Investing In The U.s. - An Aussie's Guide To U.s. Real Estate

Turning Distressed Hotels into PROFITABLE Multifamily Units w/ Elan Gordon

Informações:

Sinopsis

How can real estate investors profit from distressed hotels while addressing the affordable housing crisis?In this episode, Elan Gordon, an expert in commercial real estate with over $2.8 billion in transactions, breaks down his unique approach to turning underperforming hotels into much-needed multifamily housing units.With a track record of 750 million in value-added multifamily deals and hotel conversions, Elan shares his proven strategies for navigating today’s complex real estate market.He explains the hotel-to-multifamily conversion process, outlining the challenges and opportunities involved, from construction and zoning to market selection. Elan also shares his thoughts on market trends, oversupply issues in cities like Austin, and why affordable micro-units are key to meeting housing demands.Tune in to discover the future of real estate and how smart investors can capitalize on distressed assets and make the most of today’s market opportunities!Key Takeaways: 00:00 Intro02:21 How Elan made his first