Recently I read a Forbes article that said those who have considerable wealth entering 2023 will favor purchasing real estate investments, particularly “legacy” properties – second homes that will diversify their portfolio and allow their families to enjoy the investment. I couldn’t agree more! Some interesting facts below as to why: Real estate can provide […]
Why Buy Real Estate Instead of Stocks & Bonds Read More »
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
Expectations for Rentals in 2023 Read More »
Our Next Market will be a Balanced Market One thing is for sure: real estate is never boring! That is even more true here in the Great Smoky Mountain market where second homes and investment properties, meaning cabins, mix up what one might think of as a more normal residential market. Even though vacation cabins
There is one big hairy question right now that is top of the mind for our clients! WHAT IN THE WORLD IS HAPPENING IN THE MARKET? I am going to answer to the best of my ability as I have a front row seat. The local market hit an all-time high in February 2022. It
August 2022 Market Update Read More »
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
How Do I Choose a Great Vacation Home Read More »
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
Financing Your Vacation Home Read More »
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
Outfitting Your Investment Cabin Read More »
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
Keys to Successful Rental Cabins Read More »
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 »
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