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Updated over 5 years ago on . Most recent reply
![Steven Denio's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/906672/1621505341-avatar-stevend109.jpg?twic=v1/output=image/cover=128x128&v=2)
Timeshare (Legal) set up in Bend, Oregon.
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!
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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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