What I Learned Trying to run a Boutique Hotel Like an Airbnb

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What I Learned Trying to run a Boutique Hotel Like an Airbnb | 5 Important Differences

Рет қаралды 6,689

Mike Sjogren

Күн бұрын

Пікірлер: 21

@Mybeforenafters 8 ай бұрын

Thanks for this! Wow, especially about the laundry situation

@rodart1945 5 ай бұрын

Enjoyed this!

@godfreymani9016 2 ай бұрын

Hey Mike, thank you for this video. Regarding the Value of the commercial property, I see you calculating it as Value multiplied by Cap rate. However, from other sources, I have seen it being calculated as NOI divided the cap rate. However do you reconcile the two approaches?

@patriciakilty Жыл бұрын

Great info! If you’re ever in England, let me know!

@Boostly 2 жыл бұрын

#1 is fire 🔥

@prathimadeshpande Жыл бұрын

❤ very valuable

@meghmickhazarmaliyan5781 26 күн бұрын

❤

@user-xg9ti6ei2b 11 ай бұрын

we are going to stat this in Texas ,

@andreasfaass6186 4 ай бұрын

May I ask, what linens do you use? Is drying just enough (with getting wrinkles out) or do you need to dry press them?

@mikesjogren 4 ай бұрын

We use standard textile or Boston textile, and just dry them.

@amandasycks4192 3 ай бұрын

All very helpful. From a boutique hotel owners perspective, is there a place for executive assistant support in these smaller hotels? Are you utilizing VA services?

@mikesjogren 3 ай бұрын

Yes most of the op is run remotely by VAs

@alanpickering6291 Жыл бұрын

Thanks for the show. I recently opened a 12-unit boutique hotel and am struggling with laundry machines. Would you share the commercial model you purchased? Thanks

@mikesjogren Жыл бұрын

We didn't buy new commercial ones. The ones at Beverly I believe are whirlpool.

@stevedavis9466 Жыл бұрын

I have a friend that is doing this in Miss on a major highway in a tourist area. He also has RV spaces on the property behind the motel. He wants to do Airbnb and long term rentals for the motel rooms he has renovated into small apartments with a kitchen area. Would love to talk to about what you are doing .

@mikesjogren 7 ай бұрын

Send me a message on IG or FB account. instagram.com/the_airbnbguy/ facebook.com/mike.sjogren.7/

@Boostly 2 жыл бұрын

🔥🔥🔥🔥

@FlipwithThomas Жыл бұрын

How does the refi work with STR income compared to LTR income?

@mikesjogren Жыл бұрын

Can you please elaborate?

@PaulMacalusoLV 7 ай бұрын

Hey brother just came across your info in last few days. I'm pivoting from Multifamily to hotel. Looking to take down a 42 room motel here in Vegas and want to create a boutique self serve property with this acquisition. Would you be open to me flying you to Vegas and putting you up for a day to have you give me some insights. Let me know and we can discuss further

@helprehouseourvets6919 Жыл бұрын

Thank you for this very in-depth explanation tutorial! You just showed me that this isn't what I want. What I want is to earn passive income by *investing in* those *doing* the (mental & physical) *grunt* work!🤣😂✔️💯🦾