All Forum Posts by: Steve Keisling

 Thanks, Patricia. Nice work! 

Hi, everyone! I have a long term rental in the eastwind area of Wilmington, NC. It’s by UNC Wilmington and is about an 8 minute drive to wrightsville beach. My tenants are moving out at the end of April and I am considering making it a short term rental. Wondering if anyone has short term rentals in that area and has insight into the year round performance metrics. I checked the free version of air DNA but didn’t get enough high confidence info to form a good picture. So I figured I’d see if anyone in here can help. Thanks!

I’m in Wilmington, NC. I just had a family friend offer to partner with me to buy a air bnb. I only have one rental and I funded that myself. I’ve never partnered before. We haven’t talked specifics yet, but I think he wants to be the bank on this. Does anyone have tips structuring a partnership with a private lender for air bnb? What is fair? Pay him back with interest commensurate with bank rates? Hard money rates? Do all profits go to him until the debt is paid, or do I keep some? Any help is appreciated. Thanks!

@Steve Garner I noticed the same thing. Then I keep hearing about it on the podcast. Seems to be worth looking into.

Does anyone have experience owning self storage in Wilmington, NC? I hear so many great things about it so I’m starting to get serious on the idea. I’m in the research phase but was hoping to talk to anyone with insight. When I drive around Wilmington, I can’t throw a stick without hitting a self storage business. Saturated market or room for growth?

@Michelle Gerac super helpful. Thank you!

@Nathan G. Makes perfect sense. Thank you!

@Kevin Zolea thanks!

I’m in Wilmington, NC and am about to place a tenant in my first rental property. I was wondering what kind of bank accounts the pros use. For example, when the tenant gives you a security deposit, do you just park that in a savings account, or do you put it in some sort of interest producing account to have it passively grow?