Avery:
Hey y’all, welcome back to another episode of the Short Term Show! I realized we haven’t really done any state or market-specific episodes yet, so I figured that we would do an episode on investing in one of the very few states where you can get both a beach and a mountain property, and that state is the great state of North Carolina. Here to help me talk about North Carolina—or rather to talk about it, since I’m not the expert—I have four total Pro experts in the North Carolina market.

Avery:
We’ll start with Meg. Meg, do you want to introduce yourself really quick?

Meg:
Hi there, everybody! I’m on the Outer Banks of North Carolina. I’ve lived here for about 12 years—beautiful beaches, very family-friendly. I’m raising my child here, but it’s a really great draw. You’ve got a lot of interesting things for folks to do here, and you guys have this just brush on my mind because we took the kids to Monster Jam last year. You have the headquarters for Gravedigger right there.

Avery:
Yeah, yes, we do all of the mud, yes. Oh, you have the dog one too! It’s not just the bog; the muddy bog thing is very, very loud. You need to, if you have littles, have your headphones. Yes, we have my son who really didn’t want to do it, and then he was like, “Okay, I get it now,” when they came out. Anyway, let’s switch to a mountain market. Garrett, introduce yourself real quick.

Garrett:
Yeah, I’m up in the northwest corner of North Carolina. The High Country is a common name for the Boone, Banner Elk, Blowing Rock area. I’m an alumnus of Appalachian State, so yeah, the northwest corner of the state. You get some snow—it’s a pretty big, popular destination in the wintertime for skiing and snowboarding, as well as the summertime when there is no humidity. And it’s the same people who vacation at the beach coming up to the mountains, so I’m happy to be here.

Avery:
All right, next we’ll move down to the southern part of the mountains in North Carolina. Jay, introduce yourself.

Jay:
Hey, I’m Jay. I’m down here in Western North Carolina, the gateway to the Smokies. We’re only about 30 minutes from the border of Tennessee here, you know, right down the road from Garrett, a few hours. Great seasonality here, great place in the mountains; there’s just plenty to do year-round here, and it’s a great place to invest in.

Avery:
And you guys can’t see this well, I mean, you can if you’re watching this on YouTube, but Joe’s doing random moves while everybody else is talking. Encouraging moves. Uh, Joe, whenever you want to introduce yourself.

Joe:
Yes, yes, thank you. Saving the best for last, the rest of the North Carolina coast. Sorry, guys, but the North Carolina coast is awesome down here. I’m everything that’s not the Outer Banks. My name is Joe Priliman, and yeah, another great beach market and absolutely loving it down here. You OG listeners of the show may recognize me from one of the first five episodes that we did. At the time, I had done one of the coolest short-term rental deals, and now I’ve done two of the coolest that I’ve seen.

Avery:
But we can get to that in just a minute. All right, guys, I think the first thing that I want to talk about when it comes to investing anywhere in North Carolina is y’all’s due diligence because it works a little bit differently than other states. So, who wants to tackle that first?