Hi BP universe!
My wife and I are long term listeners of the BP Real Estate podcast and we are finally trying to buy our first investment property in Oregon. We live in Oakland and we are currently living in a house hack. We would love to get a short term rental property in Ashland Oregon as we love the area and would love to use it while it's not being rented. Does anyone have any experience in that area? Also - so we're not just mooching off the community - we would be happy to share info on our experience investing in the Bay Area.
Hello @Jonathan Lew ! It sounds like you are off to a great start with your house hack in Oakland. As far as Southern Oregon rentals go, I would get in touch with JC Jones at C21 in Grants Pass, OR. They are realtors and property managers in Southern Oregon. @Joselyn Malik is their Transaction Coordinator and might be a good person to get in touch with for starters.
There has been a lot of volatiliy in interest rates these past couple months on conventional investment and second homes, as Fannie/Freddie are instituting new restirctions on lenders to protect their own level of risk on investment & second home loans. This is resulting in added cost and higher interest rates for borrowers. Please feel free to shoot me a message here on BP if you have questions about the lending side of things there in Southern Oregon!
Thanks Grant!! BP forum is the best!
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