JF3040: Converting Hospitality into Long-Term Rentals ft. Andrea Foley

Andrea Foley is the CEO/CFO of Generational Wealth Capital, which specializes in reimagining hospitality for long-term wealth. In this episode, she discusses how she is building wealth by purchasing mom-and-pop hotels in smaller towns and converting them into multifamily apartment buildings. 

 

Andrea Foley | Real Estate Background

• CEO/CFO of Generational Wealth Capital, which specializes in reimagining hospitality for long-term wealth. She is currently on her second hotel-to-multifamily conversion and also owns and plans to grow short-term rentals.

• Portfolio:

  • GP of two properties with a total of 175 units

  • Reinvesting all LP funds into her own projects at the moment

• Based in: Omaha, NE

• Say hi to her at: 

• Generational Wealth Capital

• Instagram

• LinkedIn

• Linktree

• TikTok

• Best Ever Book: Never Split the Difference by Chris Voss

• Greatest Lesson: You must be flexible, resilient, and extremely creative to have low risk and high success. After almost going bankrupt in my retail business, I was able to pivot, triple my revenue, and sell my business.

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