All Forum Posts by: Laura Tokgozoglu

Airbnb in Lynchburg is a slam dunk! You will do well!

@Joe Nguyen- They are all doing well. They have appreciated nicely over the past 5 years and rents have also gone up. They are all long term rentals. My daughter and her husband have an airbnb that has been booked solid. 

Yes we have 3 condos and 1 town home. My daughter has a rental and her inlaws have 2, one is an airbnb. We are long distance landlords and use Priority One to manage. I have a lot of posts on it if you want to read them I think you can do a search. In a nutshell, Lynchburg is an awesome place to invest and now is the time if you want to get in early on the upcoming appreciation . So many good reasons to invest there.

Thank you! Great post and great information and suggestions.

Lynchburg Virginia,

I have many posts on the attraction of investing in Lynchburg. Great booming affordable college town with amazing airbnb possibilities.

If you have a choice as to where to invest, might I suggest Lynchburg, Virginia? Airbnb is so hot there due to many things...big online university Liberty has people coming in all year round for internships and short classes that they must take for a degree. Affordable, pockets of crime but everything is Gentryfying, people are fixing it all up, downtown river front is being heavily invested in.We are out of state now, however plan to retire there and continue building our real estate empire. We use Priority One Property management and Mickey Hertzing Realtor.

We have 4 rentals in Lynchburg and know the market. I do not think prices are going to go down in Lynchburg. Remember all Real Estate is local and even if this is a bubble, which I do not think it is, I think that prices in Lynchburg stabalize over the next couple of years but do not come down. I think they will continue to go up, not at the same meteoric price however. I would not expect to get in cheaper. Lots of buyers are going the Airbnb route which is absolutly crazy hot in Lynchburg. Town has many strong businesses and industries as well as colleges.

Hello ,

We have 4 rentals in Lynchburg,we are out of state investors living in MD. We think Lynchburg is an amazing place to invest. Lots of industries, Colleges, and the prices are low enough that there is room for some nice appreciation. Lots of revitalization on the riverfront. We have a great realtor and a good property management team if you need anyone like that.

We live in MD but have 4 rental properties in Lynchburg. Very happy with these! We own 3 condos in CornerStone area and a townhouse in Wyndhurst. We use Priority One property management  and have been happy with them. Mickey Herzing is our realtor and  First Bank and Trust is our lender. It has been a good place to do some long distance rentals. Our daughter and her husband live there and we are planning to retire there in a couple of years and continue to invest in Rentals and Airbnb type properties.

Welcome! Lynchburg has been a very good place to invest for us!