How to Build $7.5m in Net Worth by Buying a B&B

So many, many people that are return guests have someone that live on Swann street or someone that lives on S Street. And every time they come to visit their, their family, they stay at Swann. So that's a huge market for us.

It's the exact kind of guest that I really, really love. Right. And they bring their family over and they, you know, have drinks on the porch and it feels almost like a second home. Those people end up being amazing stewards of the property and they end up really doing well by the business.

I would have guessed just the opposite, that it would be, yes, you're in a residential neighborhood, but you're walking distance to, you know, sort of walking distance to kind of Foggy Bottom and other places where business is done in D.C. not Capitol Hill, though. So I would have just thought that you'd have, you know, diplomats who are doing, who are regularly in D.C.

coming through, but it's actually more families or, or connections to families that live in the neighborhood. Interesting.

Yeah. And we do get, we get the conference goers, we get the business travelers for sure. That's the other 75 that I love very much and, and gotta love them all. Exactly. They're in hospitality.

Nobody's.

But yeah, I think I, those people are less likely to be those return guests that, that you were mentioning. So. Fantastic. So let's hear a little bit more. About your living on the premises in this innkeeper, this separate building behind the the main structure.

Tell us about that and what your kind of day to day looks like both for you and your family living there. Yeah, so technically it's in the building. It's not a separate building.

We're in the basement of Swann House. We cannot, you can't access our apartment from inside the bed and breakfast, so you still have to exit the front door and walk around.

But it's a two bedroom apartment. It's very small. It's not as grand and as luxurious as the bed and breakfast, which we knew going in and are very happy with. And we. So I live there with my husband.

Says Downton Abbey vibes. As it should. The ringing bell. No, I'm just kidding. So I live in the apartment with my husband and my two kids who are 5 and 7 and share a room.