Secure Capital for Hotel | The Real Estate Entrepreneurs Podcast with Okenno, Laura & Robert

If you are thinking about investing in a hotel and don't know how to get started, here are the answers! In this episode we will have Okenno and his partners Laura and Robert who will tell us when they bought a hotel in Lincoln, Nebraska.

Laura has experience in commercial construction and has developed several hotels. Meanwhile, Robert has done hospitality for about 13 years and has experience as a director of sales, area director, and general manager of different hotels and brands.

Okenno met his partners through a mastermind group and has experience in rental properties, flipping, and wholesaling. The three looked for hotels in areas they were familiar with and found the one in Lincoln, which had been on the market for a few months as an on-market deal.

They did initial underwriting, made an offer in the form of a letter of intent, and negotiated the price before having their offer accepted. Once they opened escrow, they received and analyzed all necessary data, including financials, tax returns, maintenance records, contract information, and more!

Don't miss this episode full of ideas and strategies to take your success to the next level. #realestate #podcast #entrepreneur

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