🏠 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.

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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)

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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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