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Updated over 4 years ago on . Most recent reply
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Introducing myself: buy/hold ATL investor getting into STR!
Hello BP!
I wanted to introduce myself. My name is Josh, and I have been investing in long-term rentals in Atlanta for four years. The market's on fire here, so I thought I'd try a new strategy -- vacation rentals in Gatlinburg / Pigeon Forge!
Thanks to Lucas and Avery Carl (top contributors in this forum), I have acquired my first cabin, and we have our 7th guest staying there right now. It's been an exciting journey, and though I am a little nervous about it, I'm also enjoying the ride.
So, just saying 'hello'! Please reach out -- I'd love to connect with you, especially if you are renting cabins / condos / etc. in this area.
Cheers,
Josh Feit
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Welcome @Joshua Feit and congrats. I have two and looking for #3. Spent last night doing the books and my ROI has been incredible. Couple of suggestions if you don't already know -- have Avalara MyLodge handle your local occupancy tax submissions ($20/mo). Use OwnerRez.com for consolidated messaging, rates, email automation, and more. Wix.com for a website if you want to take direct bookings and save on fees, keep your cleaners happy (pay them well and tip at Christmas, etc), join the Smoky Mountain Owners Facebook group which is chock full of helpful people.
Oh, and if your HVAC unit is more than 6-7 years old just replace it. HVAC has been my #1 problem.
Good luck!