Double Question: Raising Capital and Boutique Hotels...

[Aaron Bard]

Hey everyone,

It's been a few months since I posted on BP. I've been too busy rehabbing my 3 unit apartment building to really focus on anything else.

But nonetheless, I have been keeping up with my less-than-professional deal pipeline.

My first question regarding this involves raising capital to invest in deals. I'm not a fan of the idea of borrowing money from family members, and have never been keen on the idea of borrowing anything from anybody. I would rather do it myself. But what are some slower, beginner ways that I could start raising capital to buy more real estate?

My second question: At what level of investing are boutique hotels a good idea? I have a lot of interest in the boutique hotel space and have found an on-market property near me with huge potential and lower entry cost than any other deal in the area. This then wraps back into the raising capital dilemma, as that is the major component that I'm missing.

I know this was a post full of jarbled thoughts and questions but if anyone has even a shred of insight or advice, that would be much appreciated!

Thanks!

-Aaron Bard

[Chris Seveney]

@Aaron Bard

Raising money today is extremely challenging. It would be best to get it from friends and family

Those with little experience are struggling to raise money (I am in a group with 20+ syndicators and everyone is raising less and those who are first timers are basically drying up after first $500k-$1M)

As mentioned syndication route would be your best bet but make sure to have a great plan in place on what you are going to do and how you will exit