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All Forum Posts by: Joe Prillaman

Joe Prillaman has started 66 posts and replied 418 times.

Post: Determine how much an STR will make using the ENEMY method

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

@Lucas Carl, such a great post. It amazes me how many people don’t go out and find the top performers in their market and study them! Thanks for sharing.

Post: 10% Down Vacation Rental Investing??

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

@Patrick Enright, episode 364 with Avery Carl. She’s all over BP and has some of the best info on short term vacation rentals. Totally possible.

Post: Newbie in Tampa, FL (but moving to Wilmington, NC soon)

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

@Jonathan Williams, looking forward to hanging out soon! Hope y’all are holding up well during the pandemic.

Post: Wilmington Investor Meet-Up

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

Just FYI we are NOT meeting next month because of the coronavirus. I will be posting the next meet up date shortly and if this whole pandemic thing doesn’t clear up by then we will cancel that one as well! Hope y’all are crushing it and taking the time to dig into your business and systems. Stay safe and good luck!

Post: Coronavirus Impact on Beach Rentals in North Carolina

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

Just in case anyone was curious the virus has had a huge impact. Beaches are closed yada yada yada same old crap. Just forget I posted anything about not being effected yet!

Post: Coronavirus Impact on Beach Rentals in North Carolina

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

update: we had our first guest decide to cancel their trip last min for this weekend. Property rebooked in 3 hours. People are still traveling to CB as of right now.

Post: Coronavirus Impact on Beach Rentals in North Carolina

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

@Rick Oaks, we only use Airbnb. As of right now there is no travel advisory and therefore would not fall under the extenuating circumstances policy. If We do have a concern about the coronavirus we’re going to handle it on a case-by-case basis. this is a sticky situation because some of our guest have been booked for months while others have booked during the pandemic. 

Post: Coronavirus Impact on Beach Rentals in North Carolina

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

@Rich McElaney, we just had our first guest decide not to proceed with booking for a week long stay inquiry in the summer because of the Coronavirus. That was followed by 4 other bookings so I’m still not worried but it has officially happened to us!

Post: Coronavirus Impact on Beach Rentals in North Carolina

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

Hi Rich, great to hear that you found a property! We have not had a single cancellation from coronavirus as of yet And our bookings have started to come in strong for the upcoming season. 

Post: Wilmington Investor Meet-Up

Joe Prillaman
Posted
  • Rental Property Investor
  • Carolina Beach, NC
  • Posts 441
  • Votes 462

Thanks to everyone who came out. We had a good group and got to talk real estate for a few hours so that was great! Looking forward to next time!