How Andrea Foley Scaled from Flipping Houses to Hotel Conversions and Launched a Car Wash Franchise Along the Way

How Andrea Foley Scaled from Flipping Houses to Hotel Conversions and Launched a Car Wash Franchise Along the Way

The sixty-fifth episode of Groundbreakers Podcast by Homebase! Listen in for an amazing interview with Andrea Foley, Director at Generational Wealth Capital.

Domingo Valadez

Jun 3, 2025

Podcast

Episode Summary

In this episode of Groundbreakers, Andrea Foley, Director at Generational Wealth Capital, shares how she went from flipping homes in Kansas City to launching a real estate fund focused on hotel-to-multifamily conversions. Along the way, she’s tackled everything from diaper cleaning to owning car wash franchises—proving that building generational wealth takes hustle, grit, and the ability to pivot fast.

Andrea breaks down her unique path, including the creative ways she sourced early deals, how she scaled into larger commercial assets, and why she’s bullish on hospitality conversions. She also opens up about the emotional side of entrepreneurship—juggling family, faith, and financial goals in a volatile market.

To listen to this episode, follow this link to Groundbreakers on Spotify!

Key Points Discussed

• The Flip That Started It All: Andrea’s real estate journey began with flipping residential homes—but she quickly realized the wealth was in holding, not selling. That mindset shift led to multifamily.
  Car Wash Franchises & Cash Flow: Before going all-in on real estate, Andrea and her husband bought into a car wash franchise. She shares what worked (and what didn’t) about getting into small business ownership to generate income.
  Hotel Conversions as an Opportunity: Andrea discusses her team’s thesis on converting hotels into multifamily, the operational complexities, and why she believes this is one of the most underpriced strategies in today’s market.
  Raising Capital Authentically: She opens up about building trust with passive investors, including the playbook she used to move from personal capital to raising funds from her broader network.

Guest Information

• Name: Andrea Foley
• Role: Director at Generational Wealth Capital
• LinkedIn: Andrea Foley
• Website: Generational Wealth Capital

Conclusion

Andrea Foley’s story is proof that you don’t need a traditional background to succeed in real estate. With persistence, creativity, and a clear mission, she’s building a portfolio that reflects her values—and helping others do the same.

Connect with Andrea on LinkedIn to learn more about her fund, her hotel conversion projects, and her journey from flips to franchises to multifamily.

DOMINGO VALADEZ is the co-founder at Homebase and a former product strategy manager at Google.