That spreadsheet is much simpler than the above.If you have a straight partnership, the proceeds might be a simple split.Creating a spreadsheet that could effectively handle both types of structures adds a further layer of complexity.

Require simple dashboards so advice is data‑driven, not story‑driven.

The bookkeeping here can definitely get confusing the first time around, but it’s actually pretty straightforward once you think of it as two entities doing a simple business transaction with each other.Here’s how to handle it:1.

Line up funding before demo by securing a hard money term sheet and one private lender, build a simple scope focused on safety and rent/value drivers, and hire a vetted GC with milestone draws and lien waivers.

Spend a week or two creating a simple SOP — what lists to pull, when to call, what data to record, and how follow-ups work.

Start a System for 2026 Before January HitsEven simple workflows—monthly reconciliations, consistent document storage, and automation tools—can make next year far easier.Year-end bookkeeping doesn’t have to be stressful.

I have the county assessor wanting a Certification of trust form filled out due to one of my properties being titled in the name of my trust. in order to avoid reassessment.I’m wondering if I really need an attorney To prepare this for me, since it appears to be such a simple form to fill out, and avoid an attorney fee.

A simple call should probably get the ball rolling.

Converting a motel into assisted living can work, but it’s not as simple as repurposing rooms.

If you’re comfortable with the risk, investing could make more sense, if not, paying it off keeps things simple and stable.If you decide to move forward, good luck, I’d love to connect.