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All Forum Posts by: Gerald Pitts

Gerald Pitts has started 11 posts and replied 460 times.

Post: Looking for insight into purchasing and operating a campground!

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

Yonah Weiss had a podcast episode about campgrounds recently.  

https://open.spotify.com/episo...

Post: How to streamline/automate your cleaners for STR

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

 I like Guesty for this and some othe things.  Even the less than tech savvy cleaners have done fine with me sending a link to my Guesty calendar.  A lot of ppl like Turnover BNB, but I never got it to sync correctly.  

Post: Friends and family discount?

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

It honestly hasn't come up as much as I thought it would.  When it comes up, I push the slow months..the times where I wasn't going to make a million dollars anyway.  If they book at other times, I tell em I'll work with their budget.  Also, as a fellow traveler in the people pleasing realm, I highly recommend the book Codependent No More by Melodi Beattie.  

Post: Do you guys recommend Bookings.com?

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

Your reviews will be your feedback on cleaning.  Good cleaners understand that and work hard to get you 5 star cleaning reviews.  When you find a good one, take good care of them.  

Look into running FB ads to fill more dates.  

Post: STR in Historic District

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

Exhaust any possibility to renovate. Check local laws. Yonah Weiss is the cost seg king. He can recommend a ton of cost seg knowledgeable cpas. 

Post: Hiring virtual assistants to manage the booking platforms

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317
Quote from @Melanie Thomas:

Hello! I would look to hire a company that will help identify and train the right person for you. Check out BizDev Mastermind. There are a ton of really great companies who take the hassle out of hiring a remote team member to help you out. In my organization, we have 18 of them and they are a godsend! Good luck & happy investing. 


 Virtual Staff Finder is a similar screening service for V.A.s.  I learned of this on the Get Paid for Your Pad podcast.  They have been using this service for years.  

Post: STR Investing in Gatlinburg vs Blue Ridge

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317
Quote from @Christian Wilson:

@Gerald Pitts love Airdna. I’m not a big spreadsheet guy so I need all the help I can get 😅


 DM me, and I'll send you the one I use.  Pretty straightforward. 

Post: STR Investing in Gatlinburg vs Blue Ridge

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

You definitely want to find a good Spreadsheet Analysis Tool to run your numbers to cut out a lot of the guesswork. Sure you can find on on here with a search. Also, Data tools like STR Insights, AirDNA, Pricelabs Dashboard, Rabbu, Enemy Method.

Post: STR CPA/Tax Professional - Cost Seg, bonus dep, active etc.

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

Ryan Bakke or Natalie Kolodij are awesome.  These have also been referred to me for Cost Seg, but I'm less familiar:

Daniel Hyman, CPA 
Mark Perlberg 
Nick Aiola CPA 
Ashish Acharya

Post: Hiring virtual assistants to manage the booking platforms

Gerald PittsPosted
  • Rental Property Investor
  • Asheville NC
  • Posts 466
  • Votes 317

Write down all the tasks you do related to your business.  Decide the ones you love vs hate doing.  If you love a certain task, but it's a $10 / hr task...decide if you really love it, or you're just comfortable with it.  I'm a weirdo that loves housepainting, but I have a harder time doing that and making 10,000 / hr than I do by meeting the right connection / finding the next property.  You can use Loom for screensharing videos.  Look for examples on Youtube.