🏠 14 best short term rental opportunities | May 11, 2024


🚀 The Offer Sheet Pro | 🏠 Off-market STR? Hit reply

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🚀 The Offer Sheet Pro

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This fully renovated A-frame with Lake Rights is $595,000 and the realtor says it would make the perfect Airbnb.

The property is featured in the Pro version of today’s newsletter, along with 13 others and more broken out by state in our Pro google sheet.

📈 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 Fractional. OK so you want in on STRs but only want to spend a monthly Metrocard’s worth, not three lambo’s worth; you’ve Arrived.

This tiny home is located in the Simplicity Woods Tiny Home community & offers a secluded & wooded lot among the trees. Fully furnished & turnkey-ready, this home is not just a property but a potential source of rental income or your private mountain getaway. Currently used for both vacation rentals & private retreats, this tiny home is thoughtfully designed with large picture windows that create a bright & airy atmosphere, adding spaciousness. You'll find a beautifully designed interior with a full-size kitchen, ample cooking space, & standard-sized appliances. The full bathroom is also generously sized, ensuring comfort & convenience. The primary bedroom offers enough space for a bed & additional furniture, with the bonus of a private back porch. The large front deck is perfect for enjoying the surrounding nature, whether you're entertaining or unwinding in solitude. The outdoor fire pit also sets the stage for cozy evenings with friends. Located just a short drive from Franklin & offering easy access to Highlands, NC, this tiny home provides a perfect blend of comfort & convenience. Don't miss your chance to own a unique tiny home experience!

  • $235,000

  • 1 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $146

  • Expected occupancy rate: 75%

  • Monthly expected income: $3,331

  • Monthly expected expenses: $2,236

  • Monthly expected cash flow: $1,094

  • Expected cash on cash return: 20.7%

Discover the breathtaking beauty of Toe River Mountain Lodge, a gated 6.2-acre mountain retreat w/ stunning A-frame home & array of outdoor amenities. This tranquil oasis features 2 creeks, sweeping mtn views, nature trails, natural rock outcroppings, a large metal barn, hobby shed, game room, home theater & more. Intentional design w/open floor plan, floor-to-ceiling windows & chef’s kitchen w/ a large gathering island. Cozy up by the stacked stone fireplace or step outside onto the wrap-around deck to enjoy the sounds of the nearby stream & private views. A matching 24’x30’ metal barn & small goat barn provide endless potential whether you're looking for a primary residence, vacation home, mini-farm, or income-producing rental property. Nestled in a private location near Pisgah NF and Mt Mitchell SP, outdoor enthusiasts will love nearby hiking, camping & fishing opportunities. Yet, with the artsy town of Burnsville just 12 miles away & DT Asheville less than an hour's drive.

  • $750,000

  • 2 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $391

  • Expected occupancy rate: 68%

  • Monthly expected income: $8,087

  • Monthly expected expenses: $5,562

  • Monthly expected cash flow: $2,525

  • Expected cash on cash return: 14.9%

Rare opportunity to own TWO turn-key short-term rentals on 2.46 acres just 1.4 miles from the Wimberley Square, and just around the corner from the Market Day location. This stylish Hill Country complex has been operating since late 2019, and produces solid income month-after-month. Together the two rental units gross over $9k per month, making for solid income with minimal work. The homes feel like they're in the country, but they're practically in the town of Wimberley. Even better, they're just outside of city limits, so there are no STR permits to deal with!        The larger of the two rentals is called "Eastern Acres," and consists of two structures. The main house has two bedrooms, a kitchen, living room, and bathroom, and features a large covered deck. Connected by a boardwalk is a second structure that can be rented with the main house by larger groups. This extra structure includes a bedroom with living space and a nice bathroom with a tiled walk-in shower. Guests can relax in a 6-person hot tub on the deck, or step onto the property to enjoy the fire pit or outdoor games.    The smaller rental is called "Sundown" and is a mix of modern and rustic, and sleeps two people. It is completely separate from the other rental unit and has its own entrance, two-person hot tub, yard area, and parking. The cozy space has a sleep loft, living area, kitchenette, and bathroom.    A seasonal creek crosses the back of the property where the land has been left natural and wooded. Guests are likely to see deer and other wildlife right in the back yard. A large commercial septic system has been installed to comply with county regulations, eliminating one of the more expensive "gotchas" for people who convert a rural residential house to short-term rental. NEW survey provided by Seller.    This property is priced to move fast, and will not last long. Get in on Wimberley STR while you still can!

  • $575,000

  • 4 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $367

  • Expected occupancy rate: 59%

  • Monthly expected income: $6,586

  • Monthly expected expenses: $4,732

  • Monthly expected cash flow: $1,855

  • Expected cash on cash return: 14.3%

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