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User Stats

7
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2
Votes
Jacqueline Vasquez
Pro Member
  • Real Estate Agent
  • Ridgewood, NJ
2
Votes |
7
Posts

STR in Tennessee

Jacqueline Vasquez
Pro Member
  • Real Estate Agent
  • Ridgewood, NJ
Posted

We are interested in possibly investing STR in Tennessee. Can you send me your thoughts on which cities you think are best for STRs.

  • Jacqueline Vasquez
  • User Stats

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    2,919
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    Collin H.
    Pro Member
    #4 Short-Term & Vacation Rental Discussions Contributor
    • Property Manager
    • Gatlinburg, TN
    2,919
    Votes |
    2,072
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    Collin H.
    Pro Member
    #4 Short-Term & Vacation Rental Discussions Contributor
    • Property Manager
    • Gatlinburg, TN
    Replied
    Quote from @Jacqueline Vasquez:

    We are interested in possibly investing STR in Tennessee. Can you send me your thoughts on which cities you think are best for STRs.


     It all depends on what sort of deal you are thinking.  Vacation rental?  The Gatlinburg area for sure.

  • Collin H.
  • [email protected]
  • 806-672-7102
  • User Stats

    536
    Posts
    263
    Votes
    Mya Toohey
    • Real Estate Agent
    • Tampa Florida
    263
    Votes |
    536
    Posts
    Mya Toohey
    • Real Estate Agent
    • Tampa Florida
    Replied

    Tennessee is a great place.  I have clients that just built a unit there and it is doing great.  Theirs is in Sevierville TN.  Just a thought to take a look at.  

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    User Stats

    11,985
    Posts
    14,341
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    John Underwood
    Pro Member
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    14,341
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    11,985
    Posts
    John Underwood
    Pro Member
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    Replied

    Wears Valley, Pigeon Forge, Gatlinburg. 

  • John Underwood
  • User Stats

    7,557
    Posts
    6,064
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    Michael Baum
    Pro Member
    #2 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
    6,064
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    7,557
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    Michael Baum
    Pro Member
    #2 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
    Replied

    Hey @Jacqueline Vasquez, I think everyone said it best.

    It is hard to go wrong with the Gaitlinburg, Pigeon Forge, Seiverville areas.

    Wears Valley as an extension. Crosby as well (from what I have read).

    Prices are still quite high so you have to buy right and in the right area in order to stay profitable.

    User Stats

    7
    Posts
    2
    Votes
    Jacqueline Vasquez
    Pro Member
    • Real Estate Agent
    • Ridgewood, NJ
    2
    Votes |
    7
    Posts
    Jacqueline Vasquez
    Pro Member
    • Real Estate Agent
    • Ridgewood, NJ
    Replied

    Thank you all! 

  • Jacqueline Vasquez
  • User Stats

    1,266
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    745
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    Brooklyn McCarty
    Pro Member
    • Investor
    745
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    1,266
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    Brooklyn McCarty
    Pro Member
    • Investor
    Replied

    The Great Smoky Mountains! My husband and I have four there, we love it in The Smokies. I work with The Short Term Shop and they specialize in helping investors purchase and learn to run and manage their str's. 

  • Brooklyn McCarty
  • User Stats

    200
    Posts
    76
    Votes
    Zachary Cain Humphrey
    • Investor
    • Kentucky
    76
    Votes |
    200
    Posts
    Zachary Cain Humphrey
    • Investor
    • Kentucky
    Replied

    Depends on your budget. Norris Lake is proving to be a great market. Townsend TN is doing well. Smoky Mountains like Gatlinburg and Pigeon Forge is just too competitive and expensive for most to do well there. Areas around Chattanooga are doing very well also from what I know. 

    User Stats

    4
    Posts
    1
    Votes
    Replied

    Check around the Chattanooga area. Within the city can be a challenge, but surrounding areas within an hour have a lot of potential.

    User Stats

    2
    Posts
    1
    Votes
    Ryan Palmer
    • Realtor
    • Knoxville, TN
    1
    Votes |
    2
    Posts
    Ryan Palmer
    • Realtor
    • Knoxville, TN
    Replied

    My wife and I have a nice little STR at Norris Lake and love it there. We're also KW real estate agents that know the lake very well and have an experienced STR property manager we can introduce you to. Let me know if we can help.