All Forum Posts by: Renee Yarbrough

I have a General Admission ticket for the MultiFamily LIVE event in Franklin, TN on June 1-3. Current price for this ticket is $347, but mine will only cost you $100. This is a fantastic conference and I'm sad to miss, but I double-booked conferences for that weekend. Message me if interested.

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Nashville, Tennessee

I have a discounted ticket for sale to attend Best Ever Conference '23.
(March 8-10)

$695

Current ticket price: $1,495.

https://www.besteverconference...

Renee Yarbrough

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Salt Lake City, Utah

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Sounds like a great event, @Adrienne Green! I'll be there.

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Thank you for this great information, @Joe Splitrock. Very helpful. Will pass it on to my friend.

PS. I feel like putting your reply on my Instagram as an "I can't believe I have a reply from Joe Splitrock" type of post! I've followed you since my earliest days on the Bigger Pockets forum, and think you give great answers, seem willing to help the little guys, and are genuinely interested in others. I'm a big fan.

Originally posted by @Joe Splitrock:

Originally posted by @Renee Yarbrough:

A travel nurse friend of mine wants to sub-let her furnished apartment in Birmingham to another travel nurse or business executive.

Question: how does she protect all parties: her landlord (who is in agreement with this idea), the renter, herself, and her property?

Are there template sub-let lease agreements designed for this scenario? Has anyone done a lease like this to know the pros and cons? I told her I'd ask the 'experts' in the BP community.

She will need written agreement from her landlord to sublease the property. She will write a short term sublease agreement with the traveler. She will want to have insurance to cover her property and liability if the tenant damages the property. She will also need to claim income on her taxes.

One option to simplify things may be using AirBNB or VRBO to rent the property. In that situation the platform is collecting rent and the guest is generally covered by the terms in the platform. She can specify minimum stay as 30 days in the platform so she only attracts long term guests. These platforms do have some insurance included and handle disputes, so it may be more user friendly for her versus doing her own screening.

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A travel nurse friend of mine wants to sub-let her furnished apartment in Birmingham to another travel nurse or business executive.

Question: how does she protect all parties: her landlord (who is in agreement with this idea), the renter, herself, and her property?

Are there template sub-let lease agreements designed for this scenario? Has anyone done a lease like this to know the pros and cons? I told her I'd ask the 'experts' in the BP community.

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Thanks, @Rachel H. Great advice, and I will put all those things on my checklist.

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@Julia Christman, it is a double-wide, and the tax card says it was built in 2000. Do you happen to know what built-date is good and what is bad?

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@Winston Covington, thanks for the great tips. The foundation looks really good. It is sturdy, with steel beams siting on top of the concrete blocks. But will take your advice and have an inspection before going forward. Can you explain 'fee simple land' and 'leased land'?

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Have never bought or sold a manufactured home on a permanent foundation, but now have the opportunity. Am wondering about the major pros and cons with both flipping and renovating to rent.LikeComment

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All Forum Posts by: Renee Yarbrough

Renee Yarbrough has started 14 posts and replied 132 times.

Post: Ticket to Multifamily LIVE conference in Franklin, TN

Post: Best Ever Conference ticket for sale: $695

Post: Difficult First Self Storage Deal

Post: Chattanooga REI Social

Post: Travel nurse looking to sub-let furnished apartment.

Post: Travel nurse looking to sub-let furnished apartment.

Post: Flipping a Manufactured Home

Post: Flipping a Manufactured Home

Post: Flipping a Manufactured Home

Post: Flipping a Manufactured Home