All Forum Posts by: Carrie Foley

We had $1M liability already and I filed a screenshot of the 2023 earnings summary.

@Ryan Richmond, I just registered a few days ago. The online payment feature was broken for a few weeks but is now functioning again. Good to hear it was just 2 weeks. :)

Are you registering a new place or one you've had running for a while? I have one of each.

Yes they are legal. A new ordinance goes into place Jan 1, 2024. There will have to be 750 between units and owners will need to register them and display their registration in a prominent place in the property. Either the owner or the co-host will need to live locally in order to register. I live in Greensboro and own an STR in town. Hit me up if you want to chat. Here is the website with all the info: https://www.greensboro-nc.gov/departments/planning/learn-mor...

@MIhir More let me answer your question by saying I just got a 3 day booking this morning for this place where the guest is paying $465/night! 

There are regulations that were newly voted in a few months back--going into effect Jan 1, 2024. They seem pretty reasonable, but the biggy is that outside investors (living outside this county an the adjoining counties) will need to have a local as a manager or they will be out of compliance. https://www.greensboro-nc.gov/home/showpublisheddocument/560...

I'm looking for co-hosting partners right now. So if you are interested in chatting hit me up. 

I was going to invite you to Pints & Properties, too, but @Robert Phillips beat me to the punch! lol 

Congrats on getting this party started! Hope to see you at Pig Pounder on Wednesday - it's always lots of fun!

I actually think it's better to say there's 3 tiers out there. And I stick to the middle tier. A few thousand for a sofa at a place like World Market or equivalent. Buy quality, but not luxury. No matter how expensive it is, people will still spill/stand/jump on it, especially if you get guests who are less than 5 stars. 

Hey there. I know this post is old, but @Todd Keith I'm wondering about a nitty gritty detail about how to do the bookkeeping properly. I set up the system a few months ago and am trying to catch up my books. Would love to connect if you're still on here.

I'm using this method and love it. I have questions for anyone that is a pro. I've only been doing it for a few months. 

I want to suggest that anyone getting into it for the first time, they look up Relay and use them as their bank. 

Did you find anyone? I'm also looking and am not far from you.

@Stone Jin yes we did! Ha! Great memory.

@Daniel Qin I picked GSO because I live here. I wanted to learn all I could locally before I moved into a remote market. And besides, GSO is a gem of a spot for an AirBnB. Lucky me!

https://www.airbnb.com/rooms/7...