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Updated about 2 years ago on . Most recent reply

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James Chung
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In Blue ridge, GA STR

James Chung
Posted

Im newbie at this game but eager to learn and gain some experiences. I was wondering if around 200k cabin that is either 2/2 or 1/1 will make ok cash flow. I know you need to put big money in order to get big money. But since my first investment I want to start small.  let me know what you guys opinion on this.

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I recently bought one in Cherry Log mountain (5 miles from Blue Ridge) and by recent i mean i closed last friday. I dont know about cash flow, but we didnt find a single cabin in that price point that didnt need another big investment to fix it up. Do you have a property that you have located?

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