🏘️ 12 best short term rental opportunities | August 7, 2023

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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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🎯 Create your very own booking website for your vacation rental business within minutes. With Shopbnb you can easily create, manage and sell your stays directly & avoid Airbnb fees. See example.

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→ 🏠 Love one of the properties in the newsletter? Just tell us which one and we’ll set you up with an agent to help you get it.

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

Lovely River Front home on 5.73 acres. Large wrap around deck to enjoy peace and serenity on Elk River. Fenced Pasture and orchard; potential for large garden and boat launch. Plenty of trees and a small neighboring creek. Large brick fireplace with an insert. Attractive cedar vaulted ceilings and walls. Meticulously maintained home and property.

  • $697,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $377

  • Expected occupancy rate: 67%

  • Monthly expected income: $7,683

  • Monthly expected expenses: $5,389

  • Monthly expected cash flow: $2,294

  • Expected cash on cash return: 14.7%

Modern meets Classic. This is Northern Michigan at its finest. Modern construction home appointed in classic northern cottage motif: knotty pine, wood floors, quartz countertops and extensive terraced landscaping. Set on the shores of private Kassuba Lake, this 4 bed, 3 bath home is what dreams are made and of. Wile the day away on this no-wake lake with great fishing for both the amature and seasoned sportsman. Main-floor laundry, high-speed internet, ample storage with a 32x12 shed and an enclosed 14x10 storage area. The space inside & outside the home is elegantly utilized. Located minutes from downtown Gaylord & two ski resorts & only a 20-30 minute drive to Boyne City and Petoskey. The home has extensive rental history and is appealing to the investor & primary resident alike.

  • $650,000

  • 4 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $359

  • Expected occupancy rate: 65%

  • Monthly expected income: $7,098

  • Monthly expected expenses: $5,187

  • Monthly expected cash flow: $1,911

  • Expected cash on cash return: 13.1%

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