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Updated almost 6 years ago on . Most recent reply

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Scott Pennington
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Strategies/advice for SFH LTR in Portland, OR

Scott Pennington
Posted

Utter newbie here - first post.

We own a small, appealing SFH in a desirable area of SE Portland.

We're looking for our first deal - aiming to house hack/BRRRR a larger SFH or duplex - and were planning to Airbnb our current residence.

With Portland's crackdown on licensing short term rentals and Airbnb's very recent cooperation with the city on actually enforcing those rules (de-listing those who are unpermitted/not in compliance), it appears that we will have to go LTR instead of STR with our current house.

That makes for a much dicier situation in terms of attaining positive cashflow on the rental.

So my question is... best resources or advice for how to absolutely max out the upper ceiling of what we can get for this house as a LTR. Furnished? Unfurnished? Which utilities if any to cover/not cover? What adds or amenities can we incorporate now to give ourselves every possible advantage when the house finally hits the rental market?

Thanks in advance - already learning a ton from the forums. Special thanks to those folks discussing the specifics of our tricky PDX market.


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Mary M.
  • Rental Property Investor
  • Portland OR
3,370
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Mary M.
  • Rental Property Investor
  • Portland OR
Replied

Why not do furnished short term of over 30 days?

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