@Brenda Reems You’re thinking smart by wanting to involve your partner not as an employee but as a true stakeholder, especially since he brings operational value and you’re contributing capital and deal structure.

So there are two specific instances whereby operating the BUSINESS of a STR as a separate entity from the property ownership can be beneficial.First, as to liability having a SPV lease the property from you as an individual property owner can provide a line of defense should someone sue for issues relating to the operating STR (Airbnb) business.  

We are a new business considering investing in the Danville VA downtown area. I grew up on the outskirts of Danville but have been gone about 15 years. We are looking for rockstar team members including real estate ag...

Still, I didn't take on the offers because I realized that if I labeled myself as a "short-term/mid-term rental accommodation manager," I wouldn't have to operate as a property manager.

Now, to be fair, I often hear GREAT things about operations like Lima One, Kiavi, and many others.But, these are NOT private lenders.

I thought I could share some thoughts on how we manage tenants and see what other tips and tricks investors use to run an efficient operation and get top reviews from tenants. 

I’m new to BiggerPockets but not new to real estate.Over the last 20 years, I’ve flipped more than 2,000 homes, built and sold two real estate companies, and scaled a single-family rental portfolio to 300 homes, which I exited to a private equity firm in 2021.These days, I’m focused on building operator-led teams in high-growth markets like Huntsville, Greenville, and Fayetteville.

The property is strategically positioned near major refineries and industrial operations, making it ideal for triple-net leasing. 

Real estate investing at it's core is not about cash flow.

Operations oriented.