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Jason Harty
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  • Contractor
  • Long Island, NY
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Lake Norman, Mooresville, NC - In contract for our first STR!!!

Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Posted Oct 29 2022, 11:42

Hey all!

It is with super excitement that I share that my wife and I are in contract for our first investment home that we intend to rent out on a short-term rental basis. The property is located on the beautiful Lake Norman in Mooresville, NC. The property is located just 30 minutes north of Charlotte and just a few minutes off of I-77. The property is a SFH outside of any HOA and we are purchasing from the original owners of 30 years. The property can use a little TLC, but not much at all. I am a contractor by trade and will be doing any renovations myself quickly to get the property listed for use ASAP.

I would love to speak with people in the Lake Norman area that are currently renting on a short term basis and learn from what you are doing.  Thanks to all who comment or reach out!

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Tyler Solomon
  • Lender
  • Austin, TX
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223
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Tyler Solomon
  • Lender
  • Austin, TX
Replied Dec 28 2022, 07:09

Jason - Beautiful Property! I spent a lot of time on Lake Norman during my college days at Davidson (just down the road from you!). Lot's of beautiful homes out there! How has this been performing for you so far?

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Princess Small
  • Charlotte, NC
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Princess Small
  • Charlotte, NC
Replied Dec 28 2022, 08:55
Congratulations!
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Jason Harty
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  • Long Island, NY
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Jason Harty
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  • Contractor
  • Long Island, NY
Replied Dec 28 2022, 08:55
Quote from @Princess Small:
Congratulations!

 Thank you!!

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Jason Harty
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  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied Dec 28 2022, 08:56
Quote from @Tyler Solomon:

Jason - Beautiful Property! I spent a lot of time on Lake Norman during my college days at Davidson (just down the road from you!). Lot's of beautiful homes out there! How has this been performing for you so far?

We’re not listed for bookings yet, just started the reno today!! 

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Frank Ygarza
  • Investor
  • Dallas, TX
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Frank Ygarza
  • Investor
  • Dallas, TX
Replied May 25 2023, 07:08

Jason - Curious to see if you've completed the reno and have started to take bookings. 

Currently I'm in the Dallas market but considering making the move into NC to get into an STR in LKN or possibly another lake in the area.

Any insight? 

Thank you

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Simon Lee
  • Investor
  • Sonoma County
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Simon Lee
  • Investor
  • Sonoma County
Replied May 25 2023, 09:28
Quote from @Jason Harty:

Hey all!

It is with super excitement that I share that my wife and I are in contract for our first investment home that we intend to rent out on a short-term rental basis. The property is located on the beautiful Lake Norman in Mooresville, NC. The property is located just 30 minutes north of Charlotte and just a few minutes off of I-77. The property is a SFH outside of any HOA and we are purchasing from the original owners of 30 years. The property can use a little TLC, but not much at all. I am a contractor by trade and will be doing any renovations myself quickly to get the property listed for use ASAP.

I would love to speak with people in the Lake Norman area that are currently renting on a short term basis and learn from what you are doing.  Thanks to all who comment or reach out!


 Congratulations!  Best of luck on the reno!  Would you recommend the realtor you used?  I'm considering investing in two properties this year in the NC/triad area and Mooresville is very compelling to me.  

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Jason Harty
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  • Contractor
  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 25 2023, 09:31
Quote from @Frank Ygarza:

Jason - Curious to see if you've completed the reno and have started to take bookings. 

Currently I'm in the Dallas market but considering making the move into NC to get into an STR in LKN or possibly another lake in the area.

Any insight? 

Thank you


 Reno has been completed and lots of reservations on the books! I’d love to connect more about the area with you if you’re up for it! 

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Jason Harty
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  • Contractor
  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 25 2023, 09:32
Quote from @Simon Lee:
Quote from @Jason Harty:

Hey all!

It is with super excitement that I share that my wife and I are in contract for our first investment home that we intend to rent out on a short-term rental basis. The property is located on the beautiful Lake Norman in Mooresville, NC. The property is located just 30 minutes north of Charlotte and just a few minutes off of I-77. The property is a SFH outside of any HOA and we are purchasing from the original owners of 30 years. The property can use a little TLC, but not much at all. I am a contractor by trade and will be doing any renovations myself quickly to get the property listed for use ASAP.

I would love to speak with people in the Lake Norman area that are currently renting on a short term basis and learn from what you are doing.  Thanks to all who comment or reach out!


 Congratulations!  Best of luck on the reno!  Would you recommend the realtor you used?  I'm considering investing in two properties this year in the NC/triad area and Mooresville is very compelling to me.  


 Thanks so much for the well wishes Simon. We had excellent experiences with our whole process. Let’s connect to discuss more! 

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Robert T. King, Sr.
  • New to Real Estate
  • Mooresville NC
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Robert T. King, Sr.
  • New to Real Estate
  • Mooresville NC
Replied May 25 2023, 10:48

Awesome Congratulations!!!

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Michael Baum
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
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Michael Baum
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied May 25 2023, 18:58

Very cool @Jason Harty! Post the links to the listings so we can check it out!

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Jason Harty
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  • Contractor
  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 26 2023, 22:40
Quote from @Robert T. King, Sr.:

Awesome Congratulations!!!


THANKS!  

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Jason Harty
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  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 26 2023, 22:40
Quote from @Michael Baum:

Very cool @Jason Harty! Post the links to the listings so we can check it out!


 https://airbnb.com/h/followthe...

Here you go!!

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Paul Chapey
  • Investor
  • Canyon Lake, CA
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Paul Chapey
  • Investor
  • Canyon Lake, CA
Replied May 27 2023, 08:57

Nice job on the rehab. No wonder I see more traffic going down Isle of Pines. 😊

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Michael Baum
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#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
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Michael Baum
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#2 Short-Term & Vacation Rental Discussions Contributor
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Replied May 27 2023, 12:20

Thanks @Jason Harty! Looks really nice! I am not sure if you are looking for notes or not, but I would add more art to the wall in the bedrooms. Splashes of color to liven up the space.

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Jason Harty
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  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 27 2023, 15:53
Quote from @Michael Baum:

Thanks @Jason Harty! Looks really nice! I am not sure if you are looking for notes or not, but I would add more art to the wall in the bedrooms. Splashes of color to liven up the space.

Thanks! We have added some art recently. We’ll be reshooting the property later this year. 

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Jason Harty
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  • Long Island, NY
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Jason Harty
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  • Contractor
  • Long Island, NY
Replied May 27 2023, 15:54
Quote from @Paul Chapey:

Nice job on the rehab. No wonder I see more traffic going down Isle of Pines. 😊

Quite a few new STRs down there this year. Where are you?

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Kawthar Suleiman
  • Real Estate Agent
  • Charlotte NC
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Kawthar Suleiman
  • Real Estate Agent
  • Charlotte NC
Replied May 27 2023, 16:22

congrats thats amazing! the house has a ton of charm and potential i"m sure you will crush it!

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Jason Harty
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  • Contractor
  • Long Island, NY
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Jason Harty
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  • Contractor
  • Long Island, NY
Replied May 27 2023, 17:55
Quote from @Kawthar Suleiman:

congrats thats amazing! the house has a ton of charm and potential i"m sure you will crush it!

Thanks!

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Ray J.
  • Middletown, NY
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Ray J.
  • Middletown, NY
Replied May 27 2023, 23:34

Great job on the renovation, and I love the pics! Keep crushin it!

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Heidi Thompson
  • New to Real Estate
  • Orlando, FL
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Heidi Thompson
  • New to Real Estate
  • Orlando, FL
Replied May 28 2023, 01:51

Congratulations!!! My husband and I are looking to do the same thing, however neither of us are contractors :-) that's great you have that skill. Do you mind sharing more of your journey? I've been so overloaded with info since starting with the BP community..should I do a STR, LTR, etc...seems STR are most profitable. Is that why you went with it? Also, did you do it all yourself using things like Airdna, or did you have a coach guide you? Thanks for the posting the numbers in the deal too, that was helpful!

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Jason Harty
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  • Contractor
  • Long Island, NY
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Jason Harty
Pro Member
  • Contractor
  • Long Island, NY
Replied May 28 2023, 11:16
Quote from @Ray J.:

Great job on the renovation, and I love the pics! Keep crushin it!

Thanks bud!