🏠 11 best short term rental opportunities | August 7, 2024

CA, GA, NY, VT, VA, CA, CO, CA, NC, WA, TN

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Contractor+ Saves Contractors 20+ Hours Weekly & Improves Contractor / REI Relations

Contractors are great at fixing and building things, but they typically aren't so great at running a business. Contractor+ has already raised $470k of their $1.5m target to address this problem once and for all.

  • Strong Early Traction: 6K+ Monthly Active Users, 1K+ paying customers, $492K/year in revenue and an impressive 162% annual growth rate. 

  • A Product People Love: With average 4.7 star ratings across G2 Crowd, Capterra, Apple Store, and Google Play, it's evident people are getting behind what they're building.

  • Growth Through Integrations: Existing integrations with Lowe's, CompanyCam, Thumbtack, 1build & Quickbooks. Plus a Zapier integration and a full RESTful API to facilitate connections with platforms like Yardi, Buildium, and Appfolio.

  • Notable Investors: They've raised $470k+ on Wefunder, with many notable investors including KingsCrowd Capital, as well as execs from Google, Yahoo!, Zillow, and CACI. There's still time to invest. Investors from their last "friends and family" round have already seen a 2.7x unrealized return! 

  • Awesome Terms: Too many startups raise on bloated valuations, even pre-revenue, some even pre-product. Contractor+ is raising with a fair valuation, making this a solid investment opportunity. 

Their round ends August 9th! If you'd like a warm introduction or meeting with their CEO, Justin, just hit reply!

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This classic A-frame 3 bedroom STR was recently renovated and is close to ski resorts. Price: $550,000

It’s featured in the full version of today’s newsletter (Pro).

πŸ“ˆCommunity Perks via The Offer Sheet

  • 🏠 Property Management: The Undisputed Best. 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.

  • πŸ›‹οΈ 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!

  • 🚨Personal Airbnb Investment Finder. Want someone to personally find you profitable Airbnbs based on your criteria? Not cheap ($15k) BUT excellent for the right investor. A real Premium service. Done 160+ deals, every one of them cash-flowing.

  • πŸ€‘STR Specific Loans & More. Looking to fund your next STR? Our good friend Matt has 5 star options with as little as 10% down payment.

  • πŸ’₯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.

Perched atop a hill sits the main dwelling, a 3BD/3BA contemporary designed with a mix of materials exuding a modern flair. High-ceilings and a wall of windows provide a stunning backdrop and constant connection between the open concept and the outdoors. A wood stove provides rich ambiance and abundant heat. A large concrete island offers ample space for conversation, dining and extra counter space for the home chef. A 'hidden' loft offers a bird's eye view of the living area with light that streams through the two skylights. An ensuite primary bedroom with high-ceilings, two large picture windows and a walk-in closet and a charming powder room complete the main floor. The ground floor includes two sizable bedrooms, both with large windows, a beautifully designed bathroom, a large secondary living area that currently serves as a den, a dedicated laundry room and direct access to the one-car garage.

  • $1,250,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $456

  • Expected occupancy rate: 74%

  • Monthly expected income: $10,264

  • Monthly expected expenses: $8,412

  • Monthly expected cash flow: $1,815

  • Expected cash on cash return: 7.1%

Cabin in the Trees, a 2018 3 Bedroom/3 Bath build, designed for both nightly rental & full-time use is secluded on a private 1.5-acre parcel, providing privacy & tranquility, with Lake Wenatchee, cross-country skiing, and the Wenatchee river minutes away.  This home boasts three spacious levels, . Enter to vaulted ceilings and tile floors throughout the main living areas.  The primary suite, upstairs, features a large loft area & walk-in closet.  The main floor includes two well-appointed bedrooms, a beautiful kitchen, and a great room with a cozy fireplace. Step out onto the huge screened-in porch and enjoy all four seasons. The lower level , with a game room, laundry and easy access to the inviting hot tub. Sold Turnkey with STR permit.

  • $879,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $529

  • Expected occupancy rate: 80%

  • Monthly expected income: $12,872

  • Monthly expected expenses: $7,185

  • Monthly expected cash flow: $5,687

  • Expected cash on cash return: 31.0%

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