All Forum Posts by: Joe Prillaman

@Avery Carl, don’t know how I missed this one! @Derek Idstein I’ll be happy to share my numbers and vacancy rates with you! It all depends on how you operate and the size of the unit. Top performers in my market tend to stay booked even during the winter months because we pull from Wilmington all year round. Larger units will have more vacancy than smaller units but will also make more money per week in the peak months. I’m a big fan of AirDNA but make sure you keep in mind they are scraping data that includes a mandatory shutdown for April. 

@Nate Ginsberg, Carolina Beach is great! I’m also a fan of Oak Island, Topsail, and Surf City.

Looking forward to seeing everyone next week! Please remember to wear a mask and we will be outside. They have heaters for us so bundle up and get ready to talk about some real estate! 2021 goals anyone? 

interesting strategy/idea. Most investors I see renting near the university require college students to rent the property for a full year or they run the property strictly as a short term rental. I feel like If you were going to build the team to operate it as a short term it would be more beneficial to run it that way all year? Staging materials could potentially get trashed by the students as well. Seems pretty labor intensive to me to switch between the two. 

Welcome to the club! Come hang out with us anytime! My wife and I are house hacking on CB now and love it! Looking forward to meeting you! 

@Chelsea Smiley, Welcome!!!!! Excited to meet you guys. Are y'all focusing on this market for BRRRR or are you investing long distance?

@Zachary Steidl, it’s hard to beat Carolina Beach! We absolutely love the beach and it’s a great short term market. Are you thinking about house hacking? I’ve always wanted a cabin in the mountains haha. Cabin hack!

Join us on the first Tuesday of every month at Waterline Brewing Company at 7:00pm! This is an informal networking event, and our hope is provide an opportunity to connect with other investors in Wilmington, NC and surrounding areas. Whether you have tons of experience or no experience, all are welcome!

Last week was great! It's amazing to me how many people are crushing it in this market. Keep bringing like minded individuals so we can all share in the abundance! See you next month.

Be bundled up! We have to be outside again because of the new regulations. Sorry about that guys!