All Forum Posts by: Wilson Vanhook
Wilson Vanhook has started 14 posts and replied 103 times.
Post: STR Rehab Loan w/ high DTI
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Quote from @Robin Simon:
Quote from @Wilson Vanhook:
Quote from @Robin Simon:
Quote from @Chris Mury:
@Robin Simon do you have a product for this?
Yes, we should be able to help.
@Tyler Solomon can you please reach out to @Nithin Mathai to go over options?
Do you have 15% down DSCR loans?
Yes - but not for short term rentals dependent on projections
I'm confused. You have them, but not for STR? What are they for then?
Post: STR Rehab Loan w/ high DTI
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Quote from @Robin Simon:
Quote from @Chris Mury:
@Robin Simon do you have a product for this?
Yes, we should be able to help.
@Tyler Solomon can you please reach out to @Nithin Mathai to go over options?
Do you have 15% down DSCR loans?
Post: STR Rehab Loan w/ high DTI
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Following
Post: Should I cancel Evolve
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Quote from @Matt Steinmetz:
We looked at Evolve but decided self management. It’s only been a couple months and it’s going OK. I do remember asking if we got to keep the listing if we canceled and they said yes. You can continue to use the cleaners that they introduced you to and just pay them on the side. Or find new ones.
Evolve does not let you keep the listing. They own the listing and all bookings that come with it. And if you ever try to cancel you also pay huge cancellation fees. Their low 10% (of gross) management fee is the ONLY pro they have going for them. They will not generate respectable revenue numbers for 99% of their listings.
Post: Should I cancel Evolve
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
You should definitely cancel with them.
Post: Banking Setup for Property Management Companies
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
What PMS are you using?
Post: Sean Rakidzich's STR pricing strategy masterclass, worth it? $525
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Likely not worth it. From what I can tell he’s in the business of content creation not actually running an Airbnb business. Look up his Airbnb profile and just take a look at his listings. Occupancy is low, tons of bad ratings, listings not very impressive. Do your research on it you’ll see for yourself.
I’ve tried to find optimal PriceLabs settings but haven’t found any public info for a great strategy yet.
Post: Do you need a STR Property Manager in Broken Bow, OK or Houston?
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Hello everybody,
I currently manage very successful short term rentals in Broken Bow, OK and Houston, TX. Looking to connect with owners in these areas (and more) that are interested in my services as a property manager.
Just for reference, I have a 1 bedroom cabin in Broken Bow that's on pace to generate $100K in revenue which is above the 90th percentile. This is the kind of success I want to bring to other owners. Here's a link to the cabin: https://www.airbnb.com/rooms/6...
Let's talk and I can give plenty more details on what I have to offer!
Post: How to find investors to manage STR for
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Quote from @Kyle Momany:
If you have great deals and the numbers make sense, the money will come. If it's not, you aren't giving people any value ( i.e. showing people great deals) outside of saying you'll manage it. What're you doing to show them to people? Put a good enough deal in front of an investor, they'll jump on it.
Best of luck!
I feel like you guys aren’t reading what I posted lol. What I’m saying is, I have great deals and great management. How can I connect with investors to present it to?
Post: How to find investors to manage STR for
- Rental Property Investor
- Oklahoma City
- Posts 105
- Votes 102
Quote from @Luke Carl:
Start a property management company
I have one. I’m looking for more clients essentially.