Rental Cabins in the Pigeon Forge/Gatlinburg Area: A Brief Q&A

As a possible cabin owner, you’re going to have lots of inquiries on your mind if you’ve decided to purchase and rent cabins to visitors in Pigeon Forge and also Gatlinburg. How do you discover the right real estate agent to help you in getting your cabin? How much can you potentially make annually in this line of business? This article addresses these vital questions and gives you with the responses you require to get off on the right foot.

How Much Can You Make?

Working out how much your cabin can make each year is not a precise science as it depends on a substantial variety of variables, such as just how huge your cabin is, exactly how great your cabin’s listing photos are, just how close your cabin is to town and also the nearby attractions, and so on. Property managers can however provide you a pretty good concept of just how much you can anticipate to make as they’re privy to the finances of lots of various properties.

Here’s a profits guide from Avada properties manager, a property management business for cabins in the Pigeon Forge/Gatlinburg area of the Smoky Mountains. It’s based on their analysis of countless cabins listed on Airbnb and also Vrbo:

  • 1-Bedroom: 60-70k
  • 2-Bedrooms: 75-85k
  • 3-Bedrooms: 90-100k
  • 4-Bedrooms: 110-120k
  • 5-Bedrooms: 130-140k
  • 6-Bedrooms: 150-170k

Just how Do You Discover the Right Property Agent?

To begin with, the ideal real estate agent isn’t just anybody who has a license. You require somebody who has a great amount of experience in this field, and it’s much easier to find a good one if you ask around. The simplest way to find an excellent agent is to ask successful realty managers for a recommendation. Nonetheless, if you want to do the grunt work, below are a few things you need to search for in a real estate agent:

  • They should come across as a professional with good vibes.
  • It is necessary that your agent has a lot of experience, so choose somebody that has actually completed a lot of deals throughout the years.
  • They must have been resident in the city where you want to acquire your cabin for a couple of years.
  • Select an agent that has completed deals in large cities over one that has only marketed and bought local buildings. They’ll usually be used to being faster-paced and have even more attention to detail.

What Are the Must-Have Amenities?

The larger your cabin is, the more features it’ll need since you’ll have more individuals living in it and so you’ll need to make certain they have whatever they need to enjoy their vacation. This means making sure there are enough beds, enough restrooms, and more. However there are a few features that, although not totally needed, would give you an advantage and also assist you get even more bookings if you included them in your deal:

  • A hot tub. Your cabin must have at least one hot tub despite how small it is.
  • An entertainment amenity so your guests can have fun indoors without needing to leave the cabin. This can be a foosball table, a pool table, an arcade/multicade machine, an air hockey table, a movie theater room (for larger/family cabins), a video gaming console (Playstation or Xbox), or a combination of these.
  • An indoor swimming pool for swimming.
  • A sauna for sauna baths.

When prospective visitors see these listed amongst the features your cabin offers, they’ll seriously think about reserving yours over the competition.

Here is a great read about how design impacts your rental cabin.

All Set to Get Going?

If you’re excited and all set to obtain a property in Pigeon Forge or Gatlinburg, click here to view a detailed list of questions as well as responses regarding property ownership in these locations.