The Writing
A real-time record of how I think about hospitality real estate. New writing roughly twice a month — no fluff, no daily posts.
Most of what's being said about short-term rentals right now is wrong. The market has bifurcated. Here's what actually killed the bottom 80% — and what the winners are doing differently.
The acquisition criteria I actually use — not the spreadsheet, but the qualitative tests that filter winners from money pits.
The case for owner-operator excellence over scale-driven property management — and why this is the moat hospitality real estate is missing.