🏠 11 best short term rental opportunities | April 17, 2024

NY, VT, VT, WA, WA, VA, CA, TN, VA, UT, CA

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This A-frame in the PNW is on a 1.4 acre double lot, also includes multi-level decks and a hot tub. It’s under $600k and it’s featured in the Pro version of today’s newsletter.

📈 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 Specific Agent. We’ll connect you with an agent who knows STRs inside and out for their respective market.

Credit Cards for Your STR

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We partnered to bring you the best options for business and personal. Here are a few of our favorites:

Business

Serene getaway for yourself or capitalize on the VRBO market: Welcome to your rustic western oasis in Kanab, Utah! This stunning log home, nestled on 2.22 acres of picturesque land, boasts the perfect blend of charm and comfort. With 4 bedrooms and 3 bathrooms, there's plenty of space for family, friends, or guests to relax and unwind. But the allure doesn't stop there. This property comes complete with a 1,526 sq ft guest house, offering even more flexibility with 2 beds-1 bath and income potential. Currently operating as a successful vacation rental, it's already generating a great income " making it an ideal investment opportunity. Sold fully furnished/turnkey. Whether you're seeking a serene getaway for yourself or looking to capitalize on the booming vacation rental market, this Kanab retreat has it all. Don't miss your chance to own a slice of Utah's breathtaking beauty and lucrative hospitality industry. Schedule your showing today!

  • $1,425,000

  • 6 Bedrooms, 5 Bathrooms

  • Average Daily Rate: $599

  • Expected occupancy rate: 63%

  • Monthly expected income: $11,478

  • Monthly expected expenses: $9,577

  • Monthly expected cash flow: $1,902

  • Expected cash on cash return: 5.9%

Charm & character abound in this cozy little cabin near National Forest/Hone Quarry. Many possibilities as a vacation home, investment/rental, or primary residence. The main living area is welcoming and bright with lots of natural light, open living space, and vaulted ceilings. Walls & ceilings are clad in tongue-and-groove pine for a woodland feel. The concrete patio offers additional exterior living/entertaining space. Additional storage in the shed. High-speed internet provided by Xfinity. Owner/Agent.

  • $237,900

  • 2 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $233

  • Expected occupancy rate: 64%

  • Monthly expected income: $4,536

  • Monthly expected expenses: $2,414

  • Monthly expected cash flow: $2,122

  • Expected cash on cash return: 39.6%

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