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What can you do with $50k into STRs? 

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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.

 

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