You Won't Believe What He Said About That Business #podcast #shocking

See what you think of real estate. It took me about a year. It was right after 9/11 and I found a building in the Bronx for sale. >> What do you mean you found it? How did you find it? >> New York Times, Sunday edition. >> I need to hear how you went from that to owning hotels. >> We got a call from a guy in Georgia who owned a Red Roof Inn. The guy, absolute screwball, ended up in jail. And I said, "What am I going to do with a hotel? I have absolutely no idea about hotels." But I had no choice. We took over the hotel. And I took a liking to the business. Then 2008, I get a call from my banker. I know you're buying a bunch of defaulted notes. I have a good one. I said, "What's the address?" He tells me 248 Rockaway Boulevard, Rosedale, New York. Thank God for Google Maps. I see High Heels, the strip club. The strip club that all the rabbonim, all the rabbis, all the senators had a massive gathering how they're going to close down that club.