Building Wealth with Hotel to Multi-family Conversion Projects

In this episode of the Doctors Building Wealth podcast, Leti and Kenji delve into an exciting and innovative investment strategy: converting hotels into multi-family housing. Over the past few years, they've explored this niche and discovered significant opportunities for forced appreciation, providing affordable housing, and capitalizing on the discounted prices of hotel properties. They'll discuss their journey, from almost investing in a student housing project in 2019 to becoming general partners in converting over 1,000 hotel doors into affordable housing units.   Listen to discover the dual benefits of forced appreciation from both asset conversion and property upgrades, making this a lucrative venture for real estate investors. Additionally, they discuss the importance of addressing the affordable housing shortage and how these conversions can create vibrant community spaces. This episode is packed with insights on navigating the challenges of these projects, building the right team, and seizing opportunities in a changing market. Tune in to learn how you can apply these strategies to your own real estate portfolio and make a meaningful impact.   __________________________________________________________ Looking to learn more? Check out some of our most popular content: Join the waitlist for our flagship course, Zero to Freedom Take our quiz and see if real estate is right for you Learn from more great content on our blog Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group! Semi-Retired M.D. and its owners’, presenters’, aREADY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.RESOURCES + LINKSWork w/ SRMD: HEREJoin our FREE Facebook Groups: HEREJoin our Newsletter: HEREFOLLOW + CONNECTConnect with SRMD: Website | Instagram | FacebookLiked this episode? Share it on social and tag me @semiretiredmdLove the show? Leave a 5-star review and let me know!