🏠 13 best short term rental opportunities | January 13, 2024

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🚀 The Offer Sheet Pro | 🏠 Selling an STR? Hit Reply

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Time to Add AI to Your Portfolio

➡️ Last month, we covered an AI startup disrupting the hospitality industry that has our community buzzing. It’s understandable; AI impacts almost every aspect of our lives, and investors are taking note, pouring billions into the sector. On this note, over 6000 elite investors have gotten in at an early stage of an up-and-coming AI startup - and you can too.

➡️ If you haven’t already done so, Meet RAD AI - the company using AI to transform the $633B Marketing Tech and Data Analytics industry. Its award-winning tech is used by the largest brands in the world (hospitality and more), and the company is poised for serious growth in 2024.

➡️ The technology has been called an “essential AI” for brands looking to attract new audiences and boost ROI.

➡️ 3X revenue growth proves it's working across major clients like Accenture, MGM, Skechers and Sweetgreen.

➡️ The company is backed by the Adobe Fund for Design and has raised over $27M from 6,000+ investors, VCs, Fidelity, and execs from Google and Amazon.  

Click here to learn more about getting in on the ground floor.

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This riverfront 3 bedroom is $535k and is featured in the Pro version of this newsletter.

📈 Community Perks via The Offer Sheet

  • 🏠 Property Management. The best up and coming property management company in the space. We partnered with them. For you. 4.9 stars on Google. Many reviews.

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  • 💵 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 Specific Realtor. We’ve partnered with a company to help you find a super knowledgeable agent in any market you might be interested in. Give them a try and they will find you the perfect agent.

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Welcome to the Après-Ski Chalet, nestled among the highest peaks of New York’s Great Northern Catskills in the village of Hunter. Located just a two-minute drive–from the trendy Scribner's Lodge and a mere one-minute drive to the entrance of Hunter Mountain Ski Resort, this impeccably transformed residence is a testament to hip luxury and functional design. A collaborative masterpiece by renowned Sachs Lindores Architecture and Interiors, this property has undergone a top-to-bottom renovation, ensuring every detail exudes sophistication and quality. This residence is being offered fully furnished and turn-key, ensuring a seamless and convenient transition for the prospective buyers.  This three-bedroom, two-bathroom haven spans 2,700 square feet across two meticulously crafted levels, with 1800 square feet on the main floor and an additional 700 square feet on the lower level, offering convenient entries on both levels. The main floor opens to a generous 500-square-foot deck, perfect for al fresco dining and entertaining under the clear mountain skies.

  • $999,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $501

  • Expected occupancy rate: 61%

  • Monthly expected income: $9,296

  • Monthly expected expenses: $7,208

  • Monthly expected cash flow: $2,088

  • Expected cash on cash return: 9.5%

This renovated Beech Mountain home has an excellent rental history, is located on a paved road and close to slopes, and is now available for purchase. Since buying, the sellers have updated this home from the mechanics to the aesthetics, and you will appreciate the improvements. $67,244.89 is the short-term rental return based on history or reservations for the dates of 3/10/23 through 2/9/24, and this reflects six full weeks that sellers used the property for themselves to manage updates. That's an excellent return for a new property without an entire year on the rental market.  Please ask your agent to see the list of repairs and updates provided by the sellers. From exterior and interior painting, interior renovations, brand new furnishings, new hot tub, new flooring, new tongue and groove ceilings, and infrastructure improvements, it's a turn-key home you will be proud to call your own. To boot, the sellers also purchased the adjoining unimproved lot addressed as 163 Hornbeam, and certainly, it offers opportunity and additional privacy.

  • $725,000

  • 5 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $398

  • Expected occupancy rate: 61%

  • Monthly expected income: $7,385

  • Monthly expected expenses: $5,332

  • Monthly expected cash flow: $2,052

  • Expected cash on cash return: 12.7%

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