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

As a possible cabin owner, you’re going to have great deals of inquiries on your mind if you’ve decided to purchase and also lease cabins to guests in Pigeon Forge and also Gatlinburg. Just how do you discover the best real estate agent to assist you in acquiring your cabin? Just how much can you perhaps make per year in this line of business? This post addresses these crucial inquiries and gives you with the solutions you require to get off on the right foot.

Just How Much Can You Make?

Working out how much your cabin can make annually is not a precise science as it depends on a substantial variety of factors, such as just how huge your cabin is, just how great your cabin’s listing photos are, exactly how close your cabin is to town and also the neighboring attractions, etc. Property managers can nevertheless give you a pretty decent idea of just how much you can expect to make as they’re privy to the finances of lots of various properties.

Here’s a revenue overview from Avada properties manager, a property management business for cabins in the Pigeon Forge/Gatlinburg area of the Smoky Mountains. It’s based upon their evaluation of countless cabins listed on Airbnb as well as 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

How Do You Locate the Right Property Agent?

First off, the appropriate property agent isn’t simply anybody who has a license. You require somebody that has an excellent amount of experience in this area, and it’s much easier to discover a good one if you ask around. The simplest method to discover an excellent agent is to ask successful property managers for a referral. Nevertheless, if you desire to do the grunt work, below are a few points you need to seek in a real estate agent:

  • They should come across as an expert with good vibes.
  • It is necessary that your agent has a great deal of experience, so pick someone that has completed a lot of deals throughout the years.
  • They must have been resident in the city where you want to buy your cabin for a couple of years.
  • Select an agent that has completed deals in large cities over one that has only marketed and acquired local cabins. They’ll normally be used to being faster-paced and have even more attention to detail.

What Are the Must-Have Services?

The bigger your cabin is, the more amenities it’ll need since you’ll have even more individuals staying in it therefore you’ll need to make sure they have whatever they require to enjoy their vacation. This means making sure there sufficient beds, sufficient restrooms, and more. However there are a few features that, although not entirely essential, would certainly give you an advantage and assist you get even more reservations if you included them in your offer:

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

When prospective guests see these mentioned amongst the facilities your cabin offers, they’ll seriously consider booking your cabin over the competitors.

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

Ready to Start?

If you’re excited and prepared to get a cabin in Pigeon Forge or Gatlinburg, click here to view a thorough list of questions and also answers regarding property ownership in these areas.