From an Attorney: How to Safely Use Other People's Money (OPM)
Summary
Attorney Bethany Laflam discusses the power of syndication and how to scale a STR business safely, legally, and compliantly. She highlights the importance of experience, proactive communication with investors, and building trust by being transparent about any issues. Laflam also introduces the concept of "Other People's Everything" (OPE) as a framework for leveraging a team and avoiding burnout.
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Curated by Learn STR by GoStudioM