E24: SPECIAL EPISODE - Behind the Scenes at Accountable Equity

In this episode, Scott Bindas, operating partner at Accountable Equity, joins us as we discuss our new offering for Phase 2 of the Renault Winery Resort. The Renault Winery Resort was acquired almost three years ago, and it was expected to grow over five to 10 years. We were ready to stretch that to 15 years due to the pandemic, but surprisingly, we have already well exceeded our 10-year goal of revenue. Recognizing the demand for rooms, we have decided to launch the Phase 2 development process to increase our room quantity, potentially increasing profitability. Now, if you're not interested in being an investor but want to learn how deals are put together, you're still welcome to listen to this episode and learn the basics as well as come to the webinars and other training we have put together. Here’s what we talked about: Attracting investors through quality operations Why investors are joining our community Why we’re doing Phase 2 of Renault Winery Resort Learning new investing terminologies The minimum investment for equity and returns Understanding the conversion option Participating in the upside The number of revenue streams from hospitality investing Episode Highlights: Things to Look into with Hospitality Investing Culture - As an investor, you need to look at the culture and the community that has been built. At Renault, we're genuinely touching thousands of guests, especially on weekends. And so, it’s important to be able to come and see the culture and how they treat their guests. Offerings - Don't worry about learning the terminologies because you don't have to know everything at once. You will learn it over time. The beauty of investing in a resort is you can have 10-20 plus revenue streams, and even more, as new ones are being created. The Minimum Investment for Equity and Terms of Returns Investment for equity at Renault starts at $25,000 a fund. Then you can buy at a minimum of $25,000 increments. One of the options available for returns is preference payment. For instance, if you put $100,000 in, and we're selling at 10% preference, you're going to be earning an equivalent of $10,000 a year, which is a much better way than almost everything else going on in the world today. You can buy in and make a lot of money for six years, and redeem it. Or you also have the option to convert it and potentially become a perpetual owner with us into the future. Links: Accountable Equity Renault Winery Resort

You can listen to E24: SPECIAL EPISODE - Behind the Scenes at Accountable Equity online on Radio and Podcast. Open the player on this page to stream the available audio.

E24: SPECIAL EPISODE - Behind the Scenes at Accountable Equity is an episode from Wealth Building With Friends by Bob & Usha with Melanie & Josh McCallen.

This episode is 00:28:02 long.

This episode was published on Nov 9, 2021.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Wealth Building With Friends when more episodes are available from the podcast feed.