Listen "How to Buy a Hotel Even If You're Not a Millionaire"
Episode Synopsis
In this engaging podcast episode hosted by Brian Davila, Diya Liu unfolds her transformative journey from a lawyer to the proud proprietor of a hotel and an accomplished Airbnb host. We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9Looking to grow in your faith and business? Join Wealthy Kingdom today https://wealthyway.co/dyyWant to partner with Ryan to supercharge your business? Apply at https://www.pinedapartners.com/You can invest in Ryan's real estate deals! Go to https://pinedacapital.com Follow Wealthy Investor on Social Media: https://www.instagram.com/_wealthyinvestor https://www.tiktok.com/@_wealthyinvestor --Connect with Diya! Instagram - https://www.instagram.com/diyaesq/Throughout the conversation, Diya imparts invaluable insights into the dynamic realms of hospitality and real estate, providing pragmatic guidance for budding entrepreneurs.Diya underscores the significance of a direct approach when contemplating the purchase of a hotel, particularly as many establishments are independently owned. She candidly shares her firsthand experience of acquiring a 13-unit hotel with a budget under $100k, underscoring the accessibility of such opportunities.Leveraging her expertise in crafting memorable designs and guest experiences, Diya details her seamless transition from the Airbnb market to hotel ownership. She introduces cutting-edge technological enhancements, such as iPad check-ins, to elevate the overall guest experience. Diya adopts a strategic approach to location selection, favoring areas within driving distance of popular tourist attractions, with a keen eye on markets exhibiting growth potential.Recognizing the pivotal role of specialization, Diya advocates for cultivating partnerships in business. While her partner oversees operations, she dedicates her focus to acquisitions and financing. Diya encourages listeners to introspectively identify their strengths and weaknesses, underscoring the inherent value of collaboration.Looking ahead to 2024, Diya plans to diversify her focus into content creation. She generously shares insights into common pitfalls within the Airbnb landscape, stressing the importance of quality mattresses, sheets, and bed frames. Her advice for aspiring entrepreneurs is to prioritize design and enlist the services of interior designers.With a resolute vision, Diya envisions an enduring commitment to her field. She inspires others to pursue their passions, create opportunities, and persevere in the face of challenges, finding beauty in the grind.---If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863Follow Brian on Instagram - https://www.instagram.com/thebriandavila/
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.