{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Hotel We Almost Skipped \u2014 That Tripled Our Money","description":"In this week\u2019s episode of The Richer Geek Podcast, Mike and Nichole sit down for a quick but insightful chat about their first hotel investment, a deal they almost passed on. They share how a mismanaged Arizona property turned into a 3X return and what it taught them about timing, partnerships, and spotting value where others don\u2019t look. In this episode, we chat about\u2026 How Mike transitioned from multifamily to hotels Meeting Vic and forming a strong investment partnership Finding opportunity in a mismanaged Arizona hotel Why location and local \u201cdrivers\u201d matter more than luxury The strategy behind selling at the right time Key Takeaways: Don\u2019t ignore unglamorous deals, they often perform best Location + economic drivers = hotel success The right partner can make or break your investment Manage smart, not flashy, focus on fundamentals Timing your exit can multiply your returns Learn through partnerships before going solo   Resources from Mike and Nichole Gateway Private Equity Group |  Nic's guide ","author_name":"The Richer Geek","author_url":"http:\/\/therichergeek.com","html":"