All Forum Posts by: Jonathan Pacilio

Hello,

Looking for a recommendation for a cleaner and maintenance company to handle an 8 bedroom cabin in the wears valley/pigeon forge area.

Thank you in advance.

Jonathan

Any ideas finding quality indoor/outdoor furniture for pigeon forge cabin rentals outside of the standard local furniture stores.

Any luck with the wayfair/overstocks of the world?

Any othe routes that provide quality pieces?

Thanks in advance!

Not sure if this is the right spot to post but here goes.

Just went under contract on a sfr with a non attached Accessory Dwelling Unit 1 bedroom cottage in the very back of property.

First question - The list price reflected equal sq ft value across the total sq ft of the SFR and ADU combined. Everyone I have talked to said it's unlikely to get appraised that way (for reference I can make good cashflow even at full price). I think this was mistake number 1 by the investor, thinking he could rehab both and get a combined market sq ft price.

If it gets appraised for less, and I think it will, more off the top for me. Anyone experience this and can share what happened on appraisal of a scenario like this?

Second question - haven't had survey yet, but publicly available plot images looks like the ADU and a shed on property are CLEARY over the property line on the neighbors property. Not.....it could be close but what were you thinking distances. Anyone have this scenario play put and what was outcome?

Ive been told by people experiencing this they (current owner) had to reach out and negotiate a piece of the neighbors property to solve it. Any other experiences here on how that played out?

Thanks,

Jonathan

@Lucas Carl

Thanks Lucas, I have already begun this vetting of enemies ;)!

@Ken Boone

Thank you Ken, this is outstanding information. The pool situation you described is extremely helpful as I vet these. I would love to chat further about your experience if that's ok?

Was looking to speak with an investor who owns a 5-6 bedroom cabin in pigeon forge that has an indoor pool? Would like to discuss your experience directly if someone would be willing to share. That is our next potential STR target.

Thanks in advance,

Jonathan

Thank you everyone - this is exactly what I was looking for in terms of a variety of thoughts and possible vehicles.  I will reach out independently to ask further questions on some of these ideas.  Much appreciated!

Hey BP community, I am looking for some creative ideas on what investment vehicles you would explore and try with 30k in a self directed IRA this year.

I am already building a STR portfolio and have separate funds for that. Have a LTR portfolio that is what it is and bores me.

Looking to have a little fun with this amount that might provide me to get solid returns but allow me to learn some new skills working with a new product/avenue.

Any ideas out there? What would you do?

Thanks in advance!

Jonathan

@Avery Carl yes that is Charlotte.

Unfortunately i am not familiar with that area in Raleigh.

@Karen Chenaille

Fyi Findleys is closed