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Every investor has done it. You fall in love with a deal and suddenly the spreadsheet starts bending to fit the dream instead of the other way around. Tony and Jordan break down the traps they have walked into, the ones they barely escaped, and how to know when your own excitement is the biggest risk in the room.
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The headlines say the sky is falling. Tony and Jordan say grab a shovel. In this episode they break down what the market data actually shows right now, why they are still actively buying, and how to find the motivated sellers that everyone else is too scared to look for.
VR Nation Traverse City
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Whitney Stutzman and Victoria Deter had been driving past a rundown motel for years telling themselves someone should do something with it. Then one conference changed everything. This is the story of how the Timberlane Inn went from 40 years of vacancy to 82% direct bookings in its first two months open.
The Timberlane Inn
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Tony and Jordan sit down with Jeff Iloulian, founder of HostGO, to hear how a big law attorney turned lease arbitrage host built a buying group for short-term rentals and boutique hotels.
Jeff shares how members save on everything from mattresses to locks, and what it took to leave a legal career behind.
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Tony just got back from Boutique Hotel Con and breaks down his top three takeaways with Jordan. New metrics like GOPAR and TrevPAR, whether they're charging partners enough for their work, and the "second brain" AI setup he's excited to try.
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Airbnb just rolled out a direct booking link with reduced fees, and Tony and Jordan break down whether it's actually a win for hosts. They cover the trust factor for smaller operators, why bigger property managers may feel differently, and how to protect your business no matter which way you lean.
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What can a hotel operator learn from the founder of Four Seasons? Tony shares gold nuggets from Isadore Sharp's book, and he and Jordan break down how the lessons apply to scaling a hospitality business from the ground up.
Four Seasons: The Story of a Business Philosophy by Isadore Sharp
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Jordan wraps a 90-day coaching sprint with Coach Michael Burt and breaks down why he's already planning to sign up again. It's not really about the lessons, it's about staying in a room with people who are leveling up. Tony and Jordan talk through Burt's framework of picking one skill and developing it, Jordan getting called out for negative self-talk around managing people, and Rian's growth story as a blueprint for building leaders who eventually run their own thing. Plus, why $1,500 to join a coach's program is a no-brainer, even before you factor in what you actually learn.
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Tony and Jordan break down how they hired their newest team member and why persistence made all the difference. From an unsolicited video introduction to a follow-up two weeks later, then a 90-day plan sent before he even had the job, the new hire kept showing up until he got noticed.
Tony also shares a story from his Stryker interview days about creating his own differentiator when he lacked budgeting experience. The takeaway is simple. Most people give up too soon, and the ones who don't usually get what they want.
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Tony and Jordan break down the biggest miss on The Warren Hotel project, thinking they could run a 24 room boutique motel the same way they run single family short-term rentals, fully remote.
The episode wraps with a real conversation about what an on site manager's day would actually look like, from grounds upkeep to being the face of the brand for guests and housekeeping staff alike.
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