Daniel was in marketing for his whole corporate career and finally wanted to market his own company instead of being just a cog in the wheel of a large institution. He found a nice property management company in Texas that dealt with a lot of VRBO and Airbnb properties.
For those who don’t know, VRBO (Vacation Rentals by Owner) and Airbnb are online platforms that connect property owners with travelers looking for short-term rentals.
This is a booming business with a huge upside. The travel industry has seen a huge shift from staying at a conventional hotels to these private rentals. It offers much more privacy and the overall experience is much more home-like.
The concept is here to stay, and the industry that manages these rental properties for investors will be growing larger and larger. Good choice Daniel! Glad we could help you secure the needed funding via SBA loan.
We Won't Waste Your Time
Let me be blunt. Here at Ivanhoe Capital, we structure deals to close and we don't waste you or your client's time. We want to get deals done and if we can't, we let you know RIGHT AWAY and WHY!