New to Real Estate · Naples Florida · Member since 2021 · 2 posts · 3 votes
Hey guys. So I’m building a cabin up in north Georgia mountains. We close on the loan in a few days. I will be putting it for rent as a short term rental. What steps do you guys believe I should take now. Start Llc? My loan is for $ 233,000 at 2.875 interest rate 31 year conventional loan. Just had property appraised and it came back as $298,000. I really appreciate all guidance. I’m new to real estate and really enjoy the help of bigger pockets
Pigeon Forge, TN · Member since 2020 · 102 posts · 69 votes
4y
Make sure you have a good handle on your team and processes. Hire a professional photographer for pictures, find a good cleaning team and handyman, make sure you are comfortable with whatever management platform you will be using to communicate with everyone. Good luck!