The Next Best Asset Class No One Is Talking About

In this episode, Jesse Durham speaks with Nathan St. Cyr from Malama Capital about their journey in commercial real estate, focusing on hostels and hospitality. They discuss the transition from residential to commercial real estate, the power of partnerships, and the unique opportunities within the hostel market. Nathan shares insights on overcoming challenges, the importance of community in hospitality, and the future of their business as they expand into boutique hotels. The conversation emphasizes the potential for generational wealth through strategic investments in the hospitality sector. In this conversation, the speakers delve into the intricacies of the hospitality industry, particularly focusing on short-term rentals and hostels. They discuss the competitive landscape of rental markets, the operational dynamics of hostels, and the financial strategies that can lead to success in this sector. The conversation emphasizes the importance of taking action, leveraging existing skills, and understanding financing options, including seller financing. Additionally, they explore the potential for financial freedom through strategic investments in hospitality and the significance of building a strong team to enhance operational efficiency.

Hope you enjoy & God Bless!

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