🏠 13 best short term rental opportunities | July 12, 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, just hit reply!
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This lakefront cabin has 3 large bedrooms and 3 full baths, is an STR friendly location, comes with a hot tub, and a private dock! Price: $439,000, I kid you not.
It’s featured in the Pro version of today’s newsletter.
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Renovated Mountain Home just minutes to town with 5-Star Rental History! Welcome to the House of Grooves! This adorable mountain home has a stellar 5-Star track record, generating almost $47,000 in rental revenue in 2023! Completely turnkey down to the linens and kitchen items and radiating a unique mid-century rock n' roll vibe, this one of a kind retreat invites you to experience the best of the North Georgia mountains! Just minutes from Downtown Blue Ridge and close to Mercier Orchards, Bear Claw Vineyards, hiking trails, and more, you could enjoy it for yourself or have it up and running as an income generating rental on Day 1. Fully paved roads lead you to a horseshoe-shaped concrete driveway (with tons of parking) to welcome you with a covered full length rocking chair front porch overlooking a huge front yard (and nothing but trees across the street) and neighbors out of sight. The home has been described by multiple guests as cozy, perfect, peaceful, phenomenal, homey, and having no detail overlooked. Renovated in 2022 with upgrades including custom acrylic kitchen countertops, Grizzle EV charger, hot tub, new exterior paint, new water heater, newer (2018) HVAC, spray foam insulation, brand new bath vanity and toilet, and new retaining wall in the charming fenced courtyard out back. Imagine sitting in the private hot tub overlooking a rhododendron covered mountainside and string lights overhead. No need to worry about the well pump going out, this home is on City Water! Featuring smart home comforts, such as an EcoBee thermostat, Schlage Smart Lock, and 3 Eufy exterior cameras that all transfer to the new owner. This home is a turnkey gem, offering comfort, convenience, and a touch of rock n' roll flair. Don't miss your chance to own this unique getaway in the heart of the North Georgia mountains.
Agent Contact Info: Shannon Turner <[email protected]>
Cell: 706-254-9584
$415,000
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $245
Expected occupancy rate: 68%
Monthly expected income: $5,067
Monthly expected expenses: $3,378
Monthly expected cash flow: $1,689
Expected cash on cash return: 18.6%
Loon Landing is a classic multi-level camp on the western side of Swan Lake.
Inside, you'll find a spacious open-plan kitchen and living area, great for family meals, games and entertaining. Large windows provide stunning, unobstructed views of the lake and fill the space with natural light. A comfortable recreation room and high-speed internet make this camp perfect for both relaxation and staying connected.
Outside the decks offer fantastic outdoor spaces for watching the lake, enjoying your morning coffee and hosting evening gatherings. The private dock is perfect for boating, fishing, or taking a swim in the lake. New roof in 2024.
Located just a mile from the public boat launch and Swan Lake State Park, Loon Landing is in a prime spot for enjoying you favorite outdoor activities.
Currently a successful Airbnb with a proven history of happy guests. This wonderful lakeside camp is a great opportunity to embrace the classic camp lifestyle of Swan Lake.
$425,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $290
Expected occupancy rate: 60%
Monthly expected income: $5,292
Monthly expected expenses: $3,563
Monthly expected cash flow: $1,729
Expected cash on cash return: 18.7%
Discover a unique, almost heavenly retreat atop a ridge with unparalleled million dollar mountain views, just a short drive from Basye and Bryce Resort amenities. This picturesque four-bedroom (3 bedroom Septic for 6 person occupancy) chalet sits on 3 acres enveloped by tranquil nature, including your own mini orchard with pear, plum, nectarine, apple and peach trees. Imagine waking up to sip coffee while witnessing stunning mountain sunrises—each day a new spectacle of colors. The expansive glass windows offer panoramic views of New Market Gap, enhancing three separate interior living areas as well as two decks. Perfect for remote work or serene getaways, this no step main level accessible home boasts high speed internet access and versatile spaces. The lower level additional living space would be great as an office, private artist's studio, or additional guest space, with direct deck access to breathtaking mountain vistas. Outside you will find an additional large “hobby space” with electric and more breathtaking views, waiting to be finished as you choose - rec room, workout room, craft space, study, etc. Additional features include two large custom storage sheds, new vinyl plank flooring throughout the main level, newer mini splits for comfort and a private well with ample water supply. Whether seeking a full-time residence, dynamic remote workplace, or vacation rental investment, this chalet offers unmatched ambiance for nature enthusiasts (excellent bird watching), artists, and remote workers alike. Embrace the tranquility and endless possibilities this property offers, just a short drive from Valley wineries and local attractions in Basye at Bryce Resort. Don't miss this opportunity to own a piece of mountain paradise with lucrative rental potential and breathtaking scenery. Note: -Updated luxury vinyl plank throughout the main level and in the basement living space. -mini splits installed in 2022 -septic recently pumped (May 2024) -additional 235 sqft of finished space in the "basement" - 1,839 total finished sqft (floor plan coming soon) -additional unfinished space with electric (ready to be finished with windows and a view) in a separate "hobby room" area outside of the home.
$499,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $264
Expected occupancy rate: 64%
Monthly expected income: $5,139
Monthly expected expenses: $3,806
Monthly expected cash flow: $1,333
Expected cash on cash return: 12.8%
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