The Hotel Investor Playbook
Welcome to The Hotel Investor Playbook, hosted by real estate investors and hospitality experts Michael Russell and Nathan St Cyr. As the founders of Malama Capital and Howzit Hostels, Michael and Nathan have a wealth of experience in owning and operating boutique hotels, hostels, and other experiential lodging properties. With over $30 million in real estate investments, including short-term rentals, long-term rentals, commercial retail, and hospitality properties, they bring a unique perspective on how to turn passion-driven investments into financial freedom.
In this podcast, they share their roadmap for transitioning from traditional real estate investments to boutique hotels, offering listeners the insights and strategies needed to succeed in this niche market. Whether you're looking to learn about identifying the right property, managing operations, or understanding the financial complexities of boutique hotel ownership, The Hotel Investor Playbook has you covered.
Join Michael and Nathan each week as they document their journey towards building a $400 million real estate-based business and bring you along for the ride. Subscribe now and start turning your real estate investment dreams into reality.
The Hotel Investor Playbook
How to purchase your first hotel while working a full-time job | Alex Kang E7
In this episode, we dive deep into the inspiring journey of Alex Kang, who purchased his first boutique hotel with no prior experience while maintaining a full-time W2 job.
Alex shares his step-by-step process, from leveraging his skills from his MBA and software tech job, to joining a mastermind group that accelerated his learning.
He emphasizes the importance of mentorship, partnership, and leveraging his W2 network to raise funds for his $9 million hotel project.
Kang provides practical advice on time management, setting clear goals, disciplined prospecting, and staying motivated through challenges.
Whether you're juggling a full-time job or looking to dive into hotel investments, this episode is packed with invaluable nuggets for aspiring hotel investors.
About Alex Kang:
Alex Kang’s journey is a testament to perseverance and adaptability. After immigrating to Vancouver, Canada, as a teenager, Alex pursued a business education in Montreal and earned his CPA while working for a Big 4 accounting firm. Seeking bigger opportunities, he moved to Los Angeles to earn his MBA, which opened doors to management consulting and eventually a career in the tech industry.
Alongside his professional journey, Alex developed a passion for real estate, starting with an ADU conversion at his primary residence and expanding to Airbnb properties in San Diego. Most recently, he co-acquired a boutique hotel and is actively involved in its rebrand and stabilization. Alex’s current pursuits span entrepreneurship, fitness franchising, small business acquisitions, and continued growth in the hospitality space.
Connect with Alex Kang:
instagram: @s.alex.kang
https://www.primeridgeinvestment.com/
Connect with Mike and Nate:
Instagram: @the_hotel_investor_playbook
Website: www.hotelinvestorplaybook.com
Contact Us: info@hotelinvestorplaybook.com
Interested in investing with Mike and Nate? Visit Malama-Capital.com for more information.