Well there goes the neighborhood...

[William]

I had a guy try to rent one of my rental units over the phone without seeing it in person. Then when he came to look at it, two guys went in to look at it while their women stayed in the car. Wouldn't even give them an app.

[Irving]

My wife is hot to trot to get into the pot market to grab a share of some of all that money. She wants to have a 4/20 friendly rental and charge more for the rent. She gets that idea from seeing hotels and bed and breakfasts making tons of cash when before they were only mediocre businesses. I just can't get through to her that a 4/20 friendly rental house is not a good idea and she will not get the results she thinks she will. Good thing we don't yet have a rental to find out with.

[MED]

My wife is hot to trot to get into the pot market to grab a share of some of all that money. She wants to have a 4/20 friendly rental and charge more for the rent. She gets that idea from seeing hotels and bed and breakfasts making tons of cash when before they were only mediocre businesses. I just can't get through to her that a 4/20 friendly rental house is not a good idea and she will not get the results she thinks she will. Good thing we don't yet have a rental to find out with.

Oh, that sounds like a disaster!!! ...I don't see that ending well.

[Irving]

She accuses me of being a negative, pot hater, but I just can't convince her that the examples she's comparing to are not comparable, and that people are just turning rentals into grow houses that completely destroy the property.

[MED]

She accuses me of being a negative, pot hater, but I just can't convince her that the examples she's comparing to are not comparable, and that people are just turning rentals into grow houses that completely destroy the property.

I've had my rental trashed a couple times in the 10 years I've been doing it. Being lenient does usually go well regardless of who they are; the more protections and restrictions on your investment the better. It has nothing to do whether you agree or don't agree with smoking weed. I would just tell her to read up on the horror stories of renting. My parents had their condo in Carbondale trashed by drug users who were sacrificing animals in the basement. All kinds of strange shit can happen.

[BushMasterBoy]

Just show her this...

http://www.businessinsider.com/marij...illings-2016-4

[William]

I've had my rental trashed a couple times in the 10 years I've been doing it. Being lenient does usually go well regardless of who they are; the more protections and restrictions on your investment the better. It has nothing to do whether you agree or don't agree with smoking weed. I would just tell her to read up on the horror stories of renting. My parents had their condo in Carbondale trashed by drug users who were sacrificing animals in the basement. All kinds of strange shit can happen.

Holy crap. That beats my worst tenant by a long shot.

[Great-Kazoo]

My wife is hot to trot to get into the pot market to grab a share of some of all that money. She wants to have a 4/20 friendly rental and charge more for the rent. She gets that idea from seeing hotels and bed and breakfasts making tons of cash when before they were only mediocre businesses. I just can't get through to her that a 4/20 friendly rental house is not a good idea and she will not get the results she thinks she will. Good thing we don't yet have a rental to find out with.

If you did it as a Nightly / weekly (vacation) rental with an extremely high damage deposit. I believe you'd do rather well. We're talking the over 40-50 crowd.

[Irving]

If you did it as a Nightly / weekly (vacation) rental with an extremely high damage deposit. I believe you'd do rather well. We're talking the over 40-50 crowd.

She yelled at me when I came home and said I made her sound stupid on the internet and she specifically mentioned doing the Air B&B or some other operation where the renters are known, or short term.

[Aloha_Shooter]

She yelled at me when I came home and said I made her sound stupid on the internet and she specifically mentioned doing the Air B&B or some other operation where the renters are known, or short term.

You know you're always wrong, don't you? Always. It's that 2-point font clause on your marriage certificate that you never looked at.

Question: If she meant investing for short term rentals like Air B&B, what was the linkage to 4/20 and recreational marijuana all about? Catering to out-of-state tourists who just want to come and get high for a week? I can see that being a cash cow for now but realize you'll have to hire cleaning services and what not for short-term rentals. Essentially, you're getting into the boutique hotel business if that's what you're doing -- good money to be made if you know what you're doing, a lot of pain if you don't.