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Updated 9 months ago,
Double Question: Raising Capital and Boutique Hotels...
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