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Updated over 6 years ago, 09/28/2018
Oregon coast investment rental
Hey all. I have money set aside to buy a second home and I've searched out investing long distance but am now considering investing on the Oregon Coast. We live in the Beaverton/Portland area so it would be much closer than any of the midwest or SE markets. Ideally, we would want a home with a great ocean view or ocean access. Does anyone have any advice/success stories working with any specific PM or rental company? I'm fine paying 30% if it means I can be totally hands off.
I know that Lincoln City is pretty strict about their nightly rentals that they allow but I haven't heard about any of the other coastal towns. I don't want to buy a home and then just have it sit empty other than a few weeks a year that we could get out there. I would love any advice or insight. Thanks.