🏠 10 best short term rental opportunities | June 14, 2024
NC, WA, NY, WA, CA, NY, TN, CO, CA, OK
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This 3 bedroom mountain home in the southeast is set on 15 acres and can be used as an investment property.
It’s featured in the Pro version of today’s newsletter.
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📈 Community Perks via The Offer Sheet
🤑 STR Specific Loans & More. Buy or get cash back with lower interest rates on new DSCR loans & other loan options. Our good friend Matt will help you out.
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🏠 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.
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MID-CENTURY GEM ON FIVE FENCED ACRES Discover this spectacularly restored mid-century home with stunning views, perfectly positioned to feel miles away but minutes from the high desert's best attractions and amenities. Step inside this elevated time capsule and be transported by a perfect blend of vintage charm and modern amenities, from retro open beam ceilings to gleaming polished concrete floors, from exposed brick to smart home features. Abundant natural light throughout accentuates a unique floor plan allowing for festive entertaining or peaceful solitude. You’ll be mesmerized by the desert landscape and Joshua trees through every window. The turquoise eat-in kitchen is the heart of the home, featuring a mid-century modern breakfast nook and a huge vintage diner-style island where everyone gathers for breakfast. The spacious dining area connects the kitchen and entertainment spaces to the expansive sunrise-to-sunset patio, ideal for al fresco meals and stargazing on beautiful desert evenings. The kitchen flows into an inviting living space with a vintage wood stove, converted to electric for instant ambiance. The south-facing sunroom has double sliding glass doors that frame Joshua Tree National Park views. Step out to the heated pool and hot tub oasis to soak up sunsets and glimpses of Mt. San Jacinto, then rinse off under the custom copper tree shower. Three spacious bedrooms with gorgeous views and design touches are dreamy retreats. The ensuite bathroom features a gold-accented walk-in shower, while the main bath showcases a cast-iron tub with an exposed concrete surround. Renovated in 2022, the home’s upgrades include a 10.20 kW OWNED solar system (new in 2023 with NEM 2.0 grandfathered), a 240v Level 2 EV charging outlet, central HVAC with smart thermostats, smart mini split, a tankless water heater, energy-efficient dishwasher, indoor washer and dryer, new septic, new main electrical panel, smart door lock, and cameras. The newer permitted detached 2 ½ car garage with its own sub-panel and the shed/casita have endless possibilities. Ranked in Airbnb’s top 1%, this property has earned awards like 50’s Vacation Experience of the Year and Most Memorable Stargazing Retreat. Guests rave about the "breathtaking views” and "immaculate attention to detail." Continue to operate as a turn-key vacation rental or make it your one-in-a-million home. Schedule your private tour today!
$695,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $541
Expected occupancy rate: 56%
Monthly expected income: $9,215
Monthly expected expenses: $5,719
Monthly expected cash flow: $3,496
Expected cash on cash return: 22.3%
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Lake Almanor West home perfectly situated on the 2nd hole of the golf course with breathtaking views of both the course and the lake. This well maintained 3-bedroom, 2-bathroom retreat features beautiful wood-beamed ceilings, wood shiplap walls, and large picture windows that flood the home with lots of natural natural light. The living room boasts a cozy wood-burning fireplace and a charming built-in bench, adding to the home's inviting character. The floor plan is perfect for single or multiple families with a 6-bed bunk room and two additional guest bedrooms as well as dining and indoor/outdoor living space. The wrap-around deck and expansive lawn are perfect for yard games, BBQs, or just relaxing outdoors. Whether used as a family vacation home or a successful vacation rental, this property offers the best of both worlds. The Lake Almanor West community boasts a boat launch less than a mile away, a recreation center with a beach area, BBQs, bocce ball, basketball, and volleyball courts, as well as tennis and pickleball courts all included through the HOA. Property sits just a few miles from Plumas Pines, with a convenient walking/bike trail for those who prefer not to drive. This home is ideal for year-round enjoyment with a 4th of July parade in the summer and a visit to Mt. Lassen in the winter. The property comes fully furnished, so just pack your vacation bags and get ready to enjoy all that Almanor & Chester has to offer.
$489,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $426
Expected occupancy rate: 69%
Monthly expected income: $8,941
Monthly expected expenses: $4,565
Monthly expected cash flow: $4,375
Expected cash on cash return: 39.7%
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