Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Anil Thomas

Anil Thomas has started 1 posts and replied 4 times.

Hi Jay,

I think short term rental for a high end home in Lake Oswego sounds very reasonable. Lake Oswego prohibits rentals < 30 days, but they are considering easing up on this rule too. We have a higher end rental in this area (albeit unfurnished) and I have seen my property management company advertise several high end furnished homes on their site (5-7k/month range), with some listed as short term winter rentals.  I think with a high security deposit and good screening, one would be safer. 

Thanks for everyone's quick replies and advice - much appreciated.

The home is about 2800 sq ft and the first floor has 1/2 hard wood flooring and the other 1/2 is carpeted.  I am working with the management company to get this fixed, however the management company seems much more tenant friendly, unfortunately.  Their advice to me so far was to pay $4100 to get the floors refinished ... ughh.  I just want to get the damaged repaired and move on, without taking a $4000 hit to my minimal cash flow.  

Hello BP community,

Wanted to get your advice about repairs to our rental:

We have just had our first tenant move out of our rental home.  The tenant had put a plant pot on the hard wood floor on the first floor which caused damage (discoloration of the wood with an uneven surface).  Our property management company has just informed me that they will only charge the tenant to fix the square footage that was damaged (and this would be based on the age of the floors too -- home was built in 2001).  They had a flooring company assess the floors and we were quoted about $4100 to refinish the whole first floor hardwood floors.  I do not want to pay to refinish the floors -- and it seems unfair that the tenant would only have to pay for a small area of damage as this area cannot be repaired without repairing a larger area.  (We have a $3200 deposit on the home which is being held by the property management company).  Not sure what the tenant is responsible for in this situation?

Thanks.  

Excellent -- congrats! 

Can't wait to hear this.