Short Term Rental Investment

[Jonathon Howell]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $615,000

Bought a 2-bedroom cabin located in Sevierville Tn as a STR investment property.

What made you interested in investing in this type of deal?

We wanted a STR in the Smoky Mountains market

How did you find this deal and how did you negotiate it?

Located through an agent

How did you finance this deal?

As a vacation home

[Kevin Luttrell]

Congrats Jonathon! 

How is the property performing? 

Are you self-managing or using a PM? 

$615k seems steep for a 2 bedroom in Sevierville. Bought a year or two ago? Is it doing as well as you hoped?