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
Leveling Up: How To Turn STR Success into Boutique Hotel Ownership | Kim Herrlein E11
Are you ready to take your short-term rental success to the next level? In this episode of The Hotel Investor Playbook, we sit down with Kim Herrlein, an accomplished STR investor who transformed her success into hotel ownership.
Kim’s story isn’t about leaving short-term rentals behind—it’s about using her knowledge to scale into an exciting new chapter. She reveals how she sold a high-performing vacation rental to buy a boutique hotel for under $1 million, the challenges of renovations, and how she built a remote team to manage it all.
Here’s what you’ll take away:
•Insights into why short-term rental success can pave the way for hotel ownership.
•Practical tips for finding and purchasing boutique hotels.
•Lessons learned from operating a hotel remotely and turning it into a thriving business.
Whether you’re considering your next big move or just curious about the world of hotel investing, Kim’s story is both inspiring and actionable.
Connect with Kim Herrlein:
Instagram: @purveyorsofleisure
Website: www.purveyorsofleisure.com
LinkedIn: Kim Herrlein, M.A.
Amazon: Kim Herrlein
Linktree: purveyorsofleisure
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.