Navigating Market Cycles & Investing in Hotels: The Power of Adaptability in Real Estate

Описание: Are you ready to discover the secrets of real estate investing from a pro?

With over 25 years of hands-on experience, Mark Gonneau has navigated through multiple market cycles, investing in everything from student rentals and single-family homes to multifamily properties, private lending, and even hotels

In this episode, Mark pulls back the curtain on his recent pivot into the hospitality industry, sharing his strategic approach to acquiring and renovating hotels during the pandemic.

You'll learn:
Why hotels offer unique advantages over traditional multifamily investments.
The criteria Mark uses to identify prime hotel properties ripe for value-added opportunities.
How he leveraged a triple-net lease structure to operate hotels more passively.
Insider tips for finding off-market hotel deals and building the right partnerships.
The benefits of structuring investments through a REIT for increased investor accessibility.

Dr. Mark Gonneau, an award-winning real estate investor, initiated his real estate ventures at the young age of 24, while still studying.

Having dealt with over $100M of real estate over the past 15 years, he clinched the Real Estate Investment Network's Top Player Award in 2008, 2009, 2011, 2014, and 2015, as well as the Player of the Year title in 2014.

Mark is committed to guiding professionals and business owners in making astute investment decisions and establishing generational wealth through real estate investments.

Watch the full episode here or go listen at https://sarahlarbi.com/podcast-home/

Contact Mark Gonneau here:
  / dr-mark-gonneau-281357102  
  / honeytreegrow  
https://markgonneau.recteam.ca/agents...
https://honeytreegrow.ca/

The key moments in this episode are:
00:00:29 Mark's Extensive Real Estate Investing Experience
00:03:23 Pivoting to Hotels: A Strategic Move
00:05:40 First Hotel Purchase Amidst COVID
00:08:01 Finding and Acquiring Hotels Off MLS
00:08:39 Key Elements of a Multifamily Value Add Strategy
00:10:20 Successes and Challenges in Property Investments
00:11:28 Balancing Multifamily and Hospitality Investments
00:12:41 Establishing and Operating a Real Estate Investment Trust (REIT)
00:17:10 Key Tips for Hotel Investments
00:19:52 The Importance of Partnerships in Real Estate
00:21:06 Current Projects and Challenges in 2024
00:22:30 Diverse Property Acquisition Strategies
00:23:27 Accessing Deal Sources in Real Estate
00:24:37 Real Estate Investment Advice

This episode has been brought to you in part by:
Dalia Barsoum, Streetwise Mortgages - https://streetwisemortgages.com
US Properties - https://www.usproperties.ca
Mid Term Rentals - https://midtermrentalproperties.com
Inspire Beach Resort - https://inspirebeachresort.com
Jamil Rahemtula - https://jamilrahemtula.com

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email [email protected]

Check out Sarah's online coaching programs https://sarahlarbi.com/online-programs/