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The Rich Somers Report

What it Takes to Truly Win as an up and coming Real Estate Investor | Gideon Spencer E285

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 24 December 2024

⏱️ 59 minutes

🧾️ Download transcript

Summary

Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.Are you ready to discover what it really takes to succeed as a real estate investor? In this episode, Rich Somers sits down with Gideon Spencer, an up-and-coming investor who transitioned from short-term rentals to owning a 24-room boutique hotel in California wine country. Gideon shares how stepping into rooms where his dreams were others' r...

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, real quick before we get started, if you are investing in real estate right now,

0:03.7

maybe you're in the Airbnb space and you're looking to get in the boutique hotel game.

0:07.3

We have an awesome community with 75 members, 41 hotels owned collectively amongst the group,

0:13.8

six hotels currently under contract and being bought, partnership opportunities,

0:18.6

forward-thinking, like-minded individuals, folks that are moving the needle.

0:22.2

We don't accept everyone.

0:23.5

Most folks, we actually decline that apply.

0:25.6

If you are serious about getting the boutique hotel game, we're going to be opening up a couple spots between now and the end of 2024.

0:31.5

You can go to hotelinvesting.com to book a free call with my team.

0:36.4

Again, that's hotel investing.com to book a free call with my team. Again, that's hotel investing.com to book a free call with

0:39.8

my team. Now let's jump into the show. You find time for the things that you're interested in. If you're

0:44.9

watching Netflix, if you're scrolling on Instagram, if you're doing any of those nonproductive items,

0:49.8

those should be on the chopping block to cut out entirely. And if it doesn't serve that version of you that can actually get you where you need to go,

0:57.2

then you need to starve that item and cut it out of your life and go extreme.

1:00.6

Otherwise, you're going to get to the end of your life wondering what could have been, but it'll be too late.

1:05.0

Welcome to the Rich Stummer's Report where we talk real estate, business, and wealth building,

1:09.2

all while keeping it real.

1:10.5

No fluff, no BS.

1:12.1

I hope that you enjoy the show.

1:18.4

All right, guys, welcome to another episode of The Report.

1:21.7

Today, I got a special guest.

1:23.7

I got someone who is making waves and making moves in the boutique hotel space.

...

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