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

<p><span style="font-weight: 400;">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.</span></p> <p><span style="font-weight: 400;">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.</span></p> <p><strong>Ramsey Blankenship | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">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.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">GP of:</span></li> <ul> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">20 apartments</span></li> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">10 short-term rentals</span></li> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">One boutique hotel</span></li> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">Real Focus has 145 units ($6M in AUM)</span></li> </ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">LP of:</span></li> <ul> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">119 units</span></li> </ul> </ul> <li style="font-weight: 400;" aria-level="1"><span