Rent By The Room Property Managers - Portland, OR

[Justin Denfeld]

I've partnered with a builder to develop a condo complex in Portland, OR (Multnomah County) which will be completed in November, 2023.  My portion of the deal is yielding me one of the condos which I'd like to keep as a rental.  With current interest rates, it won't cash flow as a traditional rental so I'm looking to rent it by the room to increase revenue.  However, I don't want to self-manage.  Are there any property management companies that will rent by the room in Portland, OR?  Thanks!

[Melissa Hartvigsen]

Hello @Justin Denfeld,

I don't know of any property managers that do room-by-room, but I do have a couple of short-term/mid-term property managers for you. The going rate for this type of management is 20-25% in the Portland Metro.

https://stayawhilepdx.com/about-us

https://www.stayinmydistrict.com/

I hope this helps!
Melissa