How do you even have that kind of cash lying around for a project??Sometimes, but I usually go btw/ 100k-275k per project depending on location and proforma.
Some investors in the group drop 2 mil per project.
What is nice is that it is staggered in a way that as one hotel opens the next one is being built while plans are being made for the one after that.
Goal for me is to have enough to support an income from all of my real estate investments that generate 300k in passive income.
Some in the group that have been at it for a while far exceed that number.