Interest rates are a critical factor for all types of real estate investors, but they are particularly impactful for short-term rental investors. When the Federal Reserve cuts interest rates, it influences not only the cost of borrowing but also the broader economic environment. Understanding how these changes can affect your investments is essential [...]
Introduction: The Shifting Sands of Airbnb’s Marketplace In the ever-evolving landscape of the sharing economy, few platforms have made as significant an impact as Airbnb. Recently, however, this titan of short-term rentals has stirred up a sandstorm with its decision to remove 5,000 experiences from their platform. This move is not just a mere [...]
What's New in Investment Loans? A Chat with Mortgage Pro Debbie Hill I recently had the opportunity to meet with Debbie Hill, a local lender at Mortgage Investors Group. Our discussion revolved around the current lending market and the options available for investment and primary home buyers. Originally from Georgia, she made the move to [...]
Profitability of Short-Term Rentals in the Smokies Broken Down Analyzing the Financial Viability of Short-Term Rentals in the Smokies Hey there! I'm Gracie Mayfield, an agent here at Local Realty Group. When I work with my buyers, I always ask them to ask themselves one question: "If you were a guest here and never stepped [...]
The Smoky Mountain STR Market in 2023: Strong and Resilient If you've recently considered real estate investment in the picturesque Tennessee Smoky Mountains, you've likely encountered mixed reports about the state of the market. While some headlines have raised concerns about declining revenues in short-term rentals, experienced managers have a different story to tell. [...]
5 Questions Every STR Investor Should Ask 1. Self-manage or management company? As much as I am a fan of black and white answers, this answer lives in the gray area. The decision to self-manage or enlist the services of a property manager is contingent on individual circumstances and preferences. Self Managing: Self-managing your [...]
10 Things to Do After Buying a Short-Term Rental in the Smoky Mountains Are you the proud owner of a short-term rental property in the picturesque Smoky Mountains? Congratulations on your investment in one of the most sought-after vacation destinations! Now that you've secured your property, it's time to roll up your sleeves and [...]
The Smoky Mountains are a popular destination for tourists from all over the world. With their picturesque landscapes, endless opportunities for outdoor activities, and abundance of wildlife, it's no wonder that the area is a hot spot for vacation rentals. If you're interested in purchasing a short-term rental in the Smoky Mountains, there are several [...]
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