🏠 14 best short term rental opportunities | April 12, 2024

NY, NV, FL, WV, CA, WA, TX, GA, PA, TN, WA, CA, ID, OK

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How an AI Startup is Transforming Hospitality

Imagine a world where short-term and hotel rental management runs itself. No more late-night calls from demanding guests. No more scrambling to answer repetitive questions. Jurny and its new AI multi-agent tech is here to make this a reality.

Jurny’s property management system uses specialized AI agents to handle everything from concierge services and guest communications to quality assurance and upselling. These agents work together seamlessly, mimicking a real-world team, to provide guests with an exceptional experience and property managers with unmatched efficiency.

Companies like Jurny that are building the infrastructure to harness this level of next-generation AI will be the titans of tomorrow, who will change entire industries.

Check out Jurny’s stats: 5x growth last year, $35M in bookings processed, and over $12M raised from top VCs and 1,100 individual investors. 

If you are interested in investing in this disruptive AI company alongside top venture capitalists, click here to learn more.

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This stunning waterfront home with mountain views across the way is being used as a successful short term rental today. 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

💳 Credit Cards for Your STR. Wondering about the best credit card(s) to run your STR business?

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

Business / STR:

Clermont Cabin on 1.91 acres. Completed in 2020, this Post & Beam, timber framed home has the charm & character of an authentic Adirondack Cabin combined with all the upgrades of a new home. The open layout first floor features wideboard Vermont Hemlock and reclaimed NYC brick flooring, exposed beams, kitchen with soapstone countertops, first floor bedroom and bath, sleeping nook under the stairs, radiant heat and central air. The entire second floor consists of the oversized primary bedroom & bath. Screened in front porch. Private back patio. Full basement, excellent storage area with mechanicals just 4 years old. Metal roof. Country setting yet less than 10 minutes to Bard College and Germantown. Active short term rental. Average monthly income is $7,000/month.

  • $595,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $302

  • Expected occupancy rate: 69%

  • Monthly expected income: $6,338

  • Monthly expected expenses: $4,544

  • Monthly expected cash flow: $1,794

  • Expected cash on cash return: 13.4%

Come checkout this extraordinary Dome Arch Cabin. Great investment opportunity in this unique property that features FULLY FURNISHED main house & an attached MIL suite. It has been generating an impressive rental income the past 2 years as an airbnb & has even more opportunities for the next buyer. With .4 of an acre there is room for a shop/ADU buildable lot. The interior of the Dome Arch has undergone a stunning remodel that complements the home's exquisite architecture & enhances its innate charm. It is perfect for those seeking a retreat from the noise of everyday life. Whether you are looking for a weekend getaway or a peaceful permanent residence, this property.

  • $610,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $311

  • Expected occupancy rate: 61%

  • Monthly expected income: $5,770

  • Monthly expected expenses: $4,545

  • Monthly expected cash flow: $1,223

  • Expected cash on cash return: 8.9%

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