May 30 2024 25 mins 1
In this episode of First Responders Wealth Network Podcast, join Dave Knight and Blake Daily, a former Air Force member turned real estate investor, as they delve into the exciting world of boutique hotel investing.
Blake shares his journey from military service to real estate and provides detailed insight into his latest project—a captivating 130-unit boutique hotel nestled in the picturesque Smoky Mountains. From its strategic location to the financing challenges it presents, Blake illuminates the complexities of this project.
Together, they explore the advantages boutique hotels offer over residential properties, including unique valuation methods, regulatory benefits, and operational efficiencies. They contrast these advantages with the regulatory hurdles faced by residential property investors, such as restrictions on short-term rentals.
Uncover the potential for significant revenue growth and the crucial role of a proficient team in managing operations as the hotel portfolio expands — Tune in now to explore these exciting possibilities!
Bake Dailey Links:
Website: Boutique Hotel
LinkedIn: Blake Dailey
Facebook: Blake Dailey
Instagram: Blake Dailey (@blakejdailey)
Twitter: Blake Dailey (@blakejdailey)
Youtube: Blake Dailey
