January 10, 2025 • 8 mins
Dr. Vanessa Tyler discusses the affordable living crisis in America and how some people have opted to live in extended stay hotels to help mitigate their circumstances. Ramel Lee, founder and managing partner of RD Lee Capital Partners LLC has found a way for investors big and small to fund these hotels using a Black-owned crowdfunding platform, while making sure there are extended stay properties that remain affordable during America's housing crisis.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Checking in. For many families, yes, not for the night
or two, instead for the month or two or three.
In other words, the hotel is their home more and more,
like Jasmine Burse, who told Atlanta News First, she and
her four kids live motel to motel room that has.
Speaker 2 (00:18):
One bed, So I have to decide if my kids
ain't got to sleep in a bed, or if I
don't want to sleep.
Speaker 1 (00:23):
In the bed, choosing between the bed, the floor or
the streets. In Blackland and now, as a brown person,
you just feel so invisible where we're from. Brothers and sisters.
I welcome you to this joyful day, and we celebrate freedom.
Speaker 3 (00:40):
Where we are.
Speaker 4 (00:43):
I know someone heard something and where we're going.
Speaker 1 (00:46):
We the people means all the people. The Black Information
Network presents Blackland with your host Vanessa Tyler. The affordable
living crisis in America is trapping more people than ever.
Hotels and motels are where they lie their heads, but
it could be where they make their money. So here's
the twist. Ramel Lee of Our Daily Investments says the
(01:10):
crisis could be an opportunity for those typically shut out
of financial gain. Remel welcome, good afternoon. First, talk about
what you anticipate ahead for us economically.
Speaker 2 (01:23):
Economically, I see that there's going to be a lot
of opportunity. As we've seen the last time this administration
was in charge, there was a lot of deregulation, and
so it's those type of opportunities that we should look
into of highly regulated environments that will probably accelerate at
(01:43):
a at a very fast speed growth wise over the
next few years.
Speaker 1 (01:50):
You specialize in hotel funds, specifically extended stay talk about
that well.
Speaker 2 (01:58):
We launched our hotel fund one for the purposes of
investing in limited service and extended state hotels. The extended
stay hotel space is a growing market, very underserved. It's
the portion of the hotel market for people who need
to stay in the temporary residence for longer than five days,
(02:22):
not necessarily on vacation. Where we see a lot of
growth potential in that space is that seven billion dollars
worth of extended state business went to regular hotels. That
means they if all the major brands built extended stay
hotels at a rapid pace, they wouldn't be able to
(02:44):
reach the demand in ten twelve years. So we see
a lot of upside and growth in specifically in extended
stay hotel space.
Speaker 1 (02:53):
Let's talk a little bit about the haves and the
have nots. What is the deal with extended stay hotels.
They have become like the living alternative for so many people,
black and white.
Speaker 2 (03:06):
Yes, so, as we know, there's a bit of an
affordability crisis in the country, especially with renters. In New York,
they recently passed the lower and you can't charge a
broker fee anymore for a rented apartment. But a lot
of places coming up with first month, last month's security,
(03:27):
having great credit, all of the things that landlords are
looking for. The rent apartment has become very difficult for
the average American and many are opting to live in
extended state hotels. With the extended state hotel, there's no
credit check, there's no first month, last month security. You
(03:49):
just have to have the ability to pay. And people
are working. Wages are up across the country and people
are working. However, they're not earning enough above the cost
of living to save enough money to be able to
rent their own apartment or home.
Speaker 1 (04:06):
What Ramel Lee proposes is investing in these extended stay hotels,
which will be more in demand than ever and says
the RDL Hotel fund will be an opportunity for the
non accredited investor. In other words, those without the large
assets typically required.
Speaker 2 (04:25):
The difference between accredited and non accredited investors, and up
until twenty twelve and not enacted until twenty sixteen, you
could not invest in these alternative assets unless you were
an accredited investor. So the adage it takes money to
make money was actually codified in our laws that you
(04:49):
had to have money to even have the opportunity to
make money.
Speaker 4 (04:53):
Then the.
Speaker 2 (04:55):
SEC created an exemption called Regulation CFCF standing for crowdfunding,
that allowed for non accredited investors the opportunity to invest
in alternative assets. So that it's been highly regulated because
there is a concern with non accredited investors not being
(05:18):
savvy investors, which I think is just not a true fact.
They can be savvy investors, just haven't had the opportunity
to make enough income to become an accredited investor. So
we purposefully set out to use Regulation CF to give
(05:39):
non accredited investors an opportunity to invest in something that
has the growth potential of hotels. So the actual fund,
as part of some of the compliance, has to be
hosted on a crowdfunding of Fenerra approved crowdfunding platform. The
(06:00):
platform that's hosting our fund is Investor v E S
T E r R. It's a black owned crowdfunding platform,
I believe the only black owned crowdfunding platform at this
time dedicated to commercial real estate. And so you would
go onto that website, find rd a hotel fund one,
(06:20):
and you'd have the opportunity to review our pitch here
our pitch rebinar, and if you're interested, you can invest
right through the platform.
Speaker 1 (06:31):
Ramel Lee of our d Lee Investment says, since the
election for most was about the economy, this is a
way for the small investor to get skin in the
game while at the same time making sure there are
extended state properties people can turn to during this housing crisis.
Speaker 2 (06:47):
It was extremely portant to us to give our people
an opportunity to invest in these alternative assets as a
way to close the wealth gap that we see.
Speaker 1 (06:58):
This is a tale of two worlds, and while this
may be a way to make money, there are others
just trying to make it day by day. YouTube video
creator Big Super documents America's homeless people like Kayla, her husband,
and their three small children. He found them in what
was supposed to be a cheap motel in Arizona. For
(07:19):
them the two hundred and fifty dollars a week to
live there turned out not to be so cheap and
frankly barely livable.
Speaker 3 (07:28):
And the only way we stay here is we had
a reservation and we showed up here. I was like
ten that day and they said, oh, we'll have a
room ready at four. So the kids and I and
we were waiting out in the heat. We're not used
to this Arizona heat.
Speaker 1 (07:45):
But it beats the streets and all they could afford.
Speaker 4 (07:49):
We were paying fourteen hundred for a tiny one bedroom.
It was probably about the size of this fourteen hundred.
Speaker 2 (07:55):
But now you're paying seven hundred a week. I know
that's twenty eight hund Yeah.
Speaker 4 (08:02):
I'm currently looking for work so we can get out
of this predicament.
Speaker 1 (08:08):
Before we go. Jasmine, who you met at the top,
single mother living with her four children in a motel,
did get a place through Frontline, a program in Atlanta
specifically helping those living in hotels, so she can ditch
the hot plate and crockpod. They have a kitchen now,
their home is stable, not one charged by the night.
Speaker 4 (08:29):
So this is the chroom.
Speaker 1 (08:31):
Kids have a room and their own beds again. To
find out more about the hotel investment opportunity, go to
r d leecp dot com. Of course, no investment is guaranteed.
I'm Vanessa Tyler. Join me next time with stories about
black life in Blackland. A new episode of Blackland is
(08:54):
available every week.
Checking in. For many families, yes, not for the night
or two, instead for the month or two or three.
In other words, the hotel is their home more and more,
like Jasmine Burse, who told Atlanta News First, she and
her four kids live motel to motel room that has.
Speaker 2 (00:18):
One bed, So I have to decide if my kids
ain't got to sleep in a bed, or if I
don't want to sleep.
Speaker 1 (00:23):
In the bed, choosing between the bed, the floor or
the streets. In Blackland and now, as a brown person,
you just feel so invisible where we're from. Brothers and sisters.
I welcome you to this joyful day, and we celebrate freedom.
Speaker 3 (00:40):
Where we are.
Speaker 4 (00:43):
I know someone heard something and where we're going.
Speaker 1 (00:46):
We the people means all the people. The Black Information
Network presents Blackland with your host Vanessa Tyler. The affordable
living crisis in America is trapping more people than ever.
Hotels and motels are where they lie their heads, but
it could be where they make their money. So here's
the twist. Ramel Lee of Our Daily Investments says the
(01:10):
crisis could be an opportunity for those typically shut out
of financial gain. Remel welcome, good afternoon. First, talk about
what you anticipate ahead for us economically.
Speaker 2 (01:23):
Economically, I see that there's going to be a lot
of opportunity. As we've seen the last time this administration
was in charge, there was a lot of deregulation, and
so it's those type of opportunities that we should look
into of highly regulated environments that will probably accelerate at
(01:43):
a at a very fast speed growth wise over the
next few years.
Speaker 1 (01:50):
You specialize in hotel funds, specifically extended stay talk about
that well.
Speaker 2 (01:58):
We launched our hotel fund one for the purposes of
investing in limited service and extended state hotels. The extended
stay hotel space is a growing market, very underserved. It's
the portion of the hotel market for people who need
to stay in the temporary residence for longer than five days,
(02:22):
not necessarily on vacation. Where we see a lot of
growth potential in that space is that seven billion dollars
worth of extended state business went to regular hotels. That
means they if all the major brands built extended stay
hotels at a rapid pace, they wouldn't be able to
(02:44):
reach the demand in ten twelve years. So we see
a lot of upside and growth in specifically in extended
stay hotel space.
Speaker 1 (02:53):
Let's talk a little bit about the haves and the
have nots. What is the deal with extended stay hotels.
They have become like the living alternative for so many people,
black and white.
Speaker 2 (03:06):
Yes, so, as we know, there's a bit of an
affordability crisis in the country, especially with renters. In New York,
they recently passed the lower and you can't charge a
broker fee anymore for a rented apartment. But a lot
of places coming up with first month, last month's security,
(03:27):
having great credit, all of the things that landlords are
looking for. The rent apartment has become very difficult for
the average American and many are opting to live in
extended state hotels. With the extended state hotel, there's no
credit check, there's no first month, last month security. You
(03:49):
just have to have the ability to pay. And people
are working. Wages are up across the country and people
are working. However, they're not earning enough above the cost
of living to save enough money to be able to
rent their own apartment or home.
Speaker 1 (04:06):
What Ramel Lee proposes is investing in these extended stay hotels,
which will be more in demand than ever and says
the RDL Hotel fund will be an opportunity for the
non accredited investor. In other words, those without the large
assets typically required.
Speaker 2 (04:25):
The difference between accredited and non accredited investors, and up
until twenty twelve and not enacted until twenty sixteen, you
could not invest in these alternative assets unless you were
an accredited investor. So the adage it takes money to
make money was actually codified in our laws that you
(04:49):
had to have money to even have the opportunity to
make money.
Speaker 4 (04:53):
Then the.
Speaker 2 (04:55):
SEC created an exemption called Regulation CFCF standing for crowdfunding,
that allowed for non accredited investors the opportunity to invest
in alternative assets. So that it's been highly regulated because
there is a concern with non accredited investors not being
(05:18):
savvy investors, which I think is just not a true fact.
They can be savvy investors, just haven't had the opportunity
to make enough income to become an accredited investor. So
we purposefully set out to use Regulation CF to give
(05:39):
non accredited investors an opportunity to invest in something that
has the growth potential of hotels. So the actual fund,
as part of some of the compliance, has to be
hosted on a crowdfunding of Fenerra approved crowdfunding platform. The
(06:00):
platform that's hosting our fund is Investor v E S
T E r R. It's a black owned crowdfunding platform,
I believe the only black owned crowdfunding platform at this
time dedicated to commercial real estate. And so you would
go onto that website, find rd a hotel fund one,
(06:20):
and you'd have the opportunity to review our pitch here
our pitch rebinar, and if you're interested, you can invest
right through the platform.
Speaker 1 (06:31):
Ramel Lee of our d Lee Investment says, since the
election for most was about the economy, this is a
way for the small investor to get skin in the
game while at the same time making sure there are
extended state properties people can turn to during this housing crisis.
Speaker 2 (06:47):
It was extremely portant to us to give our people
an opportunity to invest in these alternative assets as a
way to close the wealth gap that we see.
Speaker 1 (06:58):
This is a tale of two worlds, and while this
may be a way to make money, there are others
just trying to make it day by day. YouTube video
creator Big Super documents America's homeless people like Kayla, her husband,
and their three small children. He found them in what
was supposed to be a cheap motel in Arizona. For
(07:19):
them the two hundred and fifty dollars a week to
live there turned out not to be so cheap and
frankly barely livable.
Speaker 3 (07:28):
And the only way we stay here is we had
a reservation and we showed up here. I was like
ten that day and they said, oh, we'll have a
room ready at four. So the kids and I and
we were waiting out in the heat. We're not used
to this Arizona heat.
Speaker 1 (07:45):
But it beats the streets and all they could afford.
Speaker 4 (07:49):
We were paying fourteen hundred for a tiny one bedroom.
It was probably about the size of this fourteen hundred.
Speaker 2 (07:55):
But now you're paying seven hundred a week. I know
that's twenty eight hund Yeah.
Speaker 4 (08:02):
I'm currently looking for work so we can get out
of this predicament.
Speaker 1 (08:08):
Before we go. Jasmine, who you met at the top,
single mother living with her four children in a motel,
did get a place through Frontline, a program in Atlanta
specifically helping those living in hotels, so she can ditch
the hot plate and crockpod. They have a kitchen now,
their home is stable, not one charged by the night.
Speaker 4 (08:29):
So this is the chroom.
Speaker 1 (08:31):
Kids have a room and their own beds again. To
find out more about the hotel investment opportunity, go to
r d leecp dot com. Of course, no investment is guaranteed.
I'm Vanessa Tyler. Join me next time with stories about
black life in Blackland. A new episode of Blackland is
(08:54):
available every week.
Host
Vanessa Tyler
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