5 • 683 Ratings
🗓️ 4 September 2025
⏱️ 32 minutes
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| 0:00.0 | Dude, I just saw you that you landed. I've got Spurs tickets tonight. You want to come sit courtside with me? I remember that you said that. I was like, oh, crap. Yeah, I absolutely do. There's so many opportunities that can be presented. If you guys just like share your story, share what you're doing and people come out of the woodwork. The Billy Motel acquisition is a master class in its own of deal finding and making process. The purchase price was $8554,000 purchase price for the motel and the restaurant. |
| 0:24.0 | Well, it's not for sale, but you heard the Billy Motel is from the time I called the local bank to the time I got a commitment letter was two weeks. |
| 0:30.8 | They were very supportive and were willing to provide the 20% down payment assistance. |
| 0:34.8 | And that, ladies and gentlemen, is how you get a $0 down. |
| 0:38.1 | We're looking at roughly a $3 million expansion project. |
| 0:41.4 | I think we should be anywhere from $5 to $6 million in value upon stabilization. |
| 0:45.5 | And that's how you do it. |
| 0:46.5 | All right, all right. |
| 0:47.5 | Welcome back to another episode of the Action Academy podcast. |
| 0:50.7 | Today, ladies and gentlemen, we are doing a new segment where we are going into a specific |
| 0:55.9 | deep dive of a deal not a deal deep dive like we've heard about before from brandon turner but a deep |
| 1:02.5 | dive of a deal with one of our action academy members mr ean here so this is the first episode of |
| 1:09.1 | an acquisition academy episode of the podcast So we're going to do a |
| 1:14.3 | new little segment where we go super deep into why the deal was done, how the deal was done, |
| 1:18.6 | and how you guys can be able to implement this in your lives and your businesses. So let's start |
| 1:23.1 | first of foremost. Ian, who are you and what deal did we get done? |
| 1:28.2 | Absolutely, Brian. |
| 1:29.3 | Super glad to be here, man. |
| 1:30.6 | Thank you for having me. |
| 1:31.9 | So the deal that I got done is a motel in a town called Davis, West Virginia. |
| 1:36.9 | And the motel is the Billy Motel. |
| 1:39.5 | Super cool. |
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