Join host Evan Ross from Brown Edwards & Company as he sits down with Nagib Lakhani from Revmax Investments for an in-depth exploration of the hospitality industry. With nearly 30 years of experience spanning automotive franchises in Canada to hotel development and operations across the U.S., Nagib brings a wealth of real-world expertise to the conversation.

In this episode, they dive deep into the unique challenges and opportunities within hotel development and operations, covering:

1. Development vs. Operations: Understanding the dual nature of hospitality as both real estate investment and active business operations
2. Current Market Dynamics: Why acquisition and renovation is often more attractive than ground-up development in today's high-interest environment
3. Brand Relationships: The critical importance of franchise agreements and how they impact financing, operations, and exit strategies
4. Revenue Management: How artificial intelligence and real-time pricing strategies have transformed the industry from pre-COVID corporate travel patterns to today's evolving demand cycles
5. Capital Requirements: The reality of FF&E reserves, renovation cycles, and the financial challenges facing hotel owners post-COVID

Nagib also shares insights about his work with iHospitality Alliance, a community organization bringing together like-minded hoteliers to leverage best practices and achieve economies of scale typically available only to larger hotel groups.

Whether you're a seasoned real estate professional, considering your first hospitality investment, or simply curious about the business dynamics behind your hotel stays, this episode offers valuable boots-on-the-ground perspective from someone who's navigated decades of industry evolution.

Featured Guest: Nagib Lakhani, Revmax Investments

Contact: nagib@revmaxinv.com | www.revmaxinv.com

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.

Join host Evan Ross from Brown Edwards & Company's Roanoke, Virginia location as he sits down with Bill Chapman, founder of Bill Chapman Inc. and seasoned real estate developer based in Richmond, Virginia.

In this engaging "boots on the ground" episode, Bill shares his unique journey from sports journalism and bartending to becoming a prominent developer specializing in adaptive reuse and historic tax credit projects. With nearly 20 years of experience transforming Roanoke's downtown landscape, Bill discusses his remarkable projects in the West Station District, including the Fulton Motor Lofts, Lofts at West Station, Parkway 301, and the current challenging renovation of the former Sunlight Bakery building at 501 Salem Avenue.

Listeners will gain valuable insights into:

1. The evolution of downtown Roanoke's Salem Avenue corridor
2. Navigating the 2008 financial crisis as a developer
3. A gripping account of structural engineering nightmares and historic tax credit market collapse during the Parkway 301 project
4. The importance of thorough due diligence in historic building rehabilitation
5. Current challenges in affordable housing development
6. The rewarding nature of preserving community assets through adaptive reuse

Bill also shares the story behind popular local establishments like Big Lick Brewing Company, Tuco's Taqueria, and Beamer's 25, offering a behind-the-scenes look at how strategic development can revitalize entire neighborhoods.

Whether you're an experienced developer, real estate professional, or simply interested in urban renewal, this episode provides practical wisdom and inspiration from someone who has truly transformed a community's landscape.

Contact Information:

1. Website: BillChapmanInc.com
2. Email: bill@billchapmaninc.com

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.

Host Evan Ross kicks off Season 2 with Brady Lawrence and Alicia Cundiff from Roanoke City Economic Development. They discuss available tax incentives, including Enterprise Zone grants, the upcoming Business Equipment Incentive Program (opening October 1st), and major recent grant awards totaling over $8 million for industrial development and community projects. Brady shares retail study results bringing new businesses like HomeSense and Kickback Jacks to the area, while both guests provide updates on Carilion's new facilities and exciting downtown developments. Contact: bizroanoke.com

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.

Join host Evan Ross, Tax Director at Brown Edwards & Company for an overview of the One Big Beautiful Bill Act (OBBBA) that was signed into law on July 4th.

In this episode of the Real Estate Tax Playbook, Evan discusses the most significant tax provisions affecting real estate investors and developers. The solo episode by Evan covers bonus depreciation, 163(j) interest limitation, PTET and the SALT cap, opportunity zones, and energy incentives. Don't miss the opportunity to stay ahead of the curve and prepare for the challenges and opportunities presented by the One Big Beautiful Bill Act.

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.

Join host Evan Ross, Tax Director at Brown Edwards & Company, as he sits down with Rich Hedley, State and Local Tax Leader and Tax Partner at Brown Edwards, for an in-depth discussion about state tax compliance for real estate investors and professionals.

In this episode of the Real Estate Tax Playbook, Rich breaks down the often confusing world of state tax nexus, explaining what creates tax filing obligations when you own rental properties across multiple states. The conversation covers essential topics, including voluntary disclosure agreements (VDAs) for those who may be out of compliance, the pass-through entity tax (PTET) workaround that helps bypass the $10,000 SALT cap limitation, and how different states handle federal tax law changes like bonus depreciation.

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.

In this episode of the Real Estate Tax Playbook, host Evan Ross welcomes David McGuire and Justin Gephart from McGuire Sponsel to discuss property tax assessment appeals and upcoming tax legislation. The conversation explores when and how real estate owners should challenge assessments, valuation methods that lead to successful appeals, and how changing economic conditions create tax-saving opportunities. The trio also covers potential federal tax changes affecting real estate planning, while sharing their mutual appreciation for fine bourbon.

A Proactive Advisor in Tax Strategy

Brown Edwards tax advisors take a proactive approach to tax strategy, helping you minimize tax obligations and focus on the big picture. With our tax professionals’ in-depth expertise and education, Brown Edwards can handle complexities for corporations, partnerships, and individuals, with added specialization for a variety of industries.

Learn more about our tax services.