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Fed Cut Rates by 50bps

DSCR loans are typically more tied to the 5-year Treasury bond which have been trending down! Don’t miss out—click below to get a personalized STR loan quote in just 60 seconds. Get a Quote

Hello STR Scout Members,

In this weeks issue:

🏡 STR Classifieds: (20) turnkey STR opportunities in top investment destinations.

💰 Boost STR Revenue: Mid-term rental strategy to serve the slow-travel trend.

📰 Quick Snapshot: The latest short-term rental, housing, and economic headline news trends.

Have a great weekend!

Andy Thoms
STR Scout

😎 "Successful investing is about managing risk, not avoiding it." – Benjamin Graham

TOGETHER WITH HOST FINANCIAL

5-Year Treasury Bill is Trending in The Right Direction for STR Investors

DSCR (Debt Service Coverage Ratio) loan rates are influenced by 5-year Treasury bond trends due to their structure and risk profile. With the 5-year Treasury trending down, now could be a great time to secure your next investment.

Whether you’re looking to purchase a short-term rental or leverage the equity in your existing property, Host Financial has you covered!

We qualify your loan based on your STR property’s income—no tax returns, W2s, DTI, or personal income checks required. With rates trending down, it’s the perfect time to act.

Get your loan quote in just 60 seconds!

 🏖️ $186K | Wells, ME: Detached seasonal studio cottage near beach, shops, and dining. Condo fee covers heat, hot water, electricity, pool, hot tub, landscaping, and more. Only pay for internet/cable! View Post

💎 $1.4M | Hot Springs National Park, AR: Spacious 4BD/3BA home with central AC, heating, and in-unit laundry. Features balcony, patio, fireplace, walk-in closet, and off-street parking. Unfurnished. View Post

🏡 $350K | Point Venture, TX: 3BD/2BA lake home! STRs allowed, can be sold furnished. Enjoy award-winning golf, marina, pool, 50-acre park, sports courts, and more! Walk to stores, bars, and floating restaurant. View Post

🌳 $1.186M | Jacksonville, FL: Historic 3BD/3BA home in Avondale. Oversized lot with lush grounds by famed architect Raymond Jungles. Blend of classic charm and modern luxury. Flexible rental options. Rare opportunity! View Post

🏖️ $2.9M | Panama City Beach, FL: Own a STR duplex. TWO side-by-side 4BD/4.5BA homes just steps from the beach! Each features a garage, perfect for rentals during bike week. No HOA, amazing backyard oasis! View Post

🏝️ $699K | Nokomis, FL: Rare opportunity to own 3 charming Boho beach bungalows near Nokomis Beach! Flexible use—rent all, keep one, or use as family compound. Spacious lot for boat/RV. No HOA. Move-in ready! View Post

🏡 $1.495M | Navarre Beach, FL: Brand new 5BD/5BA home with 2 ensuite masters, 3-stop elevator, and office/bunk room. Built to withstand 180mph winds. Luxury and convenience combined! View Post

🏡 $429K | Blue Ridge, GA: Charming 2BD/2BA cabin in Cherry Lake. $63K short-term rental revenue. Features wood-burning fireplace, hot tub, seasonal mountain views, and new kitchen countertops. Ideal investment! View Post

🌲 $700K | Pigeon Forge, TN: Newly built 3BD cabin (2022) just 5 mins from Parkway! Sleeps 10 with game room, hot tub, and community pool. Quiet location, low $200/month HOA. Fully furnished with strong rental bookings! View Post

🌅 $477.7k | Hoopers Island, MD: A must see! STR revenue history $90k to $100k every year! Spacious 5BD home with stunning Chesapeake Bay views! Fully furnished, features a covered porch, game room, and custom fire pit. Ideal for a tranquil getaway or rental. View Post

🏡 $599.9K | Tracy City, TN: Luxury 2BD/2BA waterfront home with loft in The Retreat at Water’s Edge. Screened porch, dock access, and stunning lake views. STR-friendly community with hiking trails, fire pits, and more. View Post

🏡 $250K | Augusta, GA: Updated 4BD/2BA home with new roof and AC. Features finished basement with extra entrance, fenced yard, hardwood floors, and covered parking. Prime location near Augusta National. Great rental potential! View Post

🏢 $474K/Unit | Milwaukee, WI: Historic Bentley Condotel in Walker's Point! Newly renovated cream city brick, 2 units available. 2023 revenue: $98K. Private garages, separate entrances, enclosed courtyard. Prime short-term rental location! View Post

🏡 $1.34M | Brookeland, TX: BELOW VALUE - Stunning 6BD/4BA waterfront home with 4,100 sqft. Features vaulted ceilings, stone fireplace, gourmet kitchen, and luxurious primary suite. Massive 3-car garage with RV storage. Built for elegance and comfort! View Post

🏡 $545K | Waterboro, ME: Stunning 4BD lakefront home in Lake Arrowhead Community! 169 ft of owned frontage. Perfect for personal use or as a rental. Open house on the 29th, 2-4 PM. Don’t miss this lakeside retreat! View Post

🏡 $675K | Asheville, NC: Beautifully remodeled 4BD/3BA oasis near Biltmore Village. Dual primary suites, separate entrance for Airbnb potential as owner-occupied Airbnb. Set on a private 0.5-acre hilltop with room for development. Prime location, income potential! View Post

🏡 $150K | Wildwood, GA: Unique 1BD/2BA loft with custom woodwork at the foot of Lookout Mountain. Overlooks Lookout Flight Park landing zone. STR-friendly, fully furnished, low HOA/taxes. 25 mins from Chattanooga. Turnkey investment! View Post

🌴 $975K | North Myrtle Beach, SC: Luxury 5BD/5BA beach rental with private pool. Ideal for large groups or families. High-end finishes throughout. Strong rental potential in a prime location. View Post

🏖️ $799K | Daytona Beach Shores, FL: Stunning renovated 3BD/3BA oceanfront condo at St. Maarten. High ceilings, Silestone countertops, covered balcony with breathtaking views. Amenities include pools, fitness center, and more. Pet and STR-friendly! View Post

🌲 $589K | Sevierville, TN: Private 3BD/2BA cabin on 1 acre, 10 mins from Pigeon Forge. $83K gross income in 2022. Open floor plan, walk-around deck, hot tub, fire pit. Updated flooring and fixtures. $10K in buyer concessions! View Post

Boost Your Airbnb Profits by Embracing the Slow Travel Movement

Why I’m Investing in Slow Travel–and Why You Might Want to Consider It

Have you noticed how travel is changing? As both an Airbnb investor and someone who loves the slow travel lifestyle, I’ve seen more and more people opting for longer stays that let them really get to know a place.

This trend, known as slow travel, is catching on with remote workers, online entrepreneurs, full-time real estate investors, and retirees who have the freedom to live and work wherever they choose.

Being part of this group and investing in it has opened my eyes to the opportunities this shift presents. By offering mid-term rentals, we can attract guests who are looking for a home away from home for weeks or even months, whether they’re traveling within the country or exploring abroad.

Read More

 Short-term Rental News

🌐 Airbnb sees a bright future in long-term stays as the company eyes significant growth opportunities. With more people embracing remote work, demand for monthly or longer rentals has surged, contributing 18% of the company’s bookings in 2023. This trend positions Airbnb to capitalize on a new segment that combines flexibility with stability, appealing to digital nomads and families seeking extended stays. Read more

🛸 Airbnb is partnering with Jaime Maussan for an out-of-this-world experience that offers travelers the chance to stay in extraterrestrial-themed accommodations and participate in a UFO sighting tour in Mexico. This unique offering aims to tap into the curiosity and adventurous spirit of travelers, blending unconventional stays with cultural intrigue. Read more

🏡 Central Texas boasts some of the best Airbnb options for unique stays, ranging from rustic cabins in the Hill Country to luxurious retreats with breathtaking views. These top-rated properties reflect the growing appeal of short-term rentals in the region, offering travelers a home-away-from-home experience that hotels can’t match. Read more

⚖️ Brooklyn's new law places strict limits on short-term rentals, restricting the number of days a property can be rented and mandating that hosts live on-site. The regulation aims to curb the impact of Airbnb on housing availability and neighborhood dynamics, reflecting a broader trend of cities grappling with the platform’s rapid growth. Read more

💬 Airbnb CEO Brian Chesky defends the company’s “founder mode” strategy, amid criticism that the model is too insular. Chesky argues that retaining founder influence allows the company to remain agile and focused on innovation, a necessary approach as Airbnb faces increasing regulatory challenges and evolving consumer demands. Read more

Housing Market News

📉 Five U.S. housing markets are set to see significant value declines, with some cities facing drops of up to 10%. The downturn is driven by a combination of rising interest rates, decreased buyer demand, and a slowing economy, signaling challenging times ahead for both homeowners and investors in these regions. Read more

🏗️ The Fed’s recent rate cut could have mixed effects on the housing market, potentially easing mortgage costs but also discouraging new construction due to higher material costs. Homebuilders are facing a tough choice: absorb higher costs or pass them on to consumers, complicating the market’s path to recovery. Read more

🌏 Living abroad is becoming an attractive option for those seeking lower costs of living, with countries like Portugal and Mexico offering more affordable housing, childcare, and food expenses compared to the U.S. This trend highlights a growing interest in international relocation as people search for better quality of life and financial stability. Read more

😈 Bad behavior is on the rise in real estate, with unethical practices like false advertising, property misrepresentation, and even harassment becoming more common. The competitive market and high stakes are driving some agents and brokers to bend the rules, undermining trust in the industry and prompting calls for stricter regulations. Read more

Economic News

📈 The Fed believes it has the inflation fight under control, but most Americans remain unhappy with the economy as high prices persist. Despite cooling inflation, the disconnect between economic data and public sentiment could have implications for consumer spending and the upcoming election cycle. Read more

🌍 U.S. economic outperformance post-pandemic is challenging global competitors, with strong growth and robust labor markets keeping the dollar strong. However, this strength also poses risks to exports and international investment, as American goods become pricier abroad, potentially hampering the long-term outlook. Read more

🚗 The auto industry faces a complex 2024, with economic uncertainty and technological shifts reshaping consumer behavior and manufacturing trends. Electric vehicles, supply chain issues, and fluctuating demand are among the key factors influencing this sector, which remains a bellwether for broader economic trends. Read more