Talking head business strategy explainerfrom @isaacfrench_

Transcript

I think this is the single biggest opportunity that nobody's talking about in real estate and hospitality development, rewards based crowdfunding. Let me tell you about it. Smart builders across the country are turning project renderings into pre bookings before they even own the land in some cases and certainly before the properties themselves are built. My friend Seth and Tier had a dream to build a mountaintop resort, spent $500 on project renderings, announced it to their Instagram following and six weeks later bad a million dollars in their bank accounts. They had to land under contract, better wasn't even theirs yet and the resort wasn't even built. This is how they were able to pay for and build one of America's most valuable landscape hotels, Best Farm Treehouse. My friend, Christy Wolf, pre sold around a thousand nights and crowdfunded $450,000 for her most recent project, Moon Best Lookouts, a micro resort of fire lookouts in the mountains of North Idaho. My friends Tanner and Melissa Cummings raised over $800,000 in three months. Pre selling 80% of year one at their micro resort Worse Resorts. That was a year ago. That's how they got a loan. That's how they did the construction and just a week ago, they opened the doors to Cypress Resort. Travis Chambers pre booked almost a million dollars of stays at his wild Tier Wars themed landscape hotel in the desert of Utah. I wanna make sure you're understanding me correctly. They did not raise investments and give up a bunch of of equity. Using social media, they found an audience of people willing to help them build their dream resorts in exchange for discounted stays. And the moral of the story is that if you have a vision, no a burning conviction to create something that does not exist and the ability to communicate it, you become a magnet for guests, for capital, partners, everything that you need. If you want the playbook to crowdfund your own landscape hotel or a dream property, comment crowd below and I'll send over my free newsletter. Follow along for more tips and stories on creating one of a kind stays.