This is a great question! We are asked this every day by people looking to own vacation rental property in the Smokies. Here are some of the tips we share. 1. Start by determining your goals In fact, it would be great to write them down before you begin your search. When you are in the middle […]
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What to Expect when Financing your Vacation Home. It is very similar to financing your primary residence. But there are some differences; let me share a few. The first thing you may notice is that the mortgage rates are a bit higher for investment properties than for the home you live in. Sometimes the rate for
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We are often asked, “How hard is it to maintain a rental cabin, and what are the keys to doing it right? Well, that can vary greatly depending on what you purchased. Let’s address new construction first. New cabins, of course, do not require as much maintenance, but they still need attention. This is especially
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Outfitting a cabin can be one of the most fun things you will do as an investor. There are so many options to choose from, and you can let your creativity shine. However, a few things can help you be the most successful. Here are the top 5 things to remember when outfitting your investment
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Keys to a Successful Rental Cabin Rental cabins have been popular among tourists visiting the Smoky Mountains for the past 30 years. However, some things have changed. What tourists were looking for 30 years ago is not what they want today. If you are going to do well in this investment market, you must stay
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A new construction project in the Great Smoky Mountains continues to be the best investment option! With cabin values soaring and record-breaking rental revenue numbers, the strongest use of your investment dollars is to build the perfect cabin. This last year we saw some pretty challenging results from Covid in terms of supply and
New Construction Update Read More »
Market Snapshot: Despite the challenges of this last season, we are having a record year in visitation to our area. Rental revenues are breaking records, and there is a lot of new construction! It is an excellent time to look at purchasing a second home if you are willing to build it! It is not
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What a challenge 2020 was for the world! And this time I am not dramatic! What a grand time to launch a resort- not! But despite it all, a dozen cabins have closed, and groundbreaking has begun at Lake Haven, and soon we should be able to open front doors and walk out onto decks
To say 2020 brought many unexpected changes is an understatement. However, as we enter 2021, we have a great deal of positive momentum. The “Great Smoky Mountain Vacation Runaway” would be a great title for 2020! We became the destination of choice! Once we were past the late spring COVID-19 lockdown, the race to the
As we move through the second half of the year, many of the people who contact us about buying cabins first ask if the challenges from COVID have affected the market. It’s a great question, and something we are constantly monitoring. The answer, though, is not really. The condition we were in with our market
A look at the second half of 2020 in Smoky Mountains real estate Read More »
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