand of hostels based in the Hawaiian Islands.
Michael shares his story on how he went from purchasing short term rentals in Hawaii to scaling up to investing in hostels.
Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth. Michael emphasizes that while risks are real, not seizing opportunities can lead to greater regret.
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Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
224 episodes
Manage episode 433124314 series 3425853
On this Thursday episode, Rich sits down with Michael Russell, an owner/operator of Howzit Hostels, a growing brand of hostels based in the Hawaiian Islands.
Michael shares his story on how he went from purchasing short term rentals in Hawaii to scaling up to investing in hostels.
Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth. Michael emphasizes that while risks are real, not seizing opportunities can lead to greater regret.
--
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
224 episodes
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