THE LATEST

What can you do with $50k into STRs? 

digital-marketing-agency-ntwrk-g39p1kDjvSY-unsplash

Let me show you some STR financial magic...

 

Take your $50k and find a small Lifestyle Asset vacation home in a market where the rental demand is going up (occupancy and nightly rate) - let's say it's a cabin on a small lake outside of town for $350k.

 

Finance it as a second home loan at 10% -

 

Down Payment - $35k

Furnishing/Improvements - $15k

 

Let's say you find, analyze, close, set up, and "go live" with your listing in just 90 days.

 

May - educate yourself on STRs, build your team of professionals

June - look at and analyze deals, make offers

July - close and set up

August - go live

 

Your projected annual revenue you analyzed was $35-60k, and you started most of the way through the year. You end the year with $22k in revenue.

 

You're now in an asset that will appreciate long-term..

 

Revenue paid most of your fixed and all of your variable expenses for the property..

 

You're set up to push $60k next year, with $20-30k of it being cash profit..

 

You visit with your accountant, take some major tax strategies, and discover you can write off most of your active income this year, saving you over $30k in taxes...

 

STR magic!

 

You had $50k.

 

You invested it, and saved $30k in tax liability, paid your expenses, and are set up to pocket $20-30k next year on an asset that is slowly appreciating and getting paid down.

 

Why wouldn't you do this?

 

Whatever your answer is to that question is the roadblock you have keeping you from succeeding with this asset class.

 

If that roadblock is ignorance or a lack of education, I hope you'll do what it takes to close that gap for yourself one way or another.

 

Don't sleep on these "base hit" financial moves and the power of this asset class. Every month our members are making these moves like clockwork, while the rest of the world wonders why they can't find a way up.

 

With the right tax strategies in place, you can write off most of your active income for the year, saving you over $30k in taxes. This is the financial magic of investing in STRs, and it's an opportunity you don't want to miss.

 

At Vodyssey, we specialize in helping people invest in long-term rentals, including STRs. Our team of professionals can guide you through every step of the process, from finding the right property to setting up your listing and maximizing your revenue. Don't let ignorance or a lack of education be the roadblock to your success - start exploring the financial magic of STRs with Vodyssey today.

 

Most Recent

Assets, Not Dollars; Cashflow, Not Cash; Avoiding the “Sky is Falling” Economy/Inflation Trap

By seoteam | June 21, 2023 |
Posted in
THE LATEST Assets, Not Dollars; Cashflow, Not Cash; Avoiding the "Sky is Falling" Economy/Inflation Trap What if the US dollar lost its status relative to other currencies overnight? What if rampant inflation turned $1000 of purchasing power into $100 in a single night? What if the economy slowed down to a standstill in the next ...

The Short-Term Rental Boomerang: How to Get 100% of Your Money Back in 1-2 Years

By seoteam | June 20, 2023 |
Posted in
THE LATEST The Short-Term Rental Boomerang: How to Get 100% of Your Money Back in 1-2 Years Are you a newbie investor constantly crunching numbers to calculate returns on your investments? While returns are important, seasoned investors understand the significance of the return of capital-the speed at which they can recoup their initial investment. If ...

Unleashing the Power of AirDnA: Mastering Market and Property Analysis for Vacation Home Investors

By seoteam | June 19, 2023 |
Posted in
THE LATEST Unleashing the Power of AirDnA: Mastering Market and Property Analysis for Vacation Home Investors Do you use AirDnA to Underwrite Your Deals? If you're involved in the vacation home industry, chances are you've come across AirDnA. This software pulls rental data from platforms like Airbnb and VRBO, providing an overview of occupancy rates, ...

The Housing Market Is About to Explode: Capitalize on the Opportunities Now

By seoteam | June 18, 2023 |
Posted in
THE LATEST The Housing Market Is About to Explode: Capitalize on the Opportunities Now You may have heard prominent figures like Barbara Corcoran and other industry experts discuss it, and now it's time to pay attention-the housing market is on the verge of a significant shift. With the market currently undersupplied, fluctuating interest rates, and ...

Unlocking the Potential of Short Term Rentals for Financial Freedom

By seoteam | June 17, 2023 |
Posted in
THE LATEST Unlocking the Potential of Short Term Rentals for Financial Freedom 2 ways you pay tuition when it comes to learning the short-term rental game Are you ready to step up your game and achieve financial freedom through short term rentals? If you're determined to be in category 1 - the group of people ...

How to Be a Top Property in Your STR Market

By seoteam | June 16, 2023 |
Posted in
THE LATEST How to Be a Top Property in Your STR Market In today's dynamic short-term rental (STR) market, staying ahead of the competition requires strategic planning, adaptability, and a keen understanding of your property's performance. This blog post will guide you through the essential steps to position your property as a top contender in ...

Isn’t it time you gave yourself an unfair advantage? The secret to financial freedom

By seoteam | June 15, 2023 |
Posted in
THE LATEST Isn't it time you gave yourself an unfair advantage? The secret to financial freedom Unleashing the Unfair Advantage: Achieving Financial Freedom with Vacation Rentals   It's not pretty. It's not politically correct. But it's the truth. Those who achieve financial freedom often do so by giving themselves unfair advantages. While it may sound ...

The Power of Clarity and Commitment: Defeating Drifting for Financial Freedom

By seoteam | June 14, 2023 |
Posted in
THE LATEST The Power of Clarity and Commitment: Defeating Drifting for Financial Freedom The #1 killer of dreams and the devil's favorite tool, and why it's keeping you from your financial goals One of my favorite books that has sparked controversy and remained unpublished for over 50 years after the author's death is "Outwitting the ...

3 Reasons Why Short-Term Rentals Can Generate High Returns

By seoteam | June 13, 2023 |
Posted in
THE LATEST 3 Reasons Why Short-Term Rentals Can Generate High Returns Short-term rentals have become a lucrative investment opportunity, offering property owners the potential for high returns. This blog post will explore three key reasons short-term rentals can yield such profitable results. From the emotional value they offer to the limited supply in destination markets, ...

Protect Your Financial Future by Investing in Long-Term Rentals During Inflationary Times

By seoteam | June 12, 2023 |
Posted in
THE LATEST Protect Your Financial Future by Investing in Long-Term Rentals During Inflationary Times The inflation situation in the United States is quite concerning. The current rise in inflation is the highest it has been in over 40 years. This means the cost of living is becoming more expensive by the day, and the purchasing ...

920 S Chambers Street #11, South Ogden, UT 84403

DISCLAIMER: The contents of this site are for educational and informational purposes only, and are not to be construed as legal, tax, or financial advice. Any financial results referenced herein should not be considered typical; success depends on a multitude of factors. Use caution and always consult licensed professionals for any tax, legal, or investment advice. All results achieved by our members are their results alone, achieved by their own individual effort and made easier by our help. Investing in education, training, and coaching is an excellent investment for individuals who are willing to implement it and persist until they achieve the results they desire; it is not intended as a substitute for individual effort, decision-making, and due diligence.

© 2022 Vodyssey. All rights reserved