Finally! a North Oregon Coast Meetup Event!

Over the past few months, a few other local Bigger Pockets members and myself have connected through BP and had awesome and motivational meetups. There is something special about meeting with complete strangers knowing you have similar goals. I just bought a BP Pro Membership so we could do an official event and hope to get more members gathered for an awesome evening. 

We are calling all investors from all levels and all categories of real estate experience and goals. Anyone interested in real estate investing and networking is welcomed and encourage to join! Whether you have years of experience or just interested in learning, please stop by. This is a very casual meetup, in hopes of gathering like minded people in this smaller community of Clatsop County.

We will meet at the Gearhart Bowling Alley on Tuesday Febuary 5th at 6pm. We have a table reserved at 6pm and a couple lanes at 7pm. Let's meet in the dining/bar area for an hour and if we feel like bowling we can!

Please, Everyone... If you can make it...please do! I have no clue how many people will attend. I know there are not a ton of BP memebrs in this area. If you can stay for the whole 2 hours that is great! If you come late thats is fine! If you can only swing in for 5 min, say hello, and drop of some businesses cards, that is great too! We will have no agenda of topics to cover, and no one will be forced to give speaches. If you have any goals of building a better life through the power of real estate, meeting people with simliar goals is the best place to start or continue your journey. 

I can not wait to hear from you all! It is not required to RSVP, however I would appreciate it so I know who to expect. We can also exchange numbers and stay in touch on any changes or questions. Please Send me a message. I can not wait to meet you and for you all to meet each other!

Organized by Me: Dillyn Saurdiff...Rookie want to be investor :)

Good evening,

I won't be able to attend February 5th, but maybe we can grab a beer this week. 

Hey Dillyn!

Count me in. I’ll be there for sure. This is great for our community to get together. Hopefully more people will be able to attend. 

@Carlos Lopez can't wait to meet you

Thanks for putting this together - I’ll be there! Looking forward to the meetup!!

Really looking forward to the meet up. I think we can build a really solid network of investors in the area and help each other out. 

Is this meetup still active? If I'd known about it I would have joined.

We haven’t met for a while but I think we can get a meet up together after Thanksgiving. I’ll start calling around and we can get a date set up!

Count me in 👍

Are the folks in that neck of the woods focused on LTR or STR? We live in Portland and are thinking about getting a place in Gearhart as a STR but also use it ourselves a bunch.

Howdy Kevin: As of a few years ago, the City of Gearhart does not allow new STR. You will see them here as existing rentals are grandfathered in, however, the rental permit is terminated at transfer of ownership. There are a couple exceptions, The Palisades and the Highlands on the Northwest side of town are outside of the city limits, STR are allowed in there areas and permitted through the county. Also: There are 4 condo buildings in Gearhart that allow them: Gearhart House, Pacific Palisades, Pacific View and Pacific Terrace. We live in and have a LTR in Gearhart.

@Kevin Hofstee

I'm partial to long term rentals in Clatsop County. If you are interested in Short Terms you could search neighboring towns like Seaside, Warrenton, or Astoria. There are lots of people here making them work. However, you really need to do your do diligence before investing for ST use. Every city has its own set of Unique and constantly changing rules for STR. I know Seaside is really putting in effort to increase restrictions, add more fees, and be more Strict at it enforcing regulations.

The other option is looking at properties outside city limits. The county has a lot less restrictions on STR. However, you'll want to look closely at demand for these locations as they are away from the more desirable touristy areas. The house I just purchased would have mad a great Air BNB, it's right on the lake, 3 blocks from the ocean. I did some thorough research on neighboring AirBNBs and was able to see the average night cost and occupancy rate to them was not going to pay off.

In my research I have definitely decide I will never buy strictly for ST use (as is a common practice to us saver RE investors!) If I found a property that makes a good long term, and I got lucky that it fits into all the regulations for ST use I would consider it.

Let me know if you guys ever come visit out here to house hunt. I’d love to meet up.

@Dillyn Davidson Saurdiff Great additional info on STR in our area. I look forward to meeting up with this group once things open up again.

@Christy Coulombe @Dillyn Davidson Saurdiff

Thank you both for the responses. Helpful info to have. Would also love to meet up once Covid craziness is all said and done!

We are up and running with our investor meetup group! On the first Thursday of the month at 6:00pm, we are meeting at Churchill Mortgage in Astoria. Anyone and everyone is welcome to stop by and check it out. Round table discussions, networking, small presentations on various investing strategies too.