Asheville Market for Long/Short term rentals
Hello!
We've been looking to purchase a 2-3 unit property in Asheville, NC. We will be living in one unit for a year while renting the other(s) out. I hear a lot of people renting out the units for short term rather than long term. I would love to hear your experience with either in this area.
I'm also looking to find average rents for 1,2, and 3 bedroom properties. Both short and long term. I've looked on Rentometer and it tells me a very different number than the rents I'm seeing listed on homes for sale. Would love to get a better idea of the market to make my analysis of the properties I'm looking at more accurate.
If anyone has any recommendations for a realtor in Asheville that has experience working with investors specifically and is willing to work with someone out of state please let me know! I'm not convinced the one we found has worked with investors before despite saying she has. I know it's a tough market, but everything we've seen is leaving us with minimal cash flow and a low return.
Thanks so much!