Pivoting With Your Short Term Rentals With Nakiya Pitts

Nakiya Pitts- short term rentals 

People aren't traveling, booking are going away

Today, Martine is joined by Nakiya Pitts, an investor who primary focuses on a portfolio of short term rentals. This lucrative market got tough as the pandemic begin because travel was banned and staying anywhere other than your home was frowned upon.

Many entrepreneurs understand you are not a true entrepreneur until you've had to shift, pivot, or transition your business a few times just to survive. Instead of allowing the deficit to hit hard, Nakiya moved the company quickly to provide the same solution, just to a more ideal market. To fit the times and maintain their properties they began opening their doors to college students who were put out because of the pandemic but couldn't get flights home and needed to stay in town for the long term. 

In this episode, Nakiya opens up about how she knew when to shift, how they decide how to price the rent during this time, and who she's learned from when it comes to creating cash flow off of short rentals.

This episode is eye opening and proofs that you can still make money in a down turn as long as you are able to shift your product or services to provide a solution to current problems many face. 

RESOURCES LISTED IN THIS EPISODE:

Coki Housing LLC
www.cokihousing.com
[e-mail]

Short-rental education:

https://www.youtube.com/channel/UCvwmrPfn8ff-rTlc9YoH7Bg

https://youtu.be/DaaCFGHOPQA

https://www.youtube.com/channel/UCXaGl7DGyzvVXDwyyBoE0Gw

https://www.facebook.com/nana.nyarko

 

 

 

Coki Housing LLC
www.cokihousing.com
[e-mail]

https://www.youtube.com/channel/UCvwmrPfn8ff-rTlc9YoH7Bg

https://youtu.be/DaaCFGHOPQA

https://www.youtube.com/channel/UCXaGl7DGyzvVXDwyyBoE0Gw

https://www.facebook.com/nana.nyarko