All Forum Posts by: Loriel Keaton

We own 5 rentals in nearby Maggie Valley and our company manages others in Waynesville and Maggie. Our numbers are projected to be the same or better than last year. We stay about 90% occupied.

That said, it has slowed some this year and I would not buy a high priced, turn key home and expect it to be profitable. You need flexibility in your pricing to be competitive. Properties that are well cared for and with good reviews are still doing very well here.

It has been a fantastic area for us.

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Western NC, North Carolina

Hi,

We love this market. We own our own STRs in Maggie Valley and have property management company that also serves Waynesville. Happy to talk more any time.

Good luck!

Loriel

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Western NC, North Carolina

Hey Angelo,

Some fantastic information and food for thought has already been posted here. I just wanted to offer that we own and operate our own portfolio of STR properties in Maggie Valley as well as manage for other owners. If you need more insight and guidance in this particular market, (Maggie Valley/Waynesville), I'm happy to help.

Best of luck!

Loriel

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Knoxville, Tennessee

Feel free to message us. We run an STR business there and are happy to answer questions or help if we can.

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Hey Kelly,

I sent you a message with more information. 😊

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Western NC, North Carolina

Quote from @Kelly Olson:

Does anyone have an investment property in this area? I am looking for investment properties for STR's. I was told that this area and also Bryson City are good areas as they are relatively close to Smokey Mountain National park. I am curious if these areas are seasonal or not. Are any towns in WNC that you would recommend?

Thanks Loriel,

Are we were up in that area a few weeks ago and loved it, based on your experience what do you think we should be looking for in a vacation rental? Are there certain parts of the area that are better than others? I was thinking about a 3/2 bath. Do you generally find your STR's to be booked more in the summer months than the other times of the year? What about local management companies? Can you recommend a good realtor?

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Western NC, North Carolina

Hi. We own and Maggie a numbers of STR properties in Maggie Valley and are happy to help answer questions. Maggie is a great town!

Loriel

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Western NC, North Carolina

Fire pits are a must is our opinion in Maggie.

1 Vote

Awesome. Lots of luck with it! We have renovated a number of homes in the area. Let us know if you need any recommendations or anything.

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All Forum Posts by: Loriel Keaton

Loriel Keaton has started 0 posts and replied 14 times.

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