Why Investing in Hostels Could be the Next Big Thing | Michael Russell E226

On this Thursday episode, Rich sits down with Michael Russell, an owner/operator of Howzit Hostels, a growing brand of hostels based in the Hawaiian Islands.

Michael shares his story on how he went from purchasing short term rentals in Hawaii to scaling up to investing in hostels. 

Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth. Michael emphasizes that while risks are real, not seizing opportunities can lead to greater regret. 

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