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Updated over 3 years ago on . Most recent reply

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Who has invested in Gatlinburg?

Forest Rainwater
Posted

I have been looking at the Gatlinburg TN market for one of my next purchases. I plan on remotely managing it. Has anyone done this, and if so how was your experience? My goal is to create cash flow to roll back in to more passive investments. Any input is appreciated!

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Kyle Smith
  • New to Real Estate
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216
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Kyle Smith
  • New to Real Estate
Replied

2019 thru mid 2020, a 2 bedroom cabin with a view was $250-325k, 3 bedroom roughly $300-425. Now 2 bedroom with view $650-850k, 3 bedroom $700-950k. I got stuck in paralysis by analysis and missed the ship. I was determined, so I’m building a 3 bedroom luxury pool cabin in Gatlinburg, but I’ll likely not build here again and buy an existing cabin on the emerald coast.

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