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All Forum Posts by: Gerald Pitts

Gerald Pitts has started 11 posts and replied 460 times.

Post: Airbnb Hosts - What tech makes your life easier?

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

I agree with @Jon Crosby.  I bought a smart tv, and it's been more complicated that I would like.   In the future, I will just add a roku box, along with cable channels. But yes, a big,  nice flat screen is totally affordable now.  Definitely keyless entry. 

Post: Questionaire for Guests

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

I set age minimum to 23.  I charge $100 for extra guests to try and deter people from  bringing more than 6. But yeah, I don't think about it a whole lot. 

I'm definitely doing it for my cleaner, maintenance team.  They've earned it!

Post: Management Company Issues

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317



I agree they need to move a little quicker / be more pro-active with placing a tenant. They could at least be marketing it? 

Regarding getting delayed a whole additional month, People will sometimes agree to go ahead and move in on the 5th or wherever mid-month, and I just pro-rate the rent accordingly.  

Post: GIVE US ALL THE INFO!!

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

Welcome! Latest BP Podcast episode goes deep into house hacking. 

Post: Nashville Mastermind for Real Estate Investors

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

Had a great time.  Thanks for putting it together, @Jeff Prather!

Post: Home Equity for STR?

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

I am doing it now on a Pigeon Forge property.  I don't want to do it forever, but it's a way to get in the game, and let the cashflow pay down the heloc asap. 

Post: Nashville Mastermind for Real Estate Investors

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

I had just been telling my girlfriend I needed to belong to a mastermind. I'm sure it was the podcast inspiration too. :) Thanks for creating.

Post: Walkout Basement/Garage Apartment Nashville TN

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

My understanding is that you can still do owner occupancy in Nashville for Airbnb. Look up Nashville strp for permit requirements. 

Post: HELOC - INTEREST ONLY

Gerald PittsPosted
  • Lender
  • Asheville NC
  • Posts 466
  • Votes 317

@Adam Edwards, Thank you. I have seen this talked about a lot. And recently heard about a HELOC all in one. It's a checking account, a fixed rate long term mortgage, and a HELOC all together. Is that what you have?