Is Second Home Ownership in Your Future?
Vacation Retreat/Rental Investment Opportunities
Savvy investors often diversify their portfolios by investing in the vacation rental market. And many of those investors purchase rental property in the Great Smoky Mountains of Western, North Carolina.
In addition to the Great Smoky Mountains National Park being the most visited park in the world, the immediate area is full of recreational opportunities. More vacationers seek out their dream of that semi-secluded mountain getaway located in a beautiful natural setting far from the crowded cities, but still close to a rich array of outdoor activities. Swain, Jackson and Graham counties are just those places.
It’s a simple formula: You own, and use as needed a beautiful vacation chalet with unsurpassed long range mountain views, or a quiet creek-side cabin while someone else helps pays your mortgage.
Maggi Hutchison, Broker-In-Charge and Director of Marketing, from Great Smokys Cabin Rentals states; “Rental property is perfect for the second home owner because someone else pays for their investment. Over the years we have seen more visitors buying rental properties, and their individual income increasing due to repeat visitors and from their referrals. And, owners have peace of mind knowing their property is being taken care of and with this care, their property values appreciate.”
Cindi Duncan, a real estate investor states “My husband and I fell in love with Bryson City and the surrounding area. Seeing the investment potential, I began building log homes and chalets to use as rental properties. This area is a destination that has everything visitors look for, which has made it a successful investment decision. Bryson City is a breath of fresh air, compared to the sluggish real estate market that we see elsewhere. Having built several investment homes, from Hawaii to the Caribbean, I feel that the Bryson City area continues to be a great choice for investments and enjoyment.
If your future second home property is mostly for investment purposes, ask about our Great Smokys Cabin Rental business (an affiliate of Prudential Great Smokys Realty and the premier cabin rental company in Bryson City), as well as the importance of peace-of-mind as an absentee owner.
Call us for detailed information on your rental income potential now!
Tips for Selecting Your Best Real Estate Professional
Technology has changed the way consumers to business. The real estate industry is no exception. A recent study shows 77% of homebuyers use the Internet during their property search. However, most agree that when it comes to buying or selling a home, a transaction of this magnitude requires the guidance of a professional. In that same study, 90% of buyers and 87% of sellers use a real professional during the process.
You’ll want to choose the best real estate professionals for your individual needs. Your sales professional should explain the entire process up front. You should ask questions that will display the sales professional’s experience, knowledge and motivation to help you. Questions such as: Are you familiar with the areas I am considering? What types of properties do you usually handle? How many properties have been listed and/sold by your offices?
Prudential Great Smokys Realty has been the #1 Real Estate Office in Swain County and Graham counties for over 5 years, touting the # 1 Top Agent for Sales, Marty Huskins, in our MLS (multiple listing service) for 2010.
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