🏠 12 best short term rental opportunities | July 13, 2024
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Contractor+ Raising $1.5m To Build AI Estimation Solution for Contractors & Property Managers
This company is building the ultimate platform for general, trade and service contractors. They're taking a unique approach that streamlines contractor relationships with REI's and property managers. There's still time left to invest!
Strong Early Traction: 6,000+ Monthly Active Users, 1000+ paying customers, $492K/year in revenue and an impressive 162% annual growth rate.
Excellent Product: Their platform is available on web, iOS and Android. Scheduling, Estimation, Invoicing, Payments, Client Relationship Management, all on a single platform. And now they're building their patent-pending Estimatic AI.
Seamless Integrations: Existing integrations with Lowe's, CompanyCam, Thumbtack, 1build & Quickbooks. Plus a Zapier integration and a full RESTful API to facilitate connections with platforms like Yardi, Buildium, and Appfolio.
Strong Backing: They've already raised $460k on Wefunder, with many notable investors including KingsCrowd Capital, Electric Ventures, and investors from Google, Yahoo!, Zillow, and CACI.
Great Terms: This is an early stage investment opportunity, with a fair valuation. They're raising on a convertible note with a $8.1m cap, 25% conversion discount and 9.75% interest. Very investor-centric and still early enough to catch the ride.
Their round ends soon! You can invest as little as $100 at Wefunder! If you'd like a warm introduction or meeting with their CEO, Justin, reply back to this email!
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This A-frame comes fully furnished and ready to go as a mountain Airbnb. Sellers have an active Airbnb permit that they can transfer to buyers. Price: $589,000
It’s featured in the Pro version of today’s newsletter.
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Discover the epitome of comfort & style in this meticulously upgraded 3-bedroom, 2-bathroom home in the heart of East Phoenix. Perfectly suited for investors looking for a lucrative AirBnb opportunity, a flip project, or a family seeking their dream home. This property boasts a wealth of recent enhancements & can come fully furnished with a Bill of Sale.
The backyard oasis is designed with entertaining in mind. Featuring a new putting green, freshly painted concrete pad & walls, & a sparkling pool, you'll find yourself here all summer.
Inside, the upgrades continue with new flooring throughout, complemented by new baseboards & a fresh coat of paint that brightens every room. Updated doors & modern door hardware add a touch of elegance, while new lighting fixtures & ceiling fans enhance both style and functionality.
For added convenience & comfort, the kitchen boasts updated appliances including a new dishwasher and disposal. A NEST system and new vent covers ensure efficient climate control throughout the home.
This property offers not just a home, but a lifestyle. Whether you're lounging by the pool or hosting friends and family in the open-concept living area, this home is designed to accommodate every aspect of modern living.
Furniture may be purchased with a separate bill of sale.
$550,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $324
Expected occupancy rate: 73%
Monthly expected income: $7,194
Monthly expected expenses: $4,472
Monthly expected cash flow: $2,721
Expected cash on cash return: 22.9%
OCEAN VIEWS in this Renovated Beach House, HIGH LOT in the Town of Duck! Bright, open floor plan with custom kitchen cabinetry, quartz counters and newer appliances. Classic H plan with two bedrooms and one bath on each side of the home with great room, DR and kitchen in the middle. Both bathrooms have been renovated. One with tub/shower with custom tile and the other with walk in shower. Storage area and workshop/washer dryer underneath. Per owner, decks replaced in 2023 for ocean facing and sunrise enjoyment. This has been year round home and not a rental. Great year round, second home or rental investment property. This location is just steps from the community beach access and boardwalk. Near Duck Village but out of the hustle bustle. Storage, workshop, laundry under the home on ground level. Updates Per owner: 2010- all kitchen appliances from Manteo Furniture; 2017- major kitchen reno by Cozy Kitchen; main bathroom reno by Grimsley Plumbing; 2018-new carpet in all bedrooms by Lowes- Hall bath remodel; 2021-new water heater- New washer Samsung; Great room painted by Beach Painting: one slider replaced by Kellogg 2022 - HVAC replaced and maintenance agreement with Anderson Heating and Cooling 2023- deck repair/ replacement with both stairs replaced; underpinning and insulation replaced; painting deck and stairs all by Clarence Gibbs contractor. 2024 New Septic tank and field in progress. LP tank is leased by AMERIGAS. Note: Vacant lot next door owned by 118 S Snow Geese since 2014. Current X Flood Zone.
$750,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $479
Expected occupancy rate: 60%
Monthly expected income: $8,741
Monthly expected expenses: $5,727
Monthly expected cash flow: $3,014
Expected cash on cash return: 18.8%
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