All Forum Posts by: Sherylyn Holden

I agree with Theresa to simply knock on his door!

Here are some potential ways you could convince your neighbor to let you sell their vacant home:

1. Highlight the benefits of selling: One of the most convincing arguments you can make is to emphasize the advantages of selling the home. You could point out that selling the home could help your neighbor generate income from an asset that is currently not being utilized. Additionally, you could emphasize that selling now could help your neighbor avoid potential maintenance costs and other expenses associated with owning a vacant property.

2. Explain your expertise: If you have experience selling homes or have worked in the real estate industry, make sure to emphasize this to your neighbor. Explain that you have the skills and knowledge to help them navigate the selling process and get the best possible price for their home.

3. Offer a competitive commission rate: Your neighbor may be hesitant to sell their home because they are concerned about the costs associated with hiring a real estate agent. To address this concern, you could offer to sell the home for a lower commission rate than other agents in the area. This could make your services more attractive and could help your neighbor feel more comfortable entrusting you with the sale of their property.

4. Share your marketing strategy: One of the key components of selling a home is creating a strong marketing strategy that will attract potential buyers. If you have a clear and effective marketing plan, share it with your neighbor. Explain how you will showcase the property and attract potential buyers, which could help them feel more confident in your ability to sell the home quickly.

Quote from @Antonio Velazquez:

Hi, I have been doing a combination of short, medium, and long term rents on a few nice furnished homes that I own for the last 10 years.  Would like to connect so we can share knowledge and see how we can help each other.

Hi Antonio! Happy to connect (: 

Quote from @Ji Hong:

Hi Sherylyn, Sent you a DM. would love to connect with you as I am looking into starting arbitrage right now!! would love to get your take! 

Happy to connect!! I’ll share all my experiences!

Quote from @Steven Pan:

Hi Sherylyn,

I'm in Dallas and looking to arbitrage in other major cities in Texas. 

Would love to connect and learn more about the STR market in San Antonio!

Happy to connect!

Quote from @Naz Hossain:

Hi Sherylyn, are you still doing arbitrage in San Antonio? We have a few properties that we are looking to allow arbitrage

I had a great experience with arbitrage. I was able to gain great cash flow without having to put in x amount of money down or worry too much about large maintenance issues. However, I realized I preferred my business model to be geared towards fully owning my rentals simply due to not having to work through a homeowner to resolve major issues like HVAC, plumbing, etc. I found that the homeowners were not willing to work around my STR guest occupancies and schedules at times ): It all depends on how you structure your lease agreement, but there does require a level of cooperation when issues arise. I hope this helps!

Hello all!

I have been running STRs in San Antonio, TX since 2019 mostly in the NW side but have a couple of Airbnbs/VRBOs centrally and downtown.

I have done rental arbitrage, managed properties, and owned.

I would love to share my knowledge on the market and STRs in general if anyone needs! Feel free to connect (:

Hi Alice!

Short-term rental investor since 2019 here (:

I 100% prefer homes that are not associated with an HOA. However, these homes can be harder to find, especially if you're looking for something newer or nicer.

I do have Airbnbs belonging to an HOA, but I just make sure there is no verbiage stating against short-term rentals, specifically under 30 days in the covenants, deeds, and restrictions documents of the HOA.

Usually, gated communities have HOAs with restrictions against STRs, but it never hurts to ask!

Hope this helps (:

Hi Noa!

LOVE YOUR NAME. I recently completed my first BRRR in downtown San Antonio. I made a lot of mistakes, but I have definitely learned a lot from them. Would love to share tips, so you don't make the same ones! Haha feel free to connect (:

Hi there! 

I am so sorry that happened to you!! Unfortunately, Tim said it best. Did you purchase a home warranty? You could see if your plan covers sewage line!

Hope this helps (:

Hi Jillian!

I have several Airbnbs in the city of San Antonio since 2019.

Paul said it quite accurately. The only input I would add is that you do not have to pay this HOT tax if a guest stays for 30 or more days! You would still need to report $0 though. 

Hope this helps (: