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Extra Pack of Peanuts Travel Podcast

EPOP Real Estate 003: Setting a Buy Box and Picking a Location

Extra Pack of Peanuts Travel Podcast

Travis Sherry

Society & Culture:places & Travel, Society & Culture, Places & Travel

4.6890 Ratings

🗓️ 8 May 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Location, Location, Location - the old adage of real estate is true.But that doesn't mean the right location is a one size fits all.  In fact, it's the opposite.  What's right for you might not be right for me - and vice versa. The best real estate investors define their own buy box and today we talk about how we have defined our buy box, why we are so keen on hitting "the path of progress" and tease out Jonas's new project in upstate NY - and how it was a home run deal for his buy box.     01:00 The Importance of Location in Real Estate 02:50 Understanding Market Dynamics and Indicators 06:07 Setting a Buy Box for Investments 08:48 Evaluating Path of Progress in Markets 11:46 Finding Hidden Gems in Real Estate 15:13 Urban vs. Rural Investment Strategies 17:48 Case Study: New York Property Investment 20:50 Developing Micro Resorts: Key Considerations 24:03 Zoning and Regulations in Real Estate 26:49 Recap and Key Takeaways

Transcript

Click on a timestamp to play from that location

0:00.0

The goal of this new podcast is exactly the same as the goal for the last 11 years, and that is to

0:05.5

take you on a journey as we go after new experiences and new challenges.

0:11.0

The biggest difference is the vehicle, and the vehicle we'll be discussing in this new

0:15.6

podcast is real estate, specifically hospitality, and more specifically, how we look to create the world's

0:22.8

most unique and boutique experiential hospitality by creating micro resorts around the world.

0:30.0

So if this sounds like something that you're interested in, we invite you to come on this

0:34.7

journey with us. You can obviously listen to this podcast. You can check it out

0:38.5

as we go along on social media. And there will also be opportunities to possibly be investors and

0:44.0

maybe even partners in these projects. So welcome to the extra pack of peanuts real estate podcast.

0:50.1

And we're excited to be on this journey with you. Location, location, location.

0:58.6

It's what it's all about.

0:59.6

It's like, I don't want to be cliche.

1:01.1

I really don't, but hey, location matters in real estate, of course.

1:08.4

And today, in this episode, what we want to talk about is the high-level things

1:14.7

that we're looking at for location. Because we've got a really fun episode coming for you.

1:18.4

That's going to be specific spots. And some of those might trip out. We're not like holding

1:24.3

these behind the curtain on purpose, but we want to really geek out on really specific areas.

1:29.8

So today we're not going to do that, but we're going to talk about why when we look at building experiential hospitality micro resorts, the way that we've talked about it with awesome amenities, with both privacy and communal elements, being able to be bought out for

1:46.4

full resort buyouts, you know, having a wellness structure to them, like a lot of our amenities

1:51.3

are couched in this idea of a wellness resort and getting to do that.

1:56.4

Some places are just going to work better location-wise than others, and we've started to narrow down a bit on how to figure out what those places are.

2:05.5

And I don't know.

...

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