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Podcast: Real Estate Investing for Cash Flow with Kevin Bupp
Episode: #812 The Hotel Death Spiral: David Peters' Secrets on Hotel to Residential Conversion
Description: David Peters is the principle and co-founder of Magnetic Invest, an investment firm that currently specializes in hotel to residential conversions throughout the US. Prior to the hotel to residential focus, David spent more than a decade running anumber of multifamily syndicates and prior to that was the owner and general contractor at LCS residential. Connect with David: https://www.linkedin.com/in/david-peters-8334554 , [email protected] Quote:Â "If you don't have annual leases on 90% of your units, you can't get that 'fanny freddy' financing." Highlights:Â 8:00 - Hotel's Death Spiral ...