🔥On this episode of the Real Estate Hustlers Podcast, we will be talking with Sujay Mehta. A passionate entrepreneur with a diverse range of skills that have allowed to excel in various roles in the hospitality industry. After completing my education at Ohio State University, He entered the hotel industry and quickly made a name for himself as a developer and investor. He built ground up, acquired and managed hotels with great success. Along with his expertise in hotel operations. He possesses the ability to raise capital and has utilized his financial acumen to secure funding for his projects.

In addition to involvement in the hospitality industry, he has also extended his expertise to the startup world, serving as an advisor on the advisory board of a few promising ventures. His ability to identify emerging trends and opportunities, monetization strategy, and capital raising has made him a sought-after advisor, and his insights have been appreciated by these startups.

Overall, his passion for entrepreneurship and his ability to navigate different industries with ease has made him well-respected in the entrepreneurial community. His commitment to excellence and his drive to succeed have set him apart as a leader in his field.

What actionable value will our listeners get out of this episode?

Thinking like an entrepreneur

Why hotels?
How does it compare to other real estate classes?
Why does it make sense to syndicate hotel investments?
Identify emerging trends and opportunities, the path of progress ways to see to the future of an area.
What is your passion?
The secret sauce approach to fundraising for a project

Key Takeaways

“Business component really pushes cash flow, and you're still able to take advantage of, you know, all the tax benefits that you get with real estate, the depreciation, in fact, hotels, you know, the bonus depreciation for hotels is significantly higher than what you would get for multifamily. And yeah, cuz you have, what bonus depreciation does is it accelerates the depreciation of furniture, especially. So with hotels we have, we have so much furniture in the rooms, I mean, the beds, the windows, the blinds, the desks, all those things are depreciated and accelerated. So you're able to take advantage of the tax benefit. The real estate appreciates over time, if you're a good operator, and you're willing to, you know, put some time and effort and some sincerity into managing your asset, you can, you know, mitigate the costs and that, you know, dollar for dollar impacts your bottom line right there, right. So, there's that huge business component opportunity to the hotel industry.” Sujay Mehta.

"So hotel has a unique component to it. And it's funny that it's, people sleep on it, no pun intended, but, but it's really a Sleeper Class. And the beautiful thing about hotels is that operational heavy component, the reason why people are getting into Airbnb ease, and short term rentals, is because you rent out the rooms every single day, and it's a business, it's not, it's not just a passive, you know, real estate asset that you purchase, you park your money, and, you know, you get 6% or, you know, 8% a year, but you have this operating business component, where you're making money every single day. And so because of that the cash cash on cash return is excellent. " Sujay Mehta.

Connect with Sujay

LinkedIn:https://www.linkedin.com/in/sujay-mehta-b80411142

Instagram: @Sujmehta

Connect with Josh Appelman

Facebook: https://www.facebook.com/josh.appelman.108/

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/

Website: https://www.appelmanproperties.com/

What is hotel investing? Mindset as an operator and investor. Development vs acquisition with Sujay Mehta | Episode 18

Real Estate Hustlers with Josh Appelman