Keep in mind hotels have a lot more moving parts and greater liability exposure yet we as a company still did not implement what you shared.Where we as operators differed was in our the understanding of the actual risks associated with owning real estate and how to mitigate or protect against them.

First, ensuring that each property or group of properties is held in a separate LLC can limit exposure, confining potential liability to the specific entity involved.

@Miranda LeMaster If your agent can not offer you a good commercial option, then you are working with a personal lines agent and you may want to think about making a change sooner than later.Ideally you want to have 2 separate insurance programs.  1 for your personal and 1 for you business/commercial exposures.  

Understanding their funding sources and capital structure provides insights into their financial strategies and risk exposure.

I have just moved into a new city (New Orleans) and want to get into the STR space through co-hosting and really become an expert in the process, what's the best way to gain exposure, connect, contact and gain clients in a new area. 

I experienced this when I lived in SoCal given the wildfire exposure and the SE has also been feeling the pain with all of the hurricane exposure.

Hi All - I have worked in banking for much of my career but would like to possibly transition to a role in property management or facility operations.  I did get my real estate in North Carolina during covid but then ...

.- Explain the Benefits of Our Strategy: Finally, I explain that by listing on the MLS as part of our exit strategy, we’re simply maximizing the exposure of the property to potential buyers.

There is strong data that correlates lead exposure with health problems. 

It needs to make sense from a risk exposure and cost of maintenance perspective.