This is just one of dozens (probably hundreds) lessons learned.

Just ashes and regret.The biggest lesson I’ve ever learned as an investor: never, ever close on a property without insurance in place first.

Hey BP community,Sharing an expensive lesson about vendor vetting that I hope helps other STR managers avoid the same mistake.Background:I run an STR management company in Bozeman, MT.

Quote from @Kelly Schroeder: I would agree there is overlap in property management and flipping properties for lessons on getting things handled along with managing what needs to be managed.

Curious to hear from the community: what’s one lesson you learned from your first deal financing?

So our garbage disposal broke at our STR lake house.I usually fix stuff like this, but am trying to do less.I messaged 4 of my regular guys and ended going with a recommendation from someone in a local FB group.$350 l...

Lots of lessons learned!

Lessons learned?

It seems like more investors are realizing the benefits of note investing: steady income, lower management stress, and property-backed security.For those active in this space — what’s been your biggest takeaway or lesson learned from investing in notes?

Lesson learned, not all banks operate the same...I managed to pay my bills that allowed direct ACH within accounts, but essentially I have to go to the bank, withdraw cash until the new cards show up.