🏘️ 10 best short term rental opportunities | July 21, 2023

WA, VA, NY, CA, CA, NC, CA, OR, WA, WA

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Tech startup with traction: This week, eyes have been on the launch of Mode Mobile’s public fundraising. It’s the latest in a series of impressive raises among smartphone innovators, likely spurred by Apple’s recent $3t valuation.

Mode is on a mission to disrupt the smartphone industry with their “EarnPhone”, a budget smartphone that’s helped consumers earn & save $150M+ for activities like listening to music, playing games, and…even charging their device?!

Early backers are getting up to 70% bonus stock, andin the first week alone, 7700+ investors have already acquired shares — leaving only ~15% of the bonus allocation up for grabs.

With only days until their next update, buy shares now to lock in the 70% bonus offer.

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What I’m reading: The Sweaty Startup, if you’re interested in branching out beyond STRs into other real estate.

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This $295k house is featured in today's full newsletter. Upgrade and enjoy!

Escape to this tranquil retreat surrounded by nature in this exquisite log cabin nestled on nearly 40 acres of private land. Located just 15 minutes off I-5, this idyllic sanctuary is positioned between Portland & Olympia. Imagine floating along the scenic Kalama River or world-class Salmon & Steelhead fishing expeditions. For hunting enthusiasts, picture returning home after a thrilling day with your closest friends, unwinding in the upstairs bar while hanging out on the patio. 5 rooms, an office & amenities accommodates all your loved ones who come to bask in the riverside splendor. Has a large 2car garage, storage shed, & a 1car garage. A century-old cabin graces the front yard—perhaps it could even be transformed into an Airbnb.

  • $925,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $493

  • Expected occupancy rate: 58%

  • Monthly expected income: $8,697

  • Monthly expected expenses: $6,908

  • Monthly expected cash flow: $1,789

  • Expected cash on cash return: 8.8%

Welcome to your dream retreat! This remarkable home underwent an extensive renovation in 2017, leaving no detail untouched. From the moment you step inside, you'll be captivated by the seamless blend of modern comfort and rustic charm. The renovation encompassed every aspect of the property, including new windows that invite abundant natural light to fill the space. The water heater and board heaters were replaced to ensure optimal efficiency and comfort throughout the year. The elegant hardwood floors exude warmth and character, having been skillfully refinished in 2023. The property showcases a beautifully stoned fireplace, creating a cozy ambiance during colder months. Indulge in the art of culinary creations in the fully updated kitchen, featuring top-of-the-line appliances, pristine countertops, and custom cabinetry. The bathrooms renovation has transformed into peaceful retreats, boasting stylish fixtures and masterful finishes. Entertain family and friends on the impressive detached Trex deck, which was constructed in 2021. Relax and unwind in the outdoor hot tub, providing the perfect setting for year-round enjoyment. Additionally, a new pressure tank was installed in 2023, ensuring a consistent and reliable water supply. Not only is this home a private sanctuary, but it also presents an exceptional investment opportunity. With its previous success as a short-term rental, you can generate income while enjoying this idyllic retreat yourself. Don't miss the chance to own this extraordinary property that combines timeless elegance with modern amenities. Call now make this family getaway your own!

  • $394,900

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $291

  • Expected occupancy rate: 61%

  • Monthly expected income: $5,399

  • Monthly expected expenses: $3,756

  • Monthly expected cash flow: $1,643

  • Expected cash on cash return: 17.6%

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