Nov 19, 2021
Mike Stohler is a former commercial airline pilot, Navy veteran and co-founder at Gateway Private Equity Group, a real estate investment firm whose portfolio has included hotels, multifamily, and residential properties. Between apartment complexes, houses, and hotels, Mike has owned or operated over 1300 units. Seeking value-add opportunities and higher returns, Mike pivoted from multi-family to hotels and now focuses exclusively in this niche.
When Mike first started in real estate investing in 1999, he lacked experience and failed. Through committed action to learn, grow their skills, and help others, he has created immense change in his business and life.
Let’s dive in to learn more about hotel investing.
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[00:01 – 04:59] Opening Segment
[05:10 – 08:25] Why He Went from Multifamily to Hotels
[08:25 – 30:07] Hotels vs. Apartments for Investing
[30:07 – 36:48] Bullseye Round
Not having a mentor when starting out.
Most Recommended Book:
Having a default calendar.
The next thing.
I Wish I Knew When I Was Starting:
That I don’t have only one option.
Best Place to Grab a Bite in Scottsdale, Arizona
The Ocean Club
“I have a hundred room hotel and I get to change my rent everyday.” - Michael Stohler
“Once you start getting in talking to investors, if you are not confident - they will see right through you.” - Michael Stohler
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