🏠 10 best short term rental opportunities | May 13, 2024

AR, ME, MI, OR, WA, MT, TN, CA, MT, NC

🚀 The Offer Sheet Pro | 🏠 Off-market STR? Hit reply

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This property is featured in the Pro version of today’s newsletter, along with 9 others and 40-50 daily additional STR finds, broken out by state in our Pro Google Sheet.

It’s a treehouse cabin with a walkway made of tree limbs. It’s been used as a vacation rental since it was built for the current owner. It’s a 2 bedroom and is $224,900.

📈 Community Perks via The Offer Sheet

  • 🏠 Property Management while you cha-ching. The best property management company in the space, that you haven’t heard of. 4.9 stars on Google. Many reviews. Seen 27% increase in revenue.

  • 🛋️ Turnkey STR Service. Worked with hundreds of STRs. They will find you a property, underwrite it, design, furnish and then manage it. You fully own the property, they do everything. Cash flow + appreciation on autopilot. Literally what I want haha!

  • 💵 STR Specific Loan. Buy or get cash back with lower interest rates on new DSCR loan options. Our good friend Matt will help you out.

  • 💥 STR Insurance. Highly recommend these guys, I think they are the best in the space, super easy to deal with. 4.7 stars on Trustpilot. Get a quote!

  • ➗ STR Fractional. OK so you want in on STRs but only want to spend a monthly Metrocard’s worth, not three lambo’s worth; you’ve Arrived.

Nestled away in the fantastic (CASTLE GLEN ESTATES) neighborhood with a cul-de-sac lot- this custom built cozy cabin will be the perfect home base for your mountain adventure!  When you arrive to this beautiful cabin, you'll be greeted with a warm welcome by wooden bear sculptures at the door! Once inside, you'll admire the high, slanted ceilings covered in knotty pine and large windows providing plenty of natural light and a panoramic view of the mountains and Baldwin Lake. Waking up to the sunrise is a dream. Relax in the large living room and enjoy the rock covered toasty wood-burning fireplace with a T&G bear carving mantle. The country-style kitchen is equipped with everything needed, including stainless steel appliances, custom solid wood cabinetry, granite counter top, farmhouse sink, a convenient center island with plenty of counter space, and solid tobacco acacia bevel wood flooring throughout. The dining area is close by with a slider off the deck. You will find 2 bedrooms on the main level and a full bath. Head upstairs to the loft/ game area, for a game of pool and great views! The large primary bedroom has a walk-in closet with built in cabinets and peek-a-boo view of Big Bear Lake. As well as a lovely primary bath with a huge walk-in shower attached. The large covered patio and deck wraps around half the cabin providing plenty of space for a large gathering, and is a wonderful area for cookouts, entertaining, or just relaxing in your private over-sized Jacuzzi with one breath taking view! A detached finished 2 car garage and large driveway give you plenty of parking. Just under three miles to Snow Summit Ski Resort and just a bit further to Bear Mountain Resort, you'll definitely want to bring your gear for ski season. In the summer, the shores of lovely Big Bear Lake are a quick drive or scenic 20-minute walk away. This cabin is currently being used as a second home, and a short term vacation rental allowing for a great investment opportunity. Furnishings are negotiable. Whether your seeking a full time residence or a vacation home this luxury cabin is your ideal retreat.

  • $1,150,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $556

  • Expected occupancy rate: 56%

  • Monthly expected income: $9,471

  • Monthly expected expenses: $7,650

  • Monthly expected cash flow: $1,821

  • Expected cash on cash return: 7.0%

Unique opportunity to enjoy over five acres in the quietest neighborhood on the mountain. Lets start with the location in Welches. Cross the Salmon River and drive down a tree lined road to the acreage with charming A-frame which sits off the road in a wooded setting. You can hear the Salmon river from your front deck. There's tons of elbow room with over five and a half flat usable acres. This location is just down the road from the Mt. Hood Oregon Resort, groceries, restaurants, and shops. The A-frame cabin has been completely refurbished from top to bottom. Three inch cedar plank floors have all been refinished. The open floor plan boasts floor to ceiling windows, skylights, lots of built ins, high end kitchen with quartz counter tops and a cozy wood stove that will heat up the entire home! The primary bedroom is on the main level. Upstairs is a private bedroom with a balcony deck off the back. The third bedroom is a loft over the living room. There?s everything you need for full time or vacation home. It comes completely furnished and turn key ready. This is only the beginning! A separate building boasts a finished laundry room with attached shop with cement floors and storage. Big Bonus: "new" in 2020 a 40x60 metal building with concrete foundation, insulated roof, 14 ft insulated door and even higher ceilings! If you have mountain toys, this is your dream come true.  Potential plus when you have over five acres of land. The property has RR zoning which allows for a two acre minimum. There's potential here for splitting off some land and adding another building site. Recreational buffs will love everything this gem offers. Only 20 minutes to premium ski slopes and the Mt. Hood National Forest is just down the road for tons of hiking trails. The Salmon River has prime fishing and  inter-tubing in the summer. Sandy Ridge Mountain Biking Park is nearby too. A twenty seven hole golf course is five minutes away. Only one hour to Portland and the airport!

  • $890,000

  • 3 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $411

  • Expected occupancy rate: 59%

  • Monthly expected income: $7,376

  • Monthly expected expenses: $6,274

  • Monthly expected cash flow: $1,101

  • Expected cash on cash return: 5.5%

Discover the epitome of lakeside living! This completely remodeled in 2020, 3-bed, 3-bath retreat boasts breathtaking waterfront views with abundant natural light streaming through all the lakeside windows. Nestled amidst serene surroundings, enjoy the luxury of a dock featuring a 900+ sq ft upper deck, two boat slips with lifts, and a charming fishing pier. Immerse yourself in the tranquility of this idyllic setting, where every day feels like a vacation. Enjoy hiking and riding the bike/ATV trails in the Uwharrie mountains. Located in a gated community with neighborhood amenities including a pool, marina, clubhouse, tennis/pickleball courts and more.    Welcome home to your private lakeside oasis!  Listing agent is seller.

  • $775,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $377

  • Expected occupancy rate: 57%

  • Monthly expected income: $6,536

  • Monthly expected expenses: $5,455

  • Monthly expected cash flow: $1,081

  • Expected cash on cash return: 6.2%

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