All Forum Posts by: Gerald Pitts

 By those expectations, I'm killing it, then! :) I'm just a couple months in so I just haven't cash flowed a lot of savings to make up for Feb.  I knew going in Feb was a rough one, and to have a little extra put aside.  

I am very jealous of that / happy for you!  Feb has been rough!

@Alan Ford

I include cleaner's fees in gross because I think of it as an expense just the same as my elec bill. Also, I self manage / and primarily use airbnb, and the Monthly Earnings include cleaner fees so it's simpler for me.

Pricelabs does help with this I believe, but I can't exactly explain it.  My partner handles the pricing.  But I do feel like she's able to make it not have orphan days on the weekends. 

Also been experimenting with Pricelabs.

As this is, Someone can still book Sat and Sun.  They just check in after friday guests leave / cleaners finish.  Are you concerned that Friday is taken?  

I second a couple things that have been said about researching. I currently live in Nashville and have been here 13 years and love it. I am moving to Asheville in 6 mos and I just got back from a research trip. Before I went, a realtor sent me a list of neighborhoods to checkout which gave us a a lot of guidance in getting to know the area. I told her we may rent the first year, and she suggested being near downtown where the action is for that year, and then can always move further out when buying. After the trip, we’re almost as comfortable buying, but may give renting a whirl to be safe. 
I recently bought a cabin in Gatlinburg area and liked the cash flow and ease of self management so much I bought a second one, and am in the process of putting Nashville rentals under property management. Turns out str mgmt is much easier and I suck at ltr mgmt haha. Good luck with your move. You will love the calmer vibe of Nashville. Feel free to message with any questions. 

Curious to know this too.  I have family there.  I will say that I'm way more comfortable doing STRs where it's been an established thing.  Or at least where I would have add'l exit strategies. Which you seem to have.   

Rah rah This forum! Set up keyword alerts, and soak it up! Learn until you’re “ready enough” then jump in. The learning  will then accelerate like crazy after pulling the trigger.

@Tom Donnelly, if you end up buying in Sky Harbor, I use a husband / wife team that are cleaners / maintenance on a cabin or 2 out that way that are great. Recommended by the Carl power couple. PM me if interested.