Wealth-Building with Rod Khleif and How Mindset Fuels Success

Building Wealth with Hotel to Multi-family Conversion Projects

In this episode of the Doctors Building Wealth podcast, Leti and Kenji delve into an exciting and innovative investment strategy: converting hotels into multi-family housing. Over the past few years, they've explored this niche and discovered significant opportunities for forced appreciation, providing affordable housing, and capitalizing on the discounted prices of hotel properties. They'll discuss their journey, from almost investing in a student housing project in 2019 to becoming general partners in converting over 1,000 hotel doors into affordable housing units.   Listen to discover the dual benefits of forced appreciation from both asset conversion and property upgrades, making this a lucrative venture for real estate investors. Additionally, they discuss the importance of addressing the affordable housing shortage and how these conversions can create vibrant community spaces. This episode is pack