Kevin Luttrell
Backup generator for your STR?
For those with STRs in areas where the power frequently goes out, what do you do? Do you have a backup generator? Just keep flashlights and candles around? Let guests deal with it? We have a cabin in the Pigeon Forge ...
Mike H.
Cracked granite countertop in lease period. Normal wear and tear?
Dear BP LL colleagues,I was performing a final walk though at end of lease (@ DFW area) and noticed a crack at countertop. Would you consider this as a normal wear and tear or a damaged item that tenant is responsibl...
Lori Goldsmith
Gas Stoves to be prohibited in New Builds - California
I’m not just a REALTOR®, I’m a gardener and an avid cook, so this news isn’t resonating with me, as I prefer gas to electric cook tops. How about you? Which do you prefer? Thank goodness it will only apply to new buil...
Kar Sun
Tenant damage and ordinary wear and tear
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...
Sarah Lorenz
Critique of My Recent Stay at a Vacation Rental
I booked a rental at a Northern Michigan lake house recently, and now that I'm an expert, I naturally had much to critique. This was a 5 bed, 3 bath house right on the water, and more of a house-hacking STR vs. a prof...
Joe Kim
How to speak to owners/landlords for rental arbitrage
There are many ways to approach this difficult task of convincing a owner or landlord to rent to you as an investor ONLY to sublease (aka Master lease) the home to furnished short-term rental.#1 NUMBERS GAME: It's no...
Scott Scharl
35% a MONTH return -- Sketchy Ad from Grant Cardone?
Today I saw a Facebook ad from Grant Cardone's Cardone Capital.They want me to invest in $10k+ in a syndication of a Moroccan resort project. I messaged them and they sent me a Subscription Agreement via Facebook Mess...
Guy Yoes
Excel, quick books or ? for REI financials?
My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...
Brandon Shaw
WA/CO legalization of marijuana and rental properties
Havent seen anyone reply on BP about the ramifications to landlords who dont want marijuana grown on thier property or in their rentals. I just bought a house in WA state, and with the passing of this law there is gr...
Andrew O.
Town homes in Arizona...
Hi team, just wanted some feedback from people who have invested in Phoenix/Glendale, and have experience with Hoa fees with a buy and hold strategy.
The numbers on these two condos make sense, $30k will achieve $800...