🏠 12 best short term rental opportunities | July 17, 2024
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Contractor+ raising $1.5M to help address the 4.5 million US housing deficit
Contractors are great at fixing and building things, but they typically aren't so great at running a business. Contractor+ has already raised $470k of their $1.5m target to address this problem once and for all.
Strong Early Traction: 6K+ Monthly Active Users, 1K+ paying customers, $492K/year in revenue and an impressive 162% annual growth rate.
A Product People Love: With average 4.7 star ratings across G2 Crowd, Capterra, Apple Store, and Google Play, it's evident people are getting behind what they're building.
Growth Through 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.
Notable Investors: They've raised $470k+ on Wefunder, with many notable investors including KingsCrowd Capital, as well as execs from Google, Yahoo!, Zillow, and CACI. There's still time to invest. Investors from their last "friends and family" round have already seen a 2.7x unrealized return!
Awesome Terms: Too many startups raise on bloated valuations, even pre-revenue, some even pre-product. Contractor+ is raising with a fair valuation, making this a solid investment opportunity.
Their round ends August 9th! If you'd like a warm introduction or meeting with their CEO, Justin, just hit reply!
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This 4 bedroom Frank Lloyd Wright inspired home is located in the Northeast, was featured in a magazine in 1992, and is being sold with an extra vacant building lot. Price: $499,000.
It’s featured in the Pro version of today’s newsletter.
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💰NEW:Full Market Value Cash Offer. Want to sell your Airbnb with no signs or hassle? Our friend Ro launched CPO in 2007, and will give you a cash offer for your Airbnb. (And of course tell you how it all works).
Rare opportunity to own a log home on 2 wooded acres - this home is ready for a new owner to restore this home to its original beauty! Custom built in 1995 the home features a large primary suite on the 2nd floor with a small 2nd bedroom or study. The main level offers beautiful views from the front deck and large windows, open kitchen, living and dining area. 2 car attached garage plus storage shed. Full lower level with daylight basement is ready to finish into additional living space! This home does need exterior work & AC needs replaced, the price is reflective of the work needed. Do not drive in the driveway without an appointment.
$285,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $166
Expected occupancy rate: 71%
Monthly expected income: $3,585
Monthly expected expenses: $2,914
Monthly expected cash flow: $671
Expected cash on cash return: 11.3%
This charming property is peacefully tucked away the last house on a dead-end street but only a hop skip and a jump to a super cute town. It's a perfect spot to be cozy at home and enjoy everything that the area has to offer. Lovingly cared for and low maintenance, the next owners will benefit from many recent upgrades, including a new roof, new 6" gutters, and new exterior paint. A three bedroom with a flexible floorplan, the space is currently configured as a two bed with an open art studio. There are many ways to enjoy nature at this little oasis with a covered patio for grilling, a deck overlooking the mostly-fenced-in one acre property, and the Sandburg Creek meandering along the edge of the property (no flood zone!). There is a second structure on the property that is being sold AS-IS! Opportunities to enjoy the great outdoors abound with the nearby Neversink Unique Area, Minnewaska State Park, and the Bashakill Wildlife Preserve. The adorable hamlet of Mountaindale has a fun main street with old and new favorites like The Dale, Basbousa and Creek Bar, plus cute shops and an amazing yoga studio. Ellenville is only 17 minutes away for even more dining/shopping/entertainment options and the incredible Market on Market. Centrally located, this house is a great jumping off point for exploring all of the other great destinations towns in both Sullivan and Ulster counties, and is only 80 miles to the GWB. Agent has vested interest in the property.
$329,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $347
Expected occupancy rate: 57%
Monthly expected income: $6,016
Monthly expected expenses: $3,272
Monthly expected cash flow: $2,744
Expected cash on cash return: 40.0%
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