First Short Term Rental

[Dale Miller]

Investment Info:

Single-family residence buy & hold investment in Gatlinburg.

Purchase price: $292,000
Cash invested: $30,000

Short Term Rental Gatlinburg, TN

What made you interested in investing in this type of deal?

Listened to the podcast with Avery Carl

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

2nd Home Loan

What was the outcome?

Holding as a Vacation Rental

Lessons learned? Challenges?

First time investing long distance sight unseen, went very smooth. Julie McCoy did a great job helping us get the property.
Once we got the property we did take a little too long before we got it up and listed but we will know for next time.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Agent- Julie McCoy - Short Term Shop
Lender- Parker Borofsky