Have Ria, Inc.

**Background and Expertise:** HAVE RIA, INC. is a registered investment adviser specializing in hotel asset and investment management services. The firm was established in May 2023 and has been providing investment advisory services since July 2023. Their services focus on hotel real estate asset management through various accounts. The firm's investment strategy includes opportunistic, core, and value-add investments in the United States. **Consumer-Facing Terms:** - **Minimum Initial Investment:** No minimum investment amount required. - **Fee Structure:** Fees are negotiable and vary based on factors such as total assets under management and complexity of assets. Fees include ongoing investment management services, renovation oversight fee, hotel disposition services fee, hotel financing or refinancing services fee, and hourly fees for services outside of investment management. - **Fiduciary Status:** HAVE RIA, INC. acts as a fiduciary, putting clients' interests first. - **Investment Discretion:** The firm has discretionary authority over client assets, making decisions without consulting clients first. - **Investment Philosophy:** Focuses on long-term investments in hotel real estate properties, aiming to generate returns through annual cash flow and capital appreciation. **Advisory Business Description:** HAVE RIA, INC. provides hotel asset and investment management services, including investment strategy and management, investment acquisition and disposition, general administration and asset management of accounts, disposition services, and financing or refinancing services. The firm's investment strategies include opportunistic, core, and value-add investments in the U.S. hotel real estate market. They use fundamental and technical analysis methods to evaluate investments. This summary provides an overview of HAVE RIA, INC.'s background, expertise, consumer-facing terms, and investment strategies, helping potential clients understand the firm's services and approach to investment management.