🔥 STR Homes for Sale | Weekly Hotlist

OUR TRUSTED LENDING PARTNERS AT HOST FINANCIAL

Host Financial | The Leading Lender for Short-Term Rental Investors since 2018.

Host’s forward thinking approach to underwriting allows investors to qualify for a 30 year mortgage using the property’s STR income instead of their own.

• With no tax returns or personal income verification needed, allows for quick closes and hassle-free underwriting.

• No credit pull and no risk to explore your STR loan options.

• Get a Quick Quote for a Cash Out Refi or Purchase Money.

• Financing STR and LTR investors, DSCR loans, bridge, rehabs, or flips.

  💥 Mention STR Scout & Host will waive $500.00 processing fee! 💥

STR HOMES FOR SALE - TRENDING DEALS

🏡 STR Agent (Listing Agent) Posts

Listing Agents | Post your STR Listing - FREE  

• $165k | Eatonville, WA: The perfect Airbnb base camp glamping opportunity on 5.38 acres with seller financing. View Post

• $325k | Poconos, PA: Centrally located turnkey STR with track record of generating $70k annual revenue. View Post

• $1.625m | St. Augustine, FL: Waterfront intercoastal to guest experience with the best boating, walk to beach. Established Airbnb/VRBO. View Post

• $649k | Anna Maria Island: Tropical oasis pool home minutes from two world-class beaches. Close to kayaking and boat launch. View Post

🏡 STR FSBO (Owner) Posts

Owners - Post Your STR FSBO - FREE

• $599k | Hot Springs, AR: Waterfront canal (2) townhome units, side-by-side, edge of city limits, not subject to STR permitting. Seasoned STR with 12 month financials. View Post

• $419k | Kissimmee, FL: Price cut! Turnkey disney-themed condo in popular Storey Lake Resort. Spacious condo tastfully furnished. Zoned STR, minutes to ALL parks. View Post 

• $899k | Nashville, TN: Price reduced! Only 5 minutes from downtown. Hard to find turnkey Airbnb that allows NOO-STR permit. View Post

• $1.0m | Morgantown, GA: Turnkey luxury generated $127k. Loaded with amenities, gateway to Blue Ridge. Open to co-hosting if you want a passive investment. View Post

• $175k Ocean City, MD: The perfect turnkey getaway for under $200k! In the heart of everything, walkable, and updated. View Post 

• $424k | Mentone, AL: Elmont Retreat. Established turnkey Airbnb in Mentone, voted best small town AL. A “guest favorite” and “superhost”, must see. View Post

• $625k | Sarasota, FL: Proven turnkey moneymaker with $107k ytd revenue through 10-31-23. View Post

• $900k | Marco Island, FL: $96k on the books, 5 minutes to the beach, being sold complete turnkey! View Post

• $800k | Denver, CO: Unique opportunity to buy Airbnb “subto” with a 4.125% mortgage in place. View Post

🏨 Multifamily

• $1.1m | Nashville TN: Turnkey Airbnb with designer furnishings. One of 12 total units available, buy one, buy all. 7 minutes to downtown. View Post

STR AGENT TOP PICKS

$1,095,000 | Modern Farmhouse Escape With Big Views on 6 Acres Near Glacier National Park

4 bed | 2 bath | 2401 sq. ft.

💰 Revenue: Income projection between $140-202k. Plans in place to add ADU creating additional $40-50k.
🏡 Remodeled Farmhouse with professional chef kitchen designed by local restauranteur!
🏘 Host Large Groups and families and generate large revenue with 4 beds, offce, 2 bonus rooms, and future ADU.
⛰ Garage, Shop, Barn and Outbuildings to make great entertainment and shtorage spaces for creating the ultimate mountain getaway experience.

For more information:

• Contact: John Hayes

• Call or Text: 850-375-4113

• STR Agent: Whitefish and Montana Vacation Towns

$989,000 | Discover 106 Grassy Views | Scenic Retreat for Short Term Rental Guests | Candler, NC

3 bed | 4 bath | 4992 sq. ft.

💰 Revenue: Contact Tyler Coon for details.
⛰ Beautiful crafted woodwork with huge front and back yard enclused by nature.
⛵️ Located in mountains of Candler on level to gentle sloping lot.
🏠 Custom-built with large porches for guests to soak up the surrounding views, there is nothing like it.

For more details:

Contact: Tyler Coon
Call or Text: 828-620-2541
STR Agent: Ashville and surrounding communities
[email protected]

INTERNATIONAL STR SPOTLIGHT

Airbnb-Friendly Investment from Our Global Partners

Explore. Travel. Invest. Diversify.

🌇 Vitrali | Sao Paulo | Brazil: One of the lowest priced, highest yielding, luxury real estate investment opportunities we have discovered. Double digit net projections, diversification, turnkey luxury, in one the most affluent areas of thriving Sau Paulo, Brazil.

Discover Vitrali, hand-picked by our trusted world-wide scouting partners.

Airbnb.com vs. Bookings.com | STR Focus

Skift | Key Takeaways:

Booking.com's Early Entry into Short-Term Rentals:

• Booking Holdings CFO, David Goulden, revealed that Booking.com entered the short-term rental market over 15 years ago, around the same time Airbnb began its journey in San Francisco.

• Initially, Booking.com's focus was primarily on apartment hotels in Europe, differentiating from Airbnb's emphasis on individual owners and tenants renting apartments in U.S. cities.

Public vs. Private Dynamics:

• Airbnb's private status allowed it to break out as a leader, benefiting from a more relaxed approach to local regulations.

• In contrast, as a public company, Booking.com exercised greater caution regarding regulatory compliance.

European Dominance in Booking.com's Short-Term Rental Business:

• Booking.com's short-term rental business, still termed "alternative accommodations," is heavily skewed towards Europe.

• In Q3, one-third of Booking.com's bookings came from short-term rentals, growing at a rate twice as fast as its core hotels business.

• The European short-term rental mix is considerably higher than in the U.S., attributed to Booking.com's longer history and experience in the European market.

U.S. Short-Term Rental Growth:

• Despite being behind in evolution compared to Europe, Booking.com's U.S. short-term rental listings saw accelerated growth in Q3, outpacing the overall sector growth.

• The U.S. remains a key focus for acquiring short-term rental listings, aiming to make it the fastest-growing market for supply.

Booking.com's Listing Strategy:

• Booking.com's strategy involves partnering with property managers with hundreds or thousands of listings rather than individual hosts.

• While specific regional breakdowns are not disclosed, Booking.com reported a total of 7.2 million listings in Q3.

Airbnb's Global Expansion Focus:

• Airbnb, on the other hand, is directing efforts towards international growth.

• Recent executive changes aim to drive international expansion, increase global host supply, and lead business and corporate development activities beyond its core markets.

INDUSTRY NEWS NUGGETS

⬇️ Phoenix Losses Mounting: A growing number of owners are selling homes for less than they paid. More than 3% of October sales sold for a loss. Axios

👮‍♀️ Dallas Judge Blocks STR Ordinance: STR owners buy more time to overturn new zoning laws that would ban STR’s. The fight is not over. Trial set for June 24. D Magazine

📈 Airbnb Inflection Point: Airbnb makes organizational changes to focus on growth across existing and “new” business channels in 2024. CNBC

💥 2024 Housing Crash Predictions: Will we have a crash in 2024? Here is what the experts are predicting. Forbes

🇨🇷 Pura Vida Lifestyle Investor’s: Costa Rica has beauty, more affordable real estate, making it a natural target for STR real estate investing. Islander News

👮 New Sevierville STR Permit Requirements: You will soon need a permit to operate your STR in Sevier county. Here is what you need to know. WATF

💰Niche & Grow Rich: Hostels are transforming their appeal to attract those who can no longer can afford Airbnb ADR’s. Nerd Wallet

🏦 Raising Money May Get Easier: Recent proposed congressional change to remove “accreditation” requirements will allow investors to simply pass a “financial savvy” test. This lowers the bar allowing non-accredited investors the ability to invest in deals that are reserved for accredited investors today. Kiplinger

DEBT BUBBLENOMICS

MORTGAGE WATCH

⬇️ 30-year Fixed Mortgage: Mortgage rate fall to 7.03%, as of Thursday, December 7th, 2023. But will need to drop lower to recharge demand?

What's happening with mortgage rates:

🧠 Mortgage Rate Volatility: Mortgage rates have experienced a roller coaster ride in 2023, starting at 6.45% in January, peaking at 8.03% in October, and currently resting at 7.03%. Contrary to predictions of a prolonged 8% era, recent data indicates a potential shift in the market.

Why it matters:

Caution in Optimism: Despite a modest decline in rates and an uptick in mortgage applications, many experts urge caution. The rate outlook remains conservative due to unpredictability in the economy. It is premature to celebrate lower rates and improved applications.

Future outlook:

Structurally Higher Rates: Capital Economics forecasts a steady decline in mortgage rates over the next two years, but the drop is not expected to go below 6% until the end of 2025. This cautious outlook is reinforced by realtors, emphasizing the need for sustained positive progress over an extended period. The journey to pre-pandemic levels may be prolonged. Yahoo Finance

⬇️ 10 Yr Treasury: The 10 year treasury yield finished the week flattrading at 4.25% as of Friday, December 8, 2023.