660: Deal Deep Dive: How Robuilt Doubled His Property Portfolio Overnight 01:07:59

    <p><a href="https://www.biggerpockets.com/blog/hotel-investing-2021"><strong>Hotel investments</strong></a>, big <strong>BRRRRs</strong>, and some <strong>mind-boggling cash flow</strong> are coming up on this <strong>Deal Deep Dive</strong> with our very own <strong>Rob Abasolo</strong>. For almost the entirety of Rob’s short-term rental investing career, he’s preached the good gospel about how small, mom-and-pop-owned vacation rentals are the way of the future. The secluded single-family rental, log cabin, or treehouse were some of Rob’s most impressive and profitable investments. But now, he’s<strong> taken a step in a whole different direction</strong>.</p><p>Rob <strong>doubled his rental property portfolio almost overnight</strong>, going from fifteen units to thirty-five by<strong> purchasing a twenty-unit hotel/motel mix</strong> in beautiful Upstate New York. Without much experience running anything on that scale, Rob and his partners went to work trying to figure out how to<strong> turn this mess of a motel into a profitable, high-value vacation destination</strong>. He faced some serious hurdles, from canceling on guests to fixing a literal hole in the middle of the property, but found a way to make it work.</p><p>Once the renovations are complete, Rob will walk away with an almost <strong>unbelievable amount of yearly </strong><a href="https://www.biggerpockets.com/blog/cash-flow"><strong>cash flow</strong></a>, a seven-figure increase in equity, and a scalable system that will let him do these types of deals more often than he thought. Want to<strong> hear the nitty gritty</strong> so you can tackle something as lucrative as this? Sit back, relax, press play, and prepare for your next big property purchase!</p><p><strong> In This Episode We Cover:</strong></p><p>Transitioning from single-family rentals to <strong>multifamily vacation rental investments </strong></p><p><strong>Hotel hurdles</strong> and what you should know before investing in a multi-unit short-term rental</p><p>Big <a href="https://www.biggerpockets.com/guides/brrrr-method"><strong>BRRRR</strong></a><strong>s </strong>and how to revive a rental property that has <strong>serious deferred maintenance </strong></p><p><a href="https://www.biggerpockets.com/blog/finding-contractor"><strong>How to find contractors</strong></a> when you’re in a low-population investing area</p><p><strong>The right way to transfer ownership</strong> after you’ve bought a not-so-straightforward property</p><p><a href="https://www.biggerpockets.com/blog/2013-11-05-seller-financing"><strong>Seller financing</strong></a> and getting deals with lower interest rates and far more flexible lending</p><p>And <strong>So </strong>Much More!</p><p>Links from the Show</p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Ticket for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's Youtube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://mobile.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-650?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Our Interview with Heather Blankenship on RV Park Investing</a></p><p><a href="https://www.biggerpockets.com/blog/hotel-investing-2021?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Are There Opportunities in Hotel Investing in 2022?</a></p><p><a href="https://www.biggerpockets.com/blog/finding-contractor?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Struggling to Find a Stellar Contractor? Try These 9 Pro Tips</a></p><p><a href="https://www.biggerpockets.com/blog/2013-11-05-seller-financing?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">The Definitive Guide to Using Seller Financing to Buy Real Estate</a></p><p><a href="https://youtu.be/zYu6DaWeP-8">Watch Rob’s Video on This Property</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-660</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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