Updated over 1 year ago on .
Case Study: Oregon Beach home STR anniversary edition
WHO: Out of state couple seeks dream beach home eligible for vacation rental usage.
WHAT: 3/2 Walk to Beach House.
WHERE: Central to North Oregon Coast.
WHEN: Spring 2023.
WHY: STR Retirement Portfolio.
HOW: Initial criteria search and assessment. Virtual tour. Offer. Accepted offer. Physical tour and inspection. Renegotiated. Appraisal. Closed within 60 days of introduction. Client furnished in one week! Direct booking website. Launch. 90% Summer occupancy. Super HOST. Next up..
My clients executed flawlessly. They had a clear budget and vision and have treated their vacation business and home like their own. I'd say of the dozen or STR acquisitions I assisted brokers with as their buyer's representative, these investors were the most prepared, committed and successful. Partially due to timing, this was just before the dramatic increase in last summer's rates and also they closed and went live just prior to peak summer travel season.
I'm very proud of them and the work we accomplished together on a challenging deal. Great example of a Bigger Pockets investor success story, as the client(s) and I were introduced within the community :)
Check out there BNB listing HERE and they went a step further and created a direct booking website for repeat clients HERE.
- AJ Wong
- 541-800-0455
