JF2875: Benefits of Pivoting to Boutique Hotels ft. Ramsey Blankenship

Ramsey Blankenship is a full-time Master Chief Petty Officer in the U.S. Navy Special Operations who began investing in real estate in 2015 with a house hack in Panama City, FL. From there, he expanded into multifamily units, then began doing joint ventures with partners in different states along the Southeast. Today, Ramsey is a capital raiser and sponsor at Real Focus Capital Investments. He is also GP of 20 apartments, 10 short-term rentals, and a boutique hotel. In this episode, Ramsey shares how he got into the boutique hotel space, why he decided to pivot from multifamily to RV parks and boutique hotels, and how he raises capital for these properties. Ramsey Blankenship | Real Estate Background Capital raiser and sponsor at Real Focus Capital Investments, which syndicates large, value-add B- and C-class apartment complexes. Recently, they have pivoted into the hotel/motel/RV park space. Portfolio: GP of 150+ units LP of 32 units Works full time as Master Chief Petty Officer in the U.S. Navy Special Operations. Based in: San Diego, CA Say hi to him at: realfocus.org Facebook Investing FB Group Podcasting FB Group Greatest lesson: Don’t invest in a market without understanding the market metrics. I purchased nine units in Shreveport, LA, arguably the worst market in the U.S. to invest in. I learned you can not simply "cut and paste" what works in one market into another. I now conduct what I call the "Market Vital Signs" before investing in anything. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: Trevor McGregor Coaching |  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices