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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 3 years ago on . Most recent reply

User Stats

32
Posts
23
Votes
Pete Galyon
  • Realtor
23
Votes |
32
Posts

Why BRRR a short term rental is a better option than LTR

Pete Galyon
  • Realtor
Posted

It’s simple.. real simple.. Return on Investment. While your average long-term rental is only going to bring you hundreds of dollars a month, your short term rentals will bring you thousands of dollars a month. We have helped many of our clients acquire properties in the North Georgia Mountains near Blue Ridge and in the Gatlinburg and Pigeon Forge areas as well. The net revenue after expenses and property management can range from 35-60% cash on cash investment in the first year. With the property managers we connect our clients with, second and third year projections only go up from there. Last but not least, our clients have the option to visit and/or gift (family, friends, colleagues) these vacation properties in a few of the hottest markets in the United States. 

  • Pete Galyon

Most Popular Reply

User Stats

919
Posts
1,332
Votes
Ryan Moyer
  • Property Manager
  • Orlando Kissimmee, Davenport
1,332
Votes |
919
Posts
Ryan Moyer
  • Property Manager
  • Orlando Kissimmee, Davenport
Replied

Oh god, Blue Ridge.  Like leading lambs to the slaughter right now.

  • Ryan Moyer
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Cosmic Vacations
4.8 stars
37 Reviews

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