3 Common Mistakes When Buying Property Start by starting! Many times, I’ve heard people say they will wait for the market to change, but the truth is that even when one part of the market changes, another adjusts along with it. So until you start the process, you may be missing the real estate opportunity […]
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Winning in the Current Market With interest rates higher than they’ve been in a very long time, many buyers are finding themselves frustrated with the challenge of finding a property within their budget. It hasn’t helped that prices of properties have not dropped to pre-2021 levels. So, just how does a buyer “win” in this
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Buying vs. Building As an investor, should I build or should I buy something already built? This is a great question and one I have been asked frequently over the years! As we move through the current season of real estate, buyers I speak with continue to ask me whether building a new cabin makes
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Why Owning Investment Property in the Great Smoky Mountains is so Affordable! There are a number of state and local government factors that contribute to how well cabins perform as rentals. These are just wonderful for Tennesseans! But they are also fantastic for our friends and family outside of our state that come to invest
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“May you live in interesting times.” It’s one of those famous quotes that no one really knows for sure who said it, but we all know what it means. And for sure, the market is most interesting this year. These are challenging times, no doubt! So, all this affects real estate. In this article, we’re
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I am excited to share with you one of my favorite tax benefits on our Smoky Mountain rental properties. It is called “Accelerated Depreciation.” This accelerated depreciation has been allowed by the IRS for many years, it is just not commonly known. I remember when an accountant friend of mine told me about it. I
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How to Get a Good Deal in this Market The best way to get a good deal in this market is to purchase a property that is underperforming. Of course, you must understand and analyze correctly why it has a lackluster performance. But once you analyze that, you will be able to troubleshoot the issues
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2023: A Good Year to Invest in the Great Smokies In the last few years, the Great Smoky Mountain area has been rated by VRBO, Trip Advisor and others who track short term rental revenues as one of the top 10 places in the United States to invest. One month we were thrilled to find
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Many of us are excited to bring in the new year of 2023. One of the biggest questions we get from our second home owners and our investment cabin community is what does it look like for rental proceeds this next year? This is a great question! Of course, predicting is always an art and
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At the end of every year, I am asked, “I am planning to list this next year. When should I list and how do I prepare?” Great question! If you are considering selling, here are a few tips to help you have the best experience. Do not list during the Christmas holidays, nor the first
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