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Showing posts with the label rental property

Rents Are Headed Up and That's Good News for Landlords!

Josh Mettle has an excellent post today that also applies to Gatlinburg area real estate.  I know that all of my residential rental properties (all single family homes in the Sevierville area) are leased up and I'm looking for more to purchase.  When rents increase, the market values of these properties will also go up.  Now may be an excellent time to consider owning rather than renting as I do believe that prices for traditional residential properties here in the Smokies (and across the nation) are finally ready to move upward.

Rents Are Headed Up and That's Good News for Landlords!

Josh Mettle has an excellent post today that also applies to Gatlinburg area real estate.  I know that all of my residential rental properties (all single family homes in the Sevierville area) are leased up and I'm looking for more to purchase.  When rents increase, the market values of these properties will also go up.  Now may be an excellent time to consider owning rather than renting as I do believe that prices for traditional residential properties here in the Smokies (and across the nation) are finally ready to move upward.

Houses CAN Pay for Themselves!

We just had a great price reduction on this charming 3 bedroom, 2 bath residence in Sevierville. This starter home, only a few years old, is now priced at $100,000 and it will rent for around $800 per month. With our super low Sevier County real estate taxes (only about $350 total annually!) and affordable insurance rates (less than $500 per year), the total cost of owning this home is very reasonable. With monthly rents of $800 you can net nearly 10% on your investment and that doesn't even allow for any appreciation. Although future appreciation cannot be guaranteed, what else besides real estate do you know that sells for less now than it did 4-5 years ago?? If you would like to learn more about this exceptionally well priced starter or rental investment property please contact us. Click Here to View this Listing

Houses CAN Pay for Themselves!

We just had a great price reduction on this charming 3 bedroom, 2 bath residence in Sevierville. This starter home, only a few years old, is now priced at $100,000 and it will rent for around $800 per month. With our super low Sevier County real estate taxes (only about $350 total annually!) and affordable insurance rates (less than $500 per year), the total cost of owning this home is very reasonable. With monthly rents of $800 you can net nearly 10% on your investment and that doesn't even allow for any appreciation. Although future appreciation cannot be guaranteed, what else besides real estate do you know that sells for less now than it did 4-5 years ago?? If you would like to learn more about this exceptionally well priced starter or rental investment property please contact us. Click Here to View this Listing