Ryan is the CEO of Sage Investment group, a boutique real estate firm that focuses on addressing the affordable housing shortage in this country by converting functionally obsolescent hotels into modern residential apartment homes. Ryan will dives deep into the process of acquiring and converting hotels, including the challenges and lessons he has learned along the way. Additionally, we'll go into detail on the importance of thorough due diligence, construction budgeting, and engaging with local municipalities.

Connect with Ryan: https://sageinvestment.com/, [email protected]

Highlights:

2:00 - Ryan's Journey / Experience

5:00 - When/Why Is A Hotel Up For Grabs

9:26 - Three Things To Look At When Buying A Hotel Property

19:07 - Main Demographic / Amenities / Costs

22:56 - Loans / Lenders

Quote: "We're in the strategy to take distressed hotels and convert them into vibrant communities."

Recommended Resources:

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• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.