🏘️ 10 best short term rental opportunities | September 12, 2023

NC, NY, NY, VT, ME, ME, CA, GA, VT, AK

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Invest in the company that won over the Dragons

The pioneer in smart-doorbell technology, RING, pitched their business on the hit show Shark Tank at a valuation of just $7 million β€” the sharks shut them down.

β†’ 5 years later, the company sold to Amazon for more than $1 Billion. Turning the 10% stake initially offered to the sharks from $700K into $100M!

β†’ A similar story is brewing in the Smart Shades segment of the industry, with a company called RYSE pitching on the Canadian version of Shark Tank called Dragon’s Den.

β†’ The difference? They received two offers and have an addressable market that could be significantly larger than that of RING’s. The Dragon’s believe that RYSE has the products, technology, and the team to become the market leader for Smart Shades.

β†’ The hallmark of all successful smart home products is their ability to launch into retail, and RYSE’s recent deal with Best Buy has put them miles ahead of the competition.

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Escape off grid to this unique camp that offers waterfront to TWO ponds - Whitney and Hogan. Whitney Pond is known for its great fishing for several different species, where Hogan is known for shallow and sandy waters! The camp offers stairs down to the water, with a landing area to enjoy the scenery. The camp is 2 bedrooms, with a bonus room on the first floor for extra space. There are solar panels for the primary electric, propane for heat, hot water and automatic generator, plus an additional fire place. Although the camp is off grid. just a short 5-10 minute drive brings you to town which offers multiple grocery stores and restaurants! Take advantage of this camp for yourself, or earn extra income as a short term rental!

  • $375,000

  • 2 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $299

  • Expected occupancy rate: 60%

  • Monthly expected income: $5,457

  • Monthly expected expenses: $3,556

  • Monthly expected cash flow: $1,900

  • Expected cash on cash return: 21.4%

THE ABODE OF AN ARTISTPerched commandingly on a knoll, this impressive fully renovated home has 2 bedrooms, 2 baths, 22 new thermopane windows, new metal roof, new hot water heater, 200 amp service, new appliances, wood floors, new septic and fiber optic. Conscious of the changing climate, the owner sided the house in the Japanese method of Yakisugi. This process is used to preserve the wood by charring it. The charred surface of the board makes the wood fire retardant as well as resistant to rot, insects and decay. The home is surrounded by nine-plus, sub-dividable, acres with two ponds, towering old oaks and pines and beautiful rock formations. There is a garage/workshop and a loft above, with a water line and electric. Private, incredibly quiet, only 15 minutes to Hudson, 5 minutes to the Taconic Parkway with no road noise. A true refuge. Sold AS IS

  • $627,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $368

  • Expected occupancy rate: 67%

  • Monthly expected income: $7,479

  • Monthly expected expenses: $5,151

  • Monthly expected cash flow: $2,328

  • Expected cash on cash return: 16.5%

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