Each session focused on a different aspect of building our own personal wealth strategy.

My top 3 favorite aspects of STR's:1).

QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.

While I can't compete with larger lenders on some aspects of lending, I pride myself on working on providing a mutually beneficial relationship and 'being there' when needed. 

However, he is very knowledgeable and experienced with many aspects of RE.

I then find the realtors number and give them a call with my offer.I have a investor who I have been working with who is awesome and has been supportive when helping me run numbers or evaluating other aspects of a property such as Curb appeal. 

If anything I lean towards R2R's model in preference, because one doing things "in-house, is still generally just contracting things, which is doing similar isn't it, relying on vendors for the various aspect's, and only as good as those vendors.

My husband and I currently do management for STRs in the Midwest and I have to disagree with Lucas on the time aspect.

However, I seek advice on several crucial aspects before proceeding further.Firstly, I am unsure about the best approach to financing the purchase.

there’s a funny debate on this. we put it on one of our rentals in SoCal and it’s netter us in a positive way and made us more attractive to prospective tenants.that being said, IF it were truly lucrative I think we’d see more corporate apartments like Greystar and Redwood installing solar panels.If you do install, make sure you figure out what tax credits you qualify for etc and make sure your output is covered by the panels for day AND night. theres no sun at night.. so make sure when they design they dont hide that. the salespeople are shady with that aspect and it’s annoying.