All Forum Posts by: William Powell

I've had problems when someone else claimed the property kicking me out of the account. 

Im reading these posts and salivated. Thanks, BP experts for the information and conversation. I'll let you know when my MTR becomes a glaring success. 

I have one in my MTR. You may not feel it's necessary but it will probably be a family's talking point if you don't. "Mom, where's the microwave? The place was nice but they gave us the bare minimum. The house didn't even have a microwave." Etc... It will be noticed for sure

 Ray, this is the original plan a small desk in one bedroom but the 2nd is smaller and can only handle a bed and one dresser.  

I like the flex room concept but the logistics are difficult. House is too small to store furniture on site. How do you handle the furniture switch out from storage to the MTR? Do you charge a fee for the tenant to choose which setup they would like? This way I can pay for a team to move and setup the furniture. 

 Thanks for your response. I'm trying to generate my own customer list. I am using FF to source and I plan on using AirBNB and VBRO minimum 30 days stay. I have 1 customer already that will come by himself or sometimes with his wife. Looking for 5 or 8 more customers that plan to visit once a year. Could you explain flex room? Do you mean store bed or office furniture offsite then switch it out per customer requests?  

Hey BP. Should I make 2bd 1 bath in a quiet town 35 minutes from the big city a MTR with 2 queen bed sets or 1 queen and make the second bedroom an office or even an entertainment/exercise room?  Thanks for your answers. 

This is a good one. My initial thoughts are the plumber hasn't found the actual leak. He played with the wand and noticed it was spraying but that's all he could find. It's hard to believe a tenant took showers with the curtain pulled back and allowed it to spray on the floor every shower and leave the floors wet as he/she stepped out to dry off. However, I'm not there to do my own diagnosis so I have to assume he is right. I would repair the problem (new METAL shower head with no wand, waterproof quality LVL, repair baseboard sheetrock ceiling, and paint) and give this tenant a stern warning to report all problems at once or the next one is on them. Sometimes handling issues like this goes a long way with people. Inevitably we want them to take care of our properties with an ownership mentality as if it belongs to them. 

Thanks for sharing. Learn something new everyday. I would have footed the bill myself. Paying a team to go over and repair the issue. It never crossed my mind to use my insurance deductible instead. Thanks

I wouldn't get into reimbursing tenants for headaches and repair issues. It's no ones fault. The best thing you can do is fix the problem quickly and send some guys over to their unit to repair any damages to the carpet and sheetrock. As far as paying tenants for damages, to their stuff, or money they spent using other bathroom sources, I say no. Recently I had a tenants stove pop and make black smoke over the weekend. So three days (Fri-Tues) to get over to the unit and replace the stove. Tenant complained of spending money eating out but I didn't reimburse the tenant's eating expense I merely fixed her problem as quickly and as tentatively as I could. Thats what they want anyways. Someone who will listen to their maintenance issue, tell them when it will be fixed and fix it at that time.