Investor Blogs How to Find Short Term Rentals for Sale by Eman Hamed July 31, 2020July 28, 2020 by Eman Hamed July 31, 2020July 28, 2020 Searching for the best short term rentals for sale in the US? Then you absolutely need these tools! Investing in short-term rental properties is not as difficult as some might think. Just like any real estate investment strategy, it can be quite profitable when done right. But, if you’re planning to buy a vacation home to rent out on short-term listing sites such as Airbnb, it’s likely that you have a lot of questions about this strategy. How can I make money from Airbnb? How do I know if Airbnb is even profitable? Where are the best cities for Airbnb investment? These are some of the most commonly asked questions by beginners – you can find the answers to these questions on the Mashvisor blog. In this article, we’ll be answering another important question: how can I find short term rentals for sale? Whether you are investing in long-term or short term rentals, finding the best investment is not easy. That is, of course, if you’re following traditional methods of finding investment properties for sale. But, thanks to the emergence of various real estate investment tools in recent years, this task is now made easy. In this article, we’ll introduce you to the best tools out there that you need to find short-term rental properties for sale in 2020. And the best part is that you’ll find all these tools in one platform – Mashvisor! But First, Keep Airbnb Regulations in Mind When you’re searching for short term rentals for sale, you first must realize that you need to check in with the short-term rental laws. Laws and regulations surrounding Airbnb rentals vary from city to city and even from country to country. In recent years, many laws emerged that restrict and even ban the use of short term rental properties as investments in many cities. This includes cities like Los Angeles, New York, San Francisco, Las Vegas, and others. In other cities, there are requirements regarding the type of property that can be listed as a short term vacation home. These requirements include the way it is designed, built, maintained, etc. So needless to say, it’s important to research local regulations in the city where you plan to invest in vacation rentals and be consistent with them. This is a vital step before finding short term rentals to invest in. For more, check out this Step-by-Step Guide on How to Invest in Short Term Rentals. Finding Rentals for Sale on Mashvisor The key to finding short term rental properties for sale is hidden in conducting research. Just like you’d research the rental market before investing in traditional rentals, you must conduct a short term rental market research. This research requires you to study the location and compare rental properties in terms of certain real estate metrics. To find the best short term rentals for sale, the most important metrics to consider are the rental income, cap rate, cash on cash return, and the occupancy rate. Running these numbers helps you find the most profitable investment properties in the market with the highest rate of return. Still, researching the short term rental market and running these numbers by hand almost never gets accurate results. Luckily, Mashvisor provides the investment tools and short term rental data that you need to conduct your market and investment property search quickly and effectively. Here’s how to find short term rentals using Mashvisor’s tools and analyze them to make sure they will derive the most profit. Related: Buying Airbnb Property in 2020? Then You Need These 3 Tools #1 Rental Property Finder The ultimate tool to find the best short term investments is, without a doubt, Mashvisor’s Rental Property Finder. As you can tell by the name, this tool allows real estate investors to browse rental properties for sale in different locations across the US housing market. The tool comes with some filters that allow you to set your criteria of what type of property you’re looking for. To find short term rentals using this tool, simply set the “Rental Strategy” filter to Airbnb. You can also narrow down your investment property search by setting the city, miles, budget, property type, number of bedrooms, and number of bathrooms filters. Mashvisor’s Rental Property Finder Using the latest machine learning algorithms and predictive analytics, Mashvisor’s Rental Property Finder will immediately provide you with a list of rental properties for sale that meet your criteria. Furthermore, the properties we recommend are those that have the highest potential for returns in terms of Airbnb cash on cash return. With our investment tool, real estate investors turn their property search from 3 months into just 15 minutes! Want to get access to this ultimate tool for finding short term rentals for sale? All you have to do is sign up for a FREE Mashvisor account. Sign Up for Free #2 Real Estate Heatmap As we all know, location is key for successful real estate investing – this applies to Airbnb investing as well! And when speaking of location, we’re not only talking about the city, but you need to find a good neighborhood for investing in vacation rentals. If you already have a city in mind but not sure which neighborhoods are best for owning short term rentals, our Real Estate Heatmap will help you out! This tool shows you a color-coded overview of how Airbnb rentals are performing in different areas. Simply type in your city of choice and select from the filters that you’d like to analyze the area based on. These filters are: Listing Price Airbnb Rental Income Airbnb Cash on Cash Return Airbnb Occupancy Rate Mashvisor’s Real Estate Heatmap For example, if you select Airbnb rental income, the Real Estate Heatmap will highlight the areas where short term rentals make the highest rental income in green. Likewise, if you select the Airbnb occupancy rate, the tool will highlight the areas with the highest occupancy rates. You can keep adjusting the filters and compare different neighborhoods until you identify which one has the best Airbnb real estate investment opportunities. To learn more, make sure to read Airbnb Rentals: Finding Income Properties Using a Heatmap. #3 Investment Property Calculator The final and most important step for finding short term rentals that will bring you profit is to run the numbers behind the deal. This requires you to first calculate the costs of buying and operating a vacation rental business. Then you need to estimate what return on investment you can expect to earn from the property. As mentioned, you don’t need to do this Airbnb investment analysis by hand anymore when you have Mashvisor’s real estate investment software to help you out. To make sure you’ve found a property that is worth listing on Airbnb, use our Investment Property Calculator – Also known as the Airbnb Rental Calculator. With this tool, you’ll get a readily-available rental property analysis for any listing across the US housing market. This analysis includes short term rental data that comes straight from Airbnb and reflects the performance of active listings in the past 12 months. Therefore, you can rest assured that our data is accurate and reliable. Moreover, we also take into account Airbnb comps in the area for accuracy. To help real estate investors make good decisions about their short term rental properties, Mashvisor’s calculator provides the following Airbnb analytics: Comparable Rental Income Monthly Expenses Cash Flow Cash on Cash Return Cap Rate Airbnb Occupancy Rate These metrics will be shown for both the traditional and Airbnb rental strategies, so you can make quick comparisons and determine the optimal rental strategy for each property. Mashvisor’s Investment Property Calculator To start looking for and analyzing the best short term rentals for sale in your city/neighborhood of choice, click here. Start Finding Short Term Rentals Now! As you can see, finding short term rentals for sale using these three real estate investment tools makes things a lot easier for you. After finding the right investment property in the right location, investing in Airbnb from there is easy. All you’ve got to do is know how to advertise the rental to start getting bookings and making money in the short term rental market 2020. Interested in trying out our tools? Start out your 7-day free trial with Mashvisor now to start browsing for the perfect short term rental property out there! Start Your Investment Property Search! START FREE TRIAL AirbnbHeatmapInvestment CalculatorInvestor ToolsProperty FinderProperty for Sale 0 FacebookTwitterGoogle +PinterestLinkedin Eman Hamed Eman is a Content Writer at Mashvisor. With a focus on market reports, she enjoys researching the state of the real estate market in different cities across the US. Eman also writes about trends, forecasts, and tips for beginner investors to gain the confidence and knowledge they need to make wise decisions. Previous Post How to Start a Real Estate Business as a First-Time Investor Next Post What Does a Property Manager Do? 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