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All Forum Posts by: Nancy Bachety

Nancy Bachety has started 48 posts and replied 982 times.

Post: Considering Florida vacation / rental condo again

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

  St Augustine. There's a festival every other day, national monument, oldest city, ocean beaches, str friendly, year-round demand. Centrally located, draws tourists and relocating folks from lots of places, days drive for many. We can't say enough about our choice here for exactly the reasons you say. 

Post: Greenville NC meet up!

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

How does Sat March 31 sound Or Fri April 7?

Post: Airbnb Success -Rehabbed, furnished, flourished in Greenville, NC

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Jenessa NeSmith thanks. The subway tile was based on a tip from @Diane Manders at a local REi meetup who showed us how she used them for her awesome flip on Long Island. Home Depot and we got them on sale at 7 am, on our way down to do it ourselves. We’re using it again now at another local Airbnb.

Yes, tips for hosting from a distance: assuming you’ve done the math, copy and paste a message to area hosts telling them you want to meet and network. Follow up, meet, network and stay in touch. Lastly, jump in. Gather names, phone numbers and build your team. Most importantly, bring value to them whether it is simply being kind, offering praise and being sincere.

Post: Airbnb Success -Rehabbed, furnished, flourished in Greenville, NC

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

Sure @Edward Barnes. I’ll connect with you.

Post: Greenville NC meet up!

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Jalon Hogan welcome and congratulations on reaching out. I travel the east coast these days, between NY, Greenville and FL and the only place where I haven’t met like-minds yet is Greenville, though @Brian Corbett and I have communicated. I’d like to meet up also, if I’m in town then. March 17 can work for me if Saturday is good. 

Post: Airbnb Success -Rehabbed, furnished, flourished in Greenville, NC

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Edward Barnes Understood:)

We've been wanting to try Basil's and Tapped sounds like a fun idea too - my husband will love it! (Assuming it's a beer place:)

No pushback from the city but you are one step ahead of me. I would do it again this way in a heartbeat, knowing it can be easily transitioned into an annual, if necessary. 

Yes, affordable and we forced appreciation immediately too.  

As far as your wife, if she see's success with this model from family, and runs the numbers, and you show her numbers on annuals, if necessary, it could work. Otherwise, perhaps she is just too nervous to invest in RE.

Good luck, and I'll tell your brother hello if we see him tomorrow night for dinner!

Post: Airbnb Success -Rehabbed, furnished, flourished in Greenville, NC

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Edward Barnes We've networked and have a small team we could call on. We also like to travel and 'visit' the places we airbnb. Tomorrow, we'll be heading to Greenville, St Augustine and Naples. It would be different somewhat, if we didn't want to or plan on physically being onsite, but it could be done with a network. Meetups, REIS, neighbors, PM, etc. 

What is holding you back?

Post: Anyone doing STR's primarily with rentals?

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Julie Hill Congratulations and best of luck. 

Just because you're not local doesn't mean you need a property manager. No reason why you can't establish a network to identify one or two maintenance people and hire great cleaners who provide you with feedback. Hiring a PM doesn't mean you're going to provide the best unit though it does provide you with hands-off peace of mind. You don't strike me as hands-off though. And extra things like bathrobes (depending on your specific location and guests) might yield only marginal gains. Videos might be supported on some platforms and if they're easy for you, why not have them ready?

Post: Short Term Vacation Rental Meetup St. Augustine, FL

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Collin S. @Eric A.

We have a meetup planned for Feb 26th in St. Augustine 7:30 pm. You're welcome to join us.

Post: Ask me (a CPA) anything about taxes relating to real estate

Nancy BachetyPosted
  • Rental Property Investor
  • Sag Harbor, NY
  • Posts 1,009
  • Votes 622

@Nicholas Aiola @Dmitriy Fomichenko

Excellent link, Thank you. I've been reading through it and all the valuable information. Great referral.