Updated over 5 years ago on . Most recent reply
Setting up one property/Buying Another- Question
I'm setting up a short term rental property (2 studio cabins and 1 duplex) on Wears Valley Road near Pigeon Forge and in negotiations to buy a brand new constructions (3BR and 3BA) that will be complete in a month. However as I do research on other listings in the area on AirBnB, it doesn't seem like much is booked in the coming months (March through Dec.) am I looking at it wrong or do people tend to book last minute. It's a bit concerning. Also concerned about the ramp time to get bookings in the door as I have to pay mortgage and expenses in the mean time. Does anyone have an idea of the time to ramp revenues as well for newly listed properties? Appreciate any help you guys can provide as I've got my whole family (wife and
kids included) helping out....
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@Daniel Green generally a 5 week lead time in this market