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Updated over 5 years ago on . Most recent reply

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87
Posts
26
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Steven Denio
  • Investor From Portland, OR
26
Votes |
87
Posts

Timeshare (Legal) set up in Bend, Oregon.

Steven Denio
  • Investor From Portland, OR
Posted

Hi Everyone, 

Does anyone out there know, or know someone who has set up a timeshare type of business model for a home. I am looking to be the property owner and sell blocks of days to primarily business's. 

Here are a couple of the bigger questions were I would like some council.

1) Knowing that to be considered a long term rental a lease has to be at least 30 days, can I set this up in some way other then a timeshare? Maybe build a lease that reads as the tenant is agreeing to lease the space for 30days? 

2) Will setting up something like this be complicated or can it be simple? I would like to build a website for it so I can automate the process so with that in mind how difficult will this process be? 

I look forward to any and all of your words!

Thanks, and, Happy Labor Day all!

Most Popular Reply

User Stats

28,047
Posts
41,040
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,040
Votes |
28,047
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Why not market it as a short-term rental and let them book it when they need it? If you sell them shares, you're actually selling off your ownership and control. I also suspect a time share would be significantly more involved because you would no longer own the property outright and therefore lose control of what you do with it.

  • Nathan Gesner
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