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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.\\xa0
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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:\\xa0
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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