Financial Planning for Real Estate

Sometimes I feel like I have the mindset of a 75-year-old… and that’s not just because I love eating at Sperry’s. I am constantly thinking about Real Estate Investing and trying to come up with different ways to someday retire. The reality for so many Americans is that retirement is this far-away dream that you think will just automatically happen one day, but many people don’t actually know how it will work when they get there. The truth is that most of us are not prepared for retirement. We have retirement funds, and we do whatever our company offers for retirement planning. But, we don’t quite understand how that fund is going to get us to a place where we actually can retire. There are rules tied to most of these, such as: you can’t access your money without penalty, you’ll pay huge amounts in taxes to use them, or you must be a certain age to access the funds, etc. If you buy long-term Investment Properties, you can have tangible assets, which can pay you money monthly. Tenants can pay for your mortgage, while you benefit from the property’s equity as it increases over the life of the loan, then you will have a property that’s fully paid off, and rental income forever for your retirement. It can actually be that simple. Want to learn more, and get started on pursuing an Investment Property this year to work towards your financial goals? We’re here to help! Contact your Nashville on the Move Agent today!  

We Bought a Cabin in Gatlinburg

Our family bought a cabin in Gatlinburg. This sounds like something only wealthy people do to show off, but the reality is that this is something we are using to get to retirement more quickly. It is a must for what our goals are for our family long-term. It’s not a glamorous place. It’s a simple cabin that makes financial sense. Here are the numbers:• $820K Purchase Price• Gross Rental Income for 2021 is $118K• Mortgage is 15-Year Fixed at 2.25%• Monthly Gross Rental Income is $9,833• Monthly Expenses are $3,146• Net Rent is $6,686/Month = $80,232/Year Our plan is to redo the floors, the kitchen, the bathrooms, and the decor. We will spend $50K to make it nicer, and raise the rents in 2022. The ultimate goal is to get it to $150K minimum in gross rental income with these updates. Bottom Line: Let us know if you want to do something similar. We have been helping quite a few families do the same thing in the Gatlinburg/Pigeon Forge area. Call or message us today if you want to talk about this as an option for yourself and your family ((615) 738-1550).

Are you an Investor?

People ask me all the time if they were to buy a Rental property, what should they buy? Normally the conversation is followed with quite a few questions about what they would want, in more detail.  What are your long-term goals?  What types of properties would you want to own long-term?  Do you want to flip homes/build homes? If you’re just getting started and looking for a long-term Rental property in this current Market, I tell people that they have multiple options: 1.  Buy a Duplex in the Nashville area: Spend $300K-500K for a Duplex or Triplex that is probably in rough shape, renovate it, and try to get 1% back every month in Rental revenue, if possible. 2.  Buy a Single Family Home or Condo in Nashville: Also try to get to this 1% rule if possible, but this is harder to do. 3.  Buy a Short Term Rental in Nashville: Nashville has some very specific and strict rules about doing this, as many properties are not zoned to be used for Short Term Rental purposes…but, we can help you navigate this so that you can get a Permit and do this successfully. 4.  Buy a cabin in the Gatlinburg area: The highest return we have seen is in Gatlinburg in a Short-Term Rental Cabin, and this is the best ROI we have seen in the last few years – as most of these make 10% to 12% every year.  This is what I would recommend the most right now for a number of reasons. The sweet spot for these cabins are ones with 4-5 bedrooms.  The 4 bedroom cabins are grossing about $80K-100K in Rental revenue, while some of the 5 bedrooms we’ve seen gross between $100K-150K.If you’re interested in learning more about investing, or have Real Estate needs of any kind, our expert Team is here to help you every step of the way!  

Did You Know? We Build Houses.

Updated April 2025 | from Allen Perry Did you know that we build homes?  Let’s be honest, we don’t know how to build anything.  We DO know Real Estate well, and since 2016, we have been finding land to develop and hiring builders to build homes. This started a few years ago when I presented a lot to a client of mine and told him he should build 4 homes on a lot in Woodbine.  He said he couldn’t do it and said, “You should do it!!”  I told him “Wait, I don’t do that.”  After thinking about this for a day, I wrote an offer and was able to secure 4 lots.  Since then, we have built quite a few homes in Woodbine, Wedgewood/Houston, the Nations, Charlotte Park, East Nashville, and Inglewood. The knowledge we’ve gained in the process also helps us to advise our clients when they are selling their current home.  They may be able to get more money or sell the property for development – instead of selling it to another homeowner.  It allows us to be more creative with solutions to help our clients that are wanting and needing to sell. We currently have several projects underway (see below), and it is so fun to watch these projects develop into beautiful homes for so many families! Do you know a good lot for us to develop?  We are always looking for good buildable lots, or older homes that could be torn down to create a new building site.  If you hear of any new lots or potential new building sites, please let us know. Whether you want a consultation on a new construction project you’re already working on, need help finding vendors to work with, or want us to walk with you through the entire building process – we are here to help! See the beautiful properties we’ve built in the links below, as well as photos in the attached gallery. 112 Joyner Ave 515A Moore Ave 515B Moore Ave 1808A Piedmont Ave 1808B Piedmont Ave 3507A Sanford Ave 3507B Sanford Ave 3509A Sanford Ave 3509B Sanford Ave 514A Southern Turf Dr 626A Vernon Ave 628B Vernon Ave 2221B Carter Ave 3508A Sanford Ave 3510 Sanford Ave 1925A Berkshire Dr: sold 1925B Berkshire Dr: sold 2123A Scott Ave: sold 2123B Scott Ave: sold 1809A Tammany Dr: sold 1809B Tammany Dr: sold 2221A Carter Ave: sold pre-construction 1311A Otay St: sold 1311B Otay St: sold 2610A Barclay Dr: sold 2610B Barclay Dr: sold 2926 Glenmeade Dr: sold 2928 Glenmeade Dr: sold 4201A and B Belmont Blvd: FOR SALE 2413A Chapman Dr: sold 2413B Chapman Dr: sold 210A and B Chamberlin St: under construction 2617A Airpark Dr: sold pre-market 2617B Airpark Dr: sold pre-market 514B Southern Turf Dr: sold pre-construction 626B Vernon Ave: sold pre-construction 628A Vernon Ave: sold pre-construction Photo at the top is from 515A Moore Ave (Sold). Office: (615) 760-5393 | Real Broker: (844) 591-7325