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  • ๐Ÿ”ฅ STR Homes for Sale | Scouting Report

๐Ÿ”ฅ STR Homes for Sale | Scouting Report

๐Ÿ†• DSCR Mortgage Report | STR Event Calendar

(NEW) WEEKLY STR LOAN REPORT by:

Happy New Year!

Hereโ€™s your weekly STR scouting report!
โœ… STR Homes for Sale: Trending posts, featured STR properties, and top picks from local STR Agents.
โœ… Maximize STR Occupancy in 2024: Vacasa outbooks 92% of all other property managers. See for yourself, get a personalized income quote.
โœ… STR Mortgage Report (new): This weeks STR mortgage trends.
โœ… STR News Nuggets: Latest STR and real estate news.
โœ… STR Events & Conferences (new): STR events to attend in 2024 to learn, network, and grow. Special discounts may apply.
โœ… STR Resource Round Up: STR tools and resources from vetted and trusted STR product and service partners.

The STR Scout Team

TRENDING STR HOMES FOR SALE POSTS

๐Ÿ†“ Post your STR HOME FOR SALE on the #1 STR marketplace - FREE

$174.9k | Port Sanilac Village, MI: Nice lake community, low price point, great cash flow potential. View Post

$2.0m | Fort Lauderdale, FL: New listing, charming turnkey STR bungalow loaded with extras. View Post

$325k | Branson, MO: STR cashflowing property with over 80 nights already booked for 2024. View Post

$669K | Jupiter, FL: Nice turnkey STR that generated 70k revenue in 2023. View Post

$315k | Gulf Shores, AL: Retiring and selling 3 condoโ€™s, this one grossed over 55k in 2023. View Post

$995k | Groesbeck, TX: Turnkey STR centrally located to Dallas, Waco, Austin, College Station. View Post

$469k| Sparta, TN: A must see absolute dollhouse 70 miles East of Nashville. View Post

$490k | Fort Lauderdale, FL: Assume a 2.375% mortgage, large home with heated pool. View Post

$599k | Finger Lakes, NY: 5 bed, 3 bath on 1.6 acres, strong rental history over $102k annually. View Post

$825k | Nashville, TN: Price reduced! Turnkey STR only 5 minutes to downtown Nashville, STR zoning. View Post

$279k | Saint Roberts, MO: Big price reduction, moving forces the sale, over 80% occupancy rate in 2024. View Post

$315k | Beaufort, SC: 40000 Marine graduates a year in a highly desirable market. View Post

$250k | Lexington, MI: Quaint cottage sleeps 11, brief walk to 1 of 8 private lakes. Low cost STR retreat. View Post

$850k | Branson, MO: Turnkey portfolio with 3 STR condoโ€™s and a direct booking website. View Post

โ€ฆsee more STR deals on the #1 STR Homes for Sale marketplaceโ€ฆ

STR AGENT TOP PICKS

$1.75m | Rustic Montana Estate with Home & (2) Guest Cabins - 10 Minutes to Downtown Whitefish

Main Home โ€“ 3,130 SF | 4 beds | 4 baths

Guest Suite โ€“ 518 SF | 1 bed | 1 bath

Guest Suite โ€“ 518 SF | 1 bed | 1 bath

๐Ÿ’ฐ Revenue: Up to $350k Annual Revenue!

โ›ฐ Year-round recreation with Glacier National Park, Whitefish Mountain Resort, Lakes, Rivers, & Mountains nearby

๐Ÿ˜ Fully Turn-Key - recently updated interiors & designer furnishing accentuate this luxury property.

๐Ÿ˜ 9-acre estate includes barn, workshop, kids play cabin & authentic trapping shed

โ›ท Ideal location thatโ€™s only 10 minutes to downtown Whitefish!

This is your 2024 opportunity to create your SUPER Mountain Estate Property by adding amazing outdoor amenities like games, firepit, hot tub and more for a large group to be able to enjoy the outdoor spaces!

For more information:

  • Contact: John Hayes

  • Call or Text: 850-375-4113

  • STR Agent: Whitefish and Montana Vacation Towns

$699,000 | Ashville, NC | Luxury STR Retreat with Breathtaking Mountain Scenery!

๐Ÿ’ฐ Revenue: Low: $65k | Avg: $85k | High: $115k

๐Ÿ  This 4 bed 3 bath modernized home offers a great mix of luxury and vintage feels.

๐Ÿ  ๐Ÿ  Transition into two separate rental spaces with a turn of the door handle.

๐Ÿ” Quaint neighborhood and mountain views from various outdoor features.

For more details:

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

STR FEATURED PROPERTY | TULUM, MEXICO

$499k | Turnkey STR Oasis | Rare 40% Down Financing Option

Gorgeous STR Villa in Tulum, Mexico that is rent-ready! This is a rare opportunity to diversify into STR in Mexico with only 40% down, and walk into instant cashflow!

  • We are 95% SOLD OUT with our pre-construction lots and homes in this development and you are not able to get lending on pre construction. It takes ALL CASH to buy a to be built home in Mexico.

  • We only have 6 units left in Phase II or Phase III that are pre-construction floor plans that will take 10-11 months to build and will be ready for rent or to be lived in next Christmas 2024.

  • This is a very rare opportunity to leverage 60% unique bank financing and walk into an immediate CASH-FLOW asset and income.

  • We are seeing some amazing numbers on Airbnb and STR with just being on the market less than 30 days.

  • This Villa has the ability to generate $50,000 usd in net profits after expenses and management fees. Returns are not guaranteed and you must do your due-diligence.

  • Turnkey with Airbnb management in place.

The sellers are having to move back to Europe to tend to some urgent family matters and are needing to sell now!

Contact: Matthew Layman (Layman Lux Intl Realty)
WhatsApp: + 1 512 771 0754
Property Website - Details 

STR DSCR LOAN REPORT by HOST FINANCIAL

๐Ÿ“‰ Market Highlights: DSCR rates remain largely unchanged from significant reductions in Q4 2023. Fed meeting notes (1/3/24) indicated rates โ€œlikely at their peakโ€ and clear progress has been made on inflation. Consensus is for rate cuts by end of 2024. Market is pricing in DOUBLE the amount of rate cuts compared to FED guidance.

๐Ÿ“ˆ Treasury Yields Up to Start the Year:

  • 3 YR T-Bill:: 4.150% / +13.41bps (5 Day Change)

  • 5 YR T-Bill: 3.975% / +12.62bps (5 Day Change)

 ๐Ÿฆ Current STR & LTR DSCR Loan Highlights:

  • Max LTV | Purchase: 85%

  • Max LTV | Rate & Term Refinance: 80%

  • Max LTV | Cash Out Refinance: 75%

  • Floor Rate (lowest possible); 5.990%

Baseline DSCR Purchase Loan Scenario (example):

  • Buy a Single Family Home (STR or LTR)

  • Est. Rate: 7.250% for 75% LTV | 7.990% for 80% LTV

  • Loan Term: 30 Year Fixed

  • Buy Down Points: No Additional Buydown Points

STR EVENTS AND CONFERENCES

STR Wealth Conference | February 5-8, 2024

What the event is all about

  • Experience the ultimate inspiration and gain outsider perspectives at The STR Wealth Conference!

  • Join us for a 4-day immersive journey that will leave you feeling like an unstoppable rock star in your career and personal life.

  • Our event is not your average hotel ballroom conference - we've got surprises around every corner to keep you engaged and growing.

  • Our high-energy presenters and MC will set the tone for a learning experience like no other.

  • You'll have ample opportunities for networking in between sessions, building new connections and gaining inspiration from like-minded individuals who are pushing boundaries in their respective fields.

  • Our lineup of exciting speakers will share their insights on achieving your goals, leaving you with actionable takeaways and invaluable relationships to help you build wealth and create the life you want.

  • Don't miss this chance to be at home in your own success while remaining open-minded to new ideas.

  • Register now for The STR Wealth Conference and discover what it means to be truly inspired!

INDUSTRY NEWS NUGGETS


โš ๏ธ 27.9% STR Tax in CO: STR investors will pay 27.9% if Bill 6 is passed in Colorado. Pagosa Daily

๐Ÿ’ฅ Frontdesk Terminates 200: A $26m STR prop tech company abruptly terminates all 200 employees raising concerns for other STR prop tech companies. Ecomomic Times

๐Ÿคฟ Deep Dive into Charlotte: Price trends, best neighborhoods, and predictions for the 2024 housing market in Charlotte. Charlotte Observer

๐ŸฅŠ STR Battle Royal in Dallas: Dallas city leaders want to keep short-tern rental ban and are ready to go to court to defend it. Audacy

๐Ÿ’ฅ Bleisure Boom: A boom exists among short-term vacation rentals. Independant

โ„๏ธ Housing Chill: How housing chill is seeping into other industries. Seattle Times

๐Ÿ”ฅ 20 Emerging Markets: Here are 20 of the hottest markets for real estate investors in 2024. Yahoo

๐Ÿฆ $34 Trillion: US debt level hits a record 34 trillion. America can just not stop spending. CNN

STR EVENT & CONFERENCE CALENDAR

๐Ÿ˜ Upcoming conferences you will want to miss! Network, learn, and grow your STR businessโ€ฆ.

๐Ÿ January 9th-10th | Short-Term Rental Forum | Miami: Learn, network, grow with STR experts. STR Scout subscribers use STRVIP20 code for 20% discount (share this with your network!).

๐ŸŒ† January 23rd-25th | Inman Connect | NYC: Real estate industry experts, market trends, networking, with real estate industry leaders.

๐ŸŽธ February 5th-8th | STR Wealth Conference | Nashville: STR industry expert speakers, STR workshops, networking, and expo.

Freddie Mac 30yr Mortgage
(Weekly 12/14)
6.62 (+.01 since last week)

U.S 10 yr Treasury Bill
(Weekly 12/15)
3.87 (+.16 since last week)

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