New Member from Bryson City, North Carolina

New Member from Bryson City, North Carolina

Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes

Hello Bigger Pockets,

My name is Kyle Henry and I am from the thriving metropolis of Bryson City, NC (approx. population of 1500), which is located about an hour southwest of Asheville, NC at the foot of the beautiful Great Smoky Mtn. National Park.  I have had an account for a couple of years and have finally decided to make the plunge after listening to the podcasts and the constant call to action has finally resonated.  

I currently work as a project manger for a small construction company and am actively working part time with my partner in our real estate company.  We are in the final stages of refinancing our first project which is just ending its third year.  We purchased a lot in city limits with a mobile home which we rented for a short time before selling it to begin construction of our first duplex.  We then subdivided two additional parcels and built another duplex and a fixed foundation tiny home.  We are renting the duplexes on yearly leases and are self managing the tiny home as a nightly rental through AirBnB.  We are in the final stages of refinancing and are excited to move forward with our next projects.  

With our extensive construction background we are actively seeking raw land, flipping projects, or rehab projects on parcels that can be subdivided to yield addtional building lots.  We have had tremendous feedback from our first project and are excited for 2016 and creating new opportunities and partnerships to bring our vison to fruition.  

Looking forward to being a member of the community!

Thanks,

Kyle Henry

Our finished first project!!!  Our tiny home nightly rental and our two duplexes in the background.

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Property Manager · SF Bay Area, CA · Member since 2014 · 46 posts · 16 votes
10y

@Kyle H., welcome to BP! 

Wow, your tiny home is gorgeous! Love the layout and design. Is this your first tiny home construction? What were the total costs and labor hours involved? 

I wish that there were a tiny home manufacturer out here in Hawaii as I imagine that there would be a huge demand.

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  • Asheville, NC · Member since 2015 · 83 posts · 19 votes
    10y

    Hello from Asheville Kyle.  Great tiny home!   

  • Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
    10y

    Shirley, 

    I appreciate the compliment.  We will actually be starting a similar tiny home in West Asheville on Westwood Place in the next month or two for my partners sister in law.  We also do rehab work if your in the market for any construction help. 

    Thanks,

    Kyle

  • New to Real Estate · Charlotte, NC · Member since 2015 · 177 posts · 69 votes
    10y

    Hi @Kyle H. welcome to the BiggerPockets community, great place for RE investing resources. Much success to you!

  • St Thomas, Ontario · Member since 2015 · 136 posts · 33 votes
    10y

    Welcome to BP. We absolutely love that area and are looking to buy over near Robbinsville.

    Bryson City isn't too far from there. 

    Can I ask your VRBO # and what your occupancy rate is?

  • Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
    10y

    @john turner 

    We just went live with AirBnB before Christmas, we are currently working on setting up our VRBO account.  Not sure if they will allow it but this is the link to our tiny home on AirBnB.

     https://www.airbnb.com/rooms/10058229?s=LYg_VBr0.  

    We have been really happy with AirBnB so far and will probably be on VRBO within the next week.  Our occupancy rate at this point would probably be in the 15-20% range, but we are just over one month into doing this and have recently started to get considerable traffic after our first reveiws came in, and we have been getting bookings into the fall.

    Robbinsville offers some really good value on certain properties.   I would say the rental season is much shorter than Bryson City's due to not having the train traffic in the post leaf season, but it is certainly pretty over there.  Joyce Kilmer is one of our favorite places to go, and in my younger days I would paddle the Cheoah which is an amazing river.  

  • Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
    10y

    @Account Closed

    Thanks for the welcome, I am really looking forward to being here!

  • Property Manager · SF Bay Area, CA · Member since 2014 · 46 posts · 16 votes
    10y

    @Kyle H., welcome to BP! 

    Wow, your tiny home is gorgeous! Love the layout and design. Is this your first tiny home construction? What were the total costs and labor hours involved? 

    I wish that there were a tiny home manufacturer out here in Hawaii as I imagine that there would be a huge demand.

  • Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
    10y

    Thanks @Ally H. for the positive feedback on the tiny home.  My partner and I have been building custom homes for the last 10 years but this was our first tiny home.  The footprint is 16x24 with a 1x8 bumpout.  Total square footage was roughly 400 on ground floor and 100 in the loft.  We basically pulled a drawing from the internet of an exterior elevation we liked and then designed the interior ourselves.  Total cost of the build was approximately $80000 and then an additional $5000 to furnish and stock the home to be ready for a nightly rental.  The $80000 did not inculude our normal contractors fee and was the cost for labor and materials.  In terms of labor hours it is slightly difficult to say because we were building a duplex next door at the same time and we were working on both of them depending on which stage of the project we were in.  I would say if we were solely concentrating on the tiny home we would have been in the neighborhood of a two month build.   

  • Malvern, PA · Member since 2016 · 25 posts · 4 votes
    10y
    Originally posted by @Kyle H.:

    Shirley, 

    I appreciate the compliment.  We will actually be starting a similar tiny home in West Asheville on Westwood Place in the next month or two for my partners sister in law.  We also do rehab work if your in the market for any construction help. 

    Thanks,

    Kyle

    Love your tiny home project!

  • Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
    10y

    Thanks @Cindy Gerson, good luck with finding your first property!  Love Malvern, I am a 1994 graduate of Great Valley HS (go Patriots) and have a lot of great memories from the area.  

  • Malvern, PA · Member since 2016 · 25 posts · 4 votes
    10y

    Are you kidding? That's crazy, that's where my kids go. If you ever come back I would love this tiny house or 2 on my lot, I live on almost 5 acres with a pond and have often thought these work great as Airbnb's. 

    I'll follow you to see your progress.

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