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Updated over 4 years ago on . Most recent reply

Blowing Rock, NC vacation rentals
Has anyone every looked at or own property in Blowing Rock, NC? My wife and I were just there and it is beautiful with some good deals on cabins right on ski mountains or off the Blue Ridge Parkway. We are thinking of investing in a vacation rental. Thanks.
Most Popular Reply
Hello Glen,
I do not own cabins or vacation rentals in Blowing Rock - but do own several student rentals in Boone, NC. So far the investment has paid for itself and is cash-flow positive. Here are my observations
a) 100% occupied for 4 properties for the last 5 years.
b) Property tax is extremely low in Watauga County as compared to other places in Mid-West
c) Low GRM (Gross Rent Multiplier) and high Cap Rate
Hope this helps.
Regards
Tarun