He’s Buying a 130 Unit Hotel & Why Lack of Time is Not an Excuse | Blake Dailey E63

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 6 July 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s episode, Rich sits down with special guest Blake Dailey. Blake is a boutique hotel and STR investor as well as an active duty Air Force officer. He started investing in short-term rental houses with ADUs and scaled quickly into commercial real estate. After surpassing his W2 income with his cash flow, Blake pivoted to commercial multifamily and syndicated his first large apartment deal. Combining his experience with raising money, doing commercial deals, and BRRRRing STR properties...

Transcript

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0:00.0	Yeah, I just think you can't compromise on who you know that you need to be.
0:05.6	You know what I mean?
0:06.2	If you're not living in alignment with your own goals and passions,
0:11.4	there's always going to be something in you that doesn't feel right.
0:14.7	You know you can blame on these external circumstances but you have to make that decision.
0:18.3	You have to be a little bit retrospective in the feeling of that and say that's not really getting me to where I want to go.
0:26.4	Welcome to the Rich Drummers report where we talk real estate, business and wealth building all while keeping it real.
0:31.9	No fluff, no BS. I hope that you enjoy
0:34.4	the show.
0:37.0	All right guys, welcome to another episode of the reports.
0:43.6	Today we are here in the studio here in downtown San Diego,
0:47.3	and I'm excited because we got 4th of July weekend
0:50.3	coming up and we got some sunshine here in San Diego. and I got a very special guest who just flew in from Utah
0:55.8	He is a short-term rental investor and a boutique hotel investor. He's doing all this while active duty. I got my man. Blake daily
1:04.8	Welcome to the show. Thanks for having me man. Glad to be here first time in little
1:08.3	Italy. I just figured out where little Italy is so it's a good time.
1:11.6	Dude. I appreciate you coming out man.
1:13.7	We met for the first time out in Nashville for the STR secrets or wealth conference put on by our
1:20.6	guy Mike Shogun.
1:21.9	Before that I was following you on Instagram
1:23.6	and we had a good time connecting
1:25.8	and do we have so much in common?
	...

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