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All Forum Posts by: Joseph Bafia

Joseph Bafia has started 8 posts and replied 301 times.

Post: Greensboro, Winston-Salem meetup in person and Virtual

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

I should be able to make that so I've got it on my calendar. 

Joe

Post: First House Hack - 90% Cash on Cash ROI

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

Congrats @Brandon Allenczy!  Way to go and glad to hear you landed a deal!  Hope our paths cross again at some point!

Joe

Post: Convert Barn into Vacation Rental - Asheville, NC

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

although I can't offer any guidance on the renovation rules of your current project, I will offer that we do some STRs north of Asheville (Mars Hill) and would be happy to share any of our processes, methods, etc. if you're looking to get more into the STR game (I'm trying to get more LTRs!)...

I think @Derek Robinson said it best to get someone like a GC to go out and give you a full legal permitted estimate.

Always looking to connect with people in the Asheville area.

Joe

Post: Greensboro, Winston-Salem meetup in person and Virtual

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

we recently bought our first property in High Point (we live in Raleigh).  I'd be interested in learning more about lease options.  Let me know if a location gets selected!

Joe

Post: North Carolina networking

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

I have a duplex we're renovating in High Point NC!

Always looking to connect with others.

Joe

Post: Prospecting new areas to move

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

I'm in Raleigh and have properties in High Point and Western NC, so I'm further from coast, but always happy to connect!

Post: Is AirBNB hurting themselves and or there hosts?

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

I've seen many of the forum posts asking what platforms are used the most or which ones are best.  Ours have been listed on both VRBO & Airbnb but we've never had any traction with Airbnb (not by our choice, it was just everyone was booking on VRBO.  SO maybe a blessing in disguise for us based on what others are sharing.

We tried our own platform for awhile but no traction as Airbnb/VRBO drive so much traffic.

Post: Considering locations for STR Asheville NC?

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

I have a STR and LTR in Mars Hill. Its about 45 mins north of Asheville. Its very quiet and remote where I'm located but yet driving distance to get to Asheville and other attractions. We do exceptionally well with occupancy....all year long. worst month is Feb and we still book close to 65%+ that month. We've been JAMMED solid since May 15th when covid restrictions lifted. Love the area enough that we just got a 3rd property under contract last Friday. I also believe that the city limits of Asheville could be tricky to navigate with STR rules, but enough opportunities just outside of limits to get value and STR opportunities.

@Jordan Lockaby mentioned all the other great surrounding areas!

Post: Do you exercise at your STR?

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

carrying and stacking firewood for our place.  alot of stairs!

Post: WiFi tools for self managing STR’s from a distance

Joseph BafiaPosted
  • Investor
  • Raleigh, NC
  • Posts 313
  • Votes 280

Schlage Encode door locks allowing us to program door codes remotely. using check in and check out dates  Also use Gecko In Touch2 wifi app to control hot tub.  Probably should get some thermostats and cameras, but dont at this time.