Updated about 1 year ago on . Most recent reply
First STR - Sevierville / Smokies
Looking to purchase an STR in Sevierville / Smokies. It will be our first one. How has the market held up? Research is showing my that top perform STRa with good amenities, location, and reviews will be fine.
I am seeing lots of cabins sitting on the market, with drastic price cuts. Has me worried about what the exit of a purchase would look like.
Any thing else I should be thinking / asking about?
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#3 Short-Term & Vacation Rental Discussions Contributor
- Tampa, FL
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#3 Short-Term & Vacation Rental Discussions Contributor
- Tampa, FL
I would recommend:
1) Talk to the @Collin Hays. He is a big contributor here and is a PM in the Smokies.
2) If after talking to him you are still interested, find an expert agent who focuses on STR to help in the search.
3) Have reasonable expectations, it is a competitive market.
Good luck!
- Andrew Steffens
- [email protected]
- 813-563-0877
