All Forum Posts by: Anil Thomas
Anil Thomas has started 1 posts and replied 4 times.
Post: OK Air BNB experts or short term experts I need your opinons

- Lake Oswego, OR
- Posts 4
- Votes 1
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.
Post: Question about tenant damage to hardwood floors

- Lake Oswego, OR
- Posts 4
- Votes 1
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.
Post: Question about tenant damage to hardwood floors

- Lake Oswego, OR
- Posts 4
- Votes 1
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.
Post: Jay Hinrichs is FINALLY on The BiggerPockets Podcast!!!

- Lake Oswego, OR
- Posts 4
- Votes 1
Excellent -- congrats!
Can't wait to hear this.