🏠 10 best short term rental opportunities | January 24, 2024


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Early-Stage AI Investment

➡️ Meet the AI startup that the biggest hospitality brands in the world are quietly using. RAD AI isn’t just disrupting the hospitality industry - it’s disrupting food, beverage, footwear and gaming, dubbed an “essential AI” technology for brands looking to attract new audiences and boost ROI.

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This 4 bedroom A-frame, which is currently a successful STR, close to a lake + golfing, is featured in the Pro version of this newsletter.

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Exquisite panoramic Lake Michigan views make this property shine! This 3-story English Tudor was built by a Scottish Immigrant and prominent businessman. Nestled bluff-side on just under an acre with stunning Lake Michigan views. The property has been tastefully remodeled to enhance its charm but also offer modern amenities. This property features 7 private suites all with a full bath, 2 full kitchens, 6 fireplaces, private parking lot plus 2 car garage, and ample outdoor entertaining space. Beautiful woodwork and tilework throughout that you can only find in homes of this era. Fully finished exposed lower level features 2 additional bedrooms, full bath, and living room. This property has been used for Airbnb, events, weddings, and would an impressionable office space. Many opportunities

  • $1,500,000

  • 9 Bedrooms, 11 Bathrooms

  • Average Daily Rate: $777

  • Expected occupancy rate: 62%

  • Monthly expected income: $14,653

  • Monthly expected expenses: $12,162

  • Monthly expected cash flow: $2,491

  • Expected cash on cash return: 7.7%

Stunningly remodeled modern craftsman streamside cabin just around the corner from popular Lake Gregory! Features greatroom open floorplan with vaulted T&G wood ceilings and dramatic wall of windows to take in the breathtaking natural light & woodsy setting. Top quality high end finishes throughout with painstaking attention to detail. List of recent upgrades includes brand new kitchen with quartz countertops, stainless steel appliances, full bathroom remodel including gorgeous custom tiled walk in shower with luxury glass surround, new luxury vinyl plank floors, new dual paned windows & sliding glass doors, brand new upper deck, lower deck & front deck, new roof, new parking deck, new furnace & A/C system, new interior/exterior lighting, fresh interior/exterior paint, new water heater and much more. Home is perched on a generous approx. 8,300 SQ FT beautifully treed lot with great sense of privacy and a pristine flowing steam. The close proximity to Lake Gregory and serene streamside setting make for an ideal vacation home with fantastic Airbnb/vacation rental potential. Lot next door is also available (Listing ID:RW24012670) to ensure additional privacy or build on with the included recent house plans. Don't miss this unique opportunity...make your offer today!

  • $449,900

  • 2 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $362

  • Expected occupancy rate: 56%

  • Monthly expected income: $6,166

  • Monthly expected expenses: $4,058

  • Monthly expected cash flow: $2,108

  • Expected cash on cash return: 20.2%

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