Hi everyone, we’re closing in on year-end, which means now is the time to make sure your financials are clean, organized, and up to date.

That risk often outweighs the benefits.So as an organization, we usually advise our clients to stick with year-long leases unless there’s a very specific reason to go month-to-month.

I would do 1 at a time until I had a couple base hits under my belt.Once you get to a point in your organization skills that you can manage multiple projects and deals, I would scale slowly and make a really good lending connection that can fund your growth and adapt as you do. 

You can create projects for each property or LLC and keep all notes, deadlines, and completed tasks organized in one place.QuickBooks Online is the go-to for financial recordkeeping.

When you meet in person, pay attention to how organized they are and trust your gut.

Read thru the posts on the STR, MTR, and Outdoor Hospitality forum onBP, and similar on other social media to create a contact list of those posters that are active in this space. 

And that's pretty normal in the multi-family space - for an organization to teach you about this element of investing:  expect $20k for the fee.For the free stuff, let's try some local real estate meetup groups.

You could think about having a different address in your articles of organization as well as a different registered agent.

So, start out by CONSISTENTLY posting what you are doing on whatever social media channels you currently use.

Check with your local Metropolitan Planning Organization (MPO) to see if there are any upcoming developments such as highways, rail lines, or zoning changes that could affect your site.These are the questions I run through my head every time I look at a new opportunity.