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Michael Stohler is the Co-Founder of Gateway Private Equity Group, a hotel real estate investment firm based in Phoenix, Arizona. Before investing in hotels, Michael was a multifamily investor for about 20 years. With his experience, Michael started his podcast The Richer Geek to help educate people on what they can achieve by investing in real estate.

[00:01 – 08:44] Opening Segment

• I introduce and welcome our guest, Michael Stohler
• Michael shares what urged him to shift from multifamily into hotels
  • He talks a bit about his background

[08:45 – 17:49] The Hotel Industry A Year After COVID

• Michael compares the 2008 recession from the hit the economy took due to the COVID pandemic
• Michael talks about how their hotel businesses are currently doing

[17:50 – 24:37] Hotel Investments

• Michael shares their process of acquiring new hotels
  • The value adds they do to improve the hotel
• Michael talks about the CMBS Loans

[24:38 – 33:18] THE FINAL FOUR

• What’s the worst job that you ever had?
  • An ice cream scooper in winter
• What’s a book you’ve read that has given you a paradigm shift?
  • Money Secrets of the Rich: Learn the 7 Secrets to Financial Freedom by John Burley
  • Rich Dad Poor Dad by Robert Kiyosaki
• What is a skill or talent that you’d like to learn?
  • To be able to stick to something that is fun.
• What does success mean to you?
  • Build a life that you don’t need a vacation from
• Get in touch with Michael. See the links below.
• Final thoughts

Tweetable Quotes:

“You have to have either a partner or a mentor. Go to them. There’s some great coaches out there. Learn from their lessons, learn from their mistakes so that you don’t lose.” – Michael Stohler

“Build a life that you don’t need to take a vacation from.” – Michael Stohler

Get in touch with Michael through LinkedIn or their website at https://www.gatewaype.com/ 

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