Not every Airbnb is a goldmine. Sometimes the best investment is the one you avoid. 🚫 #investing

Avoid Airbnb if you can. I'm not an Airbnb owner except for this 20-cabin resort here called the Robin Hood Village Resort. We also bought the house next door, which is rented by our resort, and we put it on Airbnb. Now, if you're trying to do the single-family thing, they're getting killed with regulation right now. Airbnb in general is just down a lot. People aren't vacationing this year. Economy is not in a good place for it. But if you buy a boutique hotel, you have an opportunity. You have a place that is not subject to all the same regulations. This has always been meant to be the resort that it is. This is almost 100 years old, Robin Hood Village Resort. There's events, weddings, corporate retreats, kayaking, all here available at the resort. Now, we bought this $0 out of pocket. Well, it was a $4.5 million purchase. Sellers financed that purchase for us. So if you're trying to find things like this, it's not about saving up, or this isn't just an investment for rich people. If you're trying to buy a business, make sure you don't buy a single-family house and a tiny little Airbnb. Buy the actual business. Boutique hotels are a massive opportunity right now. You guys should check them out.