🏠 9 best short term rental opportunities | August 28, 2024
OH, NY, PA, MI, AZ, NY, NH, AZ, TN
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Real estate investors and entrepreneurs are increasingly getting involved in a variety of 'non-food franchising' opportunities, recognizing that business ownership represents another tax advantaged asset class.
Led by Jon Ostenson, a top .1% franchise consultant, former Inc. 500 franchisor and multi-brand franchisee, himself, FranBridge Consulting is hands-down the premier source for the best opportunities in the 'non-food' franchise world, including both active and semi-passive opportunities.
From fence installation services to youth soccer, insulation to pets, in-home health to concrete paving, and more. And FranBridge's service is 100% free. Think of them as a real estate broker - but for franchises.
Sign up for a call with Jon today - or get a free copy of their bestselling book, “Non-Food Franchising” at FranBridgeConsulting.com!
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This $425,000 4 bedroom just hours from NYC is recently renovated with a sunken living room, large windows and lots of natural light.
It’s featured in the full version of today’s newsletter. (Pro)
📈Community Perks via The Offer Sheet
🤑STR Specific Loans & More. Looking to fund your next STR? THE STR Loan Guy will set you up. He’s the type that will spend an hour with you explaining every last detail and getting you the best rate.
🏠 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.
🛋️ 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 Insurance. Highly recommend these guys, I think they are the best in the space, super easy to deal with. 4.7 stars on Trustpilot.
Showings Start at the Open House Sunday 9/1, 10am-Noon! Welcome to 349 White Mountain Road! Recent renovations include a new kitchen, new bathrooms, luxury vinyl flooring, exterior vinyl siding, and a new dock just to name a few. This warm and inviting, cozy contemporary 4Br 2BA lakeside home with 98 feet of owned waterfront, is a perfect vacation home in the Mountain Lakes community. With breathtaking views throughout, two first floor bedrooms, and a majestic centerpiece fireplace which ties together the open concept living room, kitchen and dining room, all highlighted with walls of glass and cathedral ceilings. Barbeque on the wraparound porch, or take a few steps down to your dock and take a spin around the lake. Mountain Lakes is a 4 season recreational community, and just minutes from hiking, fishing, hunting, snowmobiling, and everything the White Mountains has to offer. Located minutes from shopping and restaurants, including Hatchland Farm Ice Cream Shop eatery, and Ice Castles and Lost River are nearby. Plus, it is just 35 minutes from Cannon and Loon Mountain ski resorts. Cable internet makes an easy choice for working from home, or short term rental property. Mountain Lakes amenities which are included in the town taxes include two lakes, 4 community beaches, a snack bar, a softball field, tennis, pickleball and volleyball courts, children's playground with horseshoe pits, picnic tables and barbeque grills, and an ice rink. Home is being sold fully furnished.
$549,995
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $282
Expected occupancy rate: 64%
Monthly expected income: $5,490
Monthly expected expenses: $4,392
Monthly expected cash flow: $1,097
Expected cash on cash return: 9.5%
Inviting 3-level, 2-bedroom, 2.5-bath cabin within the city limits of Pigeon Forge. This newer property features two fireplaces, a game room with a pool table and an electronic table, private and covered decks, and a hot tub, making it the perfect getaway. The cabin is tastefully decorated, has a strong rental history, and is fully furnished, rental-ready, and surrounded by mature trees. Located close to all attractions, it also has the potential for an outdoor feature. Enjoy both privacy and convenience in this impeccably kept retreat.
$599,000
2 Bedrooms, 3 Bathrooms
Average Daily Rate: $286
Expected occupancy rate: 70%
Monthly expected income: $6,089
Monthly expected expenses: $4,584
Monthly expected cash flow: $1,505
Expected cash on cash return: 11.7%
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