Blue Ridge Georgia Short Term Rentals
Hello, this is my first post on Bigger Pockets! I'm a newbie investor after lurking for some time on here. My name is Jay and my wife and I have chosen the Blue Ridge Georgia area to begin our investing strategy with short term rentals (Vacation rentals). I have appreciated the wisdom on these forums and am hoping there's someone with experience in the Blue Ridge area that could help me with a few questions:
- Is there a signifiant revenue advantage in choosing Blue Ridge over Ellijay? It seems like Mineral Bluff and Cherry Log mirror Blue Ridge, but I'm a little unsure about Ellijay. We've stayed in multiple places in that area over many years and I don't know if I really noticed a difference in pricing.
- Does anyone have experience in the Helena/Suches area? Is it too seasonal?
- How much more is it worth investing in a 4 or 5 bedroom over a 2-3 bedroom? Is there a general rule of thumb on how much more you will get on your return for extra bedrooms? Should one spend more money to get a top notch 2 or 3 bedroom or a good-but-not-spectacular four bedroom?
Thank you so much!
Jay