Join Big Mike for a no-holds-barred chat with Mike Stohler, Navy veteran, former commercial airline pilot, and co-founder of Gateway Private Equity Group. With a battle-tested portfolio of over 150 value-add units—from multifamily gems scooped during the 2008 crash to boutique hotels in the U.S. and beyond—Mike embodies the grit of turning setbacks into seven-figure wins.
From his small-town Indiana roots and early landlord fails in the pre-Google days to full-time investing by 2003, Mike reveals how he navigated market crashes, pivoted strategies, and uncovered untapped opportunities abroad. Facing U.S. hotel headwinds like soaring rates and labor costs, discover his bold shift to Spain's Costa Brava—where low-financing deals and tax-smart structures deliver outsized returns. Tune in for raw insights on global diversification, contrarian plays, and building a "lifestyle investment" empire that lets investors vacation at their assets.If you're ready to think beyond borders and crush cycles, this episode is your launchpad.
HIGHLIGHTS OF THE EPISODE0:00 - Welcome to the BigMikeFund Podcast
0:19 - Guest Intro: Mike Stohler
1:24 - Small-Town Indiana to Navy and Early RE
1:44 - Pre-Google Landlord Failures
2:05 - Airline Pilot Career and Injury Pivot
2:32 - Full-Time RE Investing in 2003
3:01 - 2008 Crash: Buying Multifamily at 10+ Caps
3:52 - Pivot to Hotels ~10 Years Ago
4:05 - Napkin Deal: Selling Portfolio at 4.5 Caps
5:17 - Partnering with 25-Year Hotel Expert
5:50 - COVID Survival: From 84% to 7% Occupancy
6:30 - Current US Hotel Market: High Rates, Expenses
7:21 - Shift to Spain's Costa Brava: Lower Costs, 15 Caps
8:50 - Example: €1.5M Medieval Boutique at 15 Cap
10:09 - Low Financing: 2.55-2.7% Rates
11:12 - Focus: Catalonia/Costa Brava Tourism Hub
12:11 - Tax Structure: No Double Taxation via Treaty
14:15 - Deductible Vacations as Business Expenses
15:18 - Operations: Local Team, Niche Marketing
17:53 - SEO for Castles/Estates, Wedding Focus
20:47 - Projections: 21% IRR, 8-14% Cash Flow
21:34 - Exits: 3 Strategies, Long-Hold Lifestyle Model
23:34 - Structure: 80/20 Split, Simple Waterfalls
26:34 - Fees: 1% Management/Investor Relations
32:58 - Connect with Mike Stohler
If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.CONNECT WITH US:Website: www.tempofunding.comYoutube: https://www.youtube.com/channel/UCnJkdVoOsUy85ydkmot9iVA
LinkedIn: https://www.linkedin.com/in/mzlotnik/Facebook: https://web.facebook.com/TFmanagementgroup/?_rdc=1&_rdr
X: https://twitter.com/management_tf
CONNECT WITH THE GUESTWebsite: gatewaype.com
LinkedIn: https://www.linkedin.com/in/michaelstohler/
Full Transcript:Mike Zlotnik (00:02.039)
Welcome to the Big Mike Fund podcast. the Big Mike, Mike Zlatnik. And today it is my pleasure and a privilege to welcome Mike Stoller. Hey, Mike.
Thanks for coming on a podcast. you said you hail from Scottsdale and you're between Scottsdale and Barcelona. And let me do a forma...