Knoxville Multi Family Investors

[Chukwudi Motanya]

Hi all,

Just came back from a trip from Knoxville and on the surface it seemed like a great town. Is there a multi family investing presence in this area? Does anyone specialize in the Knoxville area? How has your experience been to date?

Best,

Chudi

[Avery Carl]

I specialize in investing about 30 minutes south of Knoxville in the Smoky Mountain area (Gatlinburg and Pigeon Forge) of Tennessee.  I specialize mostly in short term vacation rentals and there is much money to be made in the short term market there.  I have been interested in expanding my long term portfolio as of late (I live in Nashville, and had been looking in this area, where I have 2 LTR's), and after some research found that there is an serious shortage of long term rentals in the Smoky Mountains BECAUSE of all the short term rental traffic.  There is virtually nowhere for the locals to rent.  Not Knoxville, like you asked, but thought I would throw in my two cents since it's nearby.