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Investment

Investment Property Buying Process

The investment property buying process involves hiring a local REALTOR®, getting pre-approved for a loan, touring properties, submitting and negotiating strong offers, and completing inspection and appraisal before closing to start earning income.

Step 1: Hire a REALTOR®

Hire a professional who knows the Smoky Mountain Market & understands STR rentals

Step 2: Get Pre-Approved

Understand what you can afford and what returns you will need to “make the numbers work.”
Explore loan product options

Step 3: Tour Properties

Investigate local investment properties and find the one of your dreams with best ROI

Step 4: Submit an Offer

Use market knowledge and price of competing Cabins to make strong offers

Step 5: Offer Accepted

Negotiate terms to the satisfaction of both parties.
Interview Prop Mgmt Co, unless self managing

Step 6: Inspection & Appraisal

Make sure properties are in good condition and worth the price offered

Step 7: Closing Day!

Sign the final paperwork and get the keys to your new cabin.
Start earning $$

Your Investment Journey Starts Here

Ready to navigate the Smoky Mountain investment property market with confidence? Download our comprehensive guide, "Smoky Mountain Investing 101," for a deeper dive into the process and expert insights to help you succeed.

Learn More