Quote · BiggerPockets Real Estate Podcast
Where We'd Invest in Real Estate Right Now (12 Markets)
Where this was said
Short-Term Rental Pick #2: Blue Ridge, Georgia (Dave Meyer)
At 21:42 · chapter starts 20:55
Dave Meyer argues for driving-distance STR markets — places families can reach in 2–3 hours without booking a flight. Blue Ridge, Georgia fits perfectly, sitting between Atlanta and Nashville and within reach of Asheville, Charlotte, and even Chattanooga. It shares the appeal of the Smoky Mountains — outdoor activities, a large lake, hiking — but without the supply glut that is currently hammering returns for Smoky Mountain investors. [1] — Dave Meyer "Blue Ridge, Georgia sits between Atlanta and Nashville, drawing visitors from Asheville and Charlotte — without the Smoky Mountains' supply…" 20:50 Too many people bought Airbnbs in the Smokies, and now there's fierce competition for the same demand. Blue Ridge hasn't been flooded yet. Home prices range from $400,000 to $600,000 for quality properties, average daily rates top $350, and the best operators clear $100,000 annually. Meyer's playbook: buy bigger — 4 or 5-bedroom homes — because family-reunion and group-travel demand for larger properties outpaces supply, commanding a premium that justifies the higher purchase price.
Blue Ridge, Georgia STRs have an average daily rate above $300–$350, with top performers earning over $100,000 annually.
Vermont's Morristown (village: Morrisville) offers ski-resort proximity at a fraction of Stowe's prices, with homes in the $385K–$500K range versus million-dollar Stowe properties. Unlike Breckenridge, Morrisville doesn't cap STR permits — a crucial regulatory edge for long-term investors.
