SA383 | Navigating Your Own Hospitality Developments and Opportunities with Wayne Ung

Wayne Ung

Today, Wayne Ung shares the underappreciated success of extended-stay hotels and their resilience in the face of expanding huge brands and developers in the space. Listen in to learn how to receive a cash flowing return when you start investing in this asset class!

Key Takeaways To Listen For

  • How to get cash flowing returns when investing in hotels
  • Significant barriers to invest into the hotel industry
  • Hotel acquisition: Process, remodeling, and operation
  • Type of business structure for this asset class
  • The biggest risk of investing in an extended-stay hotel 
  • Market insights for extended-stay hotel 

Resources Mentioned In This Episode
Free Apartment Syndication Due Diligence Checklist for Passive Investor

About Wayne Ung

Wayne Ung brings 20 years of general real estate management experience with hotel specific management since 2013. He invests in and/or managed several hotels including properties in Columbus, Ohio, Tucson AZ and Albuquerque NM to name three. Wayne the trusted franchisee of “extend a suites” for raising numbers so quick on all 3 properties.

Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!

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Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!

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