All Forum Posts by: Sherylyn Holden

Hi Shawn! I'd love to learn more about wholesaling. I have been doing STRs in SA since 2019. Hope to connect!

Hi there! If you do end up going the STR route, I have been running STRs in San Antonio for the past 4 years, and I am a licensed agent, so let me know if I can answer any questions for you (:

Hi Frank!

I specialize in the Northwest side of San Antonio. I have some rentals along Kyle Seale and 1604 and Bandera and 1604. It is suuuuuper rocky out here, so that means there is minimal risk of foundation shifting. I talked to a foundation specialist once to come check out some cracks, which were entirely cosmetic, and he said he has NEVER had to repair anything on this side of town due to the rocky terrain. 

This side of town is a little pricey though.

Hope this helps (:

Hi Dallas!

I think securing a home using a VA loan is a great strategy for a house you will be living in for several years. Not only do you have the obvious 0% down, but you also are entitled to lower interest rates and lower closing costs. I also know of a program called Military on the Move that gives you a 20% rebate on your agent's commission at closing.

Once you are ready to BRRRR, then you can look at strategies like applying for a home equity line of credit (HELOC) to provide your startup capital. If you decide to sell your home, there are options such as using a hard money lender. Most hard money lenders cover 100% of the renovation costs.

If you have any other questions, feel free to message me. Hope this helps (:

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 (: