All Forum Posts by: Gerald Pitts

Avoid HOAs like the plague. Avoid neighbors like the plague. I don't know how you think $70k is enough to build a house? Houses cost upwards of $200k-300k to build. Maybe if you built a really small one, but my insurance company has a 'cost to rebuild' that is pretty much equal to the cost it took for me to buy a place out there. Maybe I'm woefully uneducated on the topic, I'd love to learn more about that.

Besides the build cost, remember its going to be another $15-30k to furnish/retrofit the house depending on it's size. Also remember out in the poconos you have to install septic tanks/mounds which are very expensive. Make note of how large your septic tank is with regards to how many bedrooms you want depending on the county you're building in. Each one has it's own rules about STRs and septic.

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You could join CREIA, the reia in the Carolinas region. They're still doing a lot of virtual meetups due to covid.

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Wow, glad everyone is ok.

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Danny Rusteen has a decent Airbnb book. Looking forward to Avery's book as well.

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Yeah I'd just wait and see if your cleaner already uses RC or not. But YP is plenty imo. My new cleaners use turnover BNB which I've heard good things about and am trying out since they like it, but I'm having trouble with calendars not syncing correctly. So it's nice to have your Porter as a backup.

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Originally posted by @Jay Mennel:

Love this thread - would love to hear what @Julie McCoy and @Luke Carl ended up with

just starting out with first property in wears valley - considering YourPorter but would love to hear any other opinions. Does yourporter have automatic messages to your cleaners?

It does text my cleaners, send auto messages to guests, create income reports, easier calendar interface than Airbnb. I say go for it. I think it's like $9 a month.

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If it's not too bad, I tend to wait on doing much rehab until slow season. In the Florida panhandle, I hear that is October through Feb. Not sure about your mkt.

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I would reach out to Stephen Frye, a realtor in Nashville that does a lot of Airbnb deals.

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Can the cabin be fixed up at some point, and generate more $$? make it unique some how? And research glamping. Robuilt on YouTube has made a ton of $ with this, I believe.

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All Forum Posts by: Gerald Pitts

Gerald Pitts has started 11 posts and replied 460 times.

Post: Italian Villa in The Great Smoky Mountains

Post: First STR New Build Advice :)

Post: Long-Distance Investing While Considering Personal Relocation

Post: 3 guys tried to enter the Airbnb we stayed at last night at 1AM

Post: Best books on vacation rentals?

Post: igms Vs. Your Porter Vs. Smartbnb Vs. ?

Post: igms Vs. Your Porter Vs. Smartbnb Vs. ?

Post: Under Contract on first STR - Oak Island, NC

Post: Airbnb rentals start-up!

Post: AirBnB for RVs? Other outside the box ideas...