Ep. 128: Nashville Flips, Airbnbs and Hard Truths with Kenneth Stephens

This week, Lindsay sits down with Kenneth Stevens, Senior Sales Consultant at Lakeland Building Partners, to discuss his experience operating short-term rentals and helping investors complete large-scale renovation and new construction projects in Nashville.Kenneth shares how he entered the Airbnb space through rental arbitrage, grew the business during Nashville’s tourism boom, and ultimately decided to step away as competition, operating costs, taxes, and regulations increased. He also explains why short-term rentals are rarely as passive as investors expect and what someone should evaluate before purchasing a property based on Airbnb income.The conversation also explores the realities of high-end house flipping, including hard money financing, renovation timelines, unexpected construction costs, and the importance of leaving enough margin for problems that cannot be identified upfront. Kenneth and Lindsay discuss why investors need experienced, boots-on-the-ground partners and how the right team can help protect a deal, maintain quality, and increase the number of projects an investor can successfully manage.Connect with Kenneth Stevens and Lakeland Building Partners: https://www.lakelandbp.com/Email: [email protected]: @lakelandbpFacebook: @Lakeland Building Partners TikTok: @lakelandbpLinkedIn: @landland-building-partners—To learn more about our full-service turnkey operations, check us out online at www.spartaninvest.comConnect with Spartan!Facebook: @spartanTURNKEYInstagram: @spartaninvestLinkedIn: @spartaninvestConnect with Lindsay!Facebook: @spartanlindsaydavisInstagram: @spartanlindsaydavis