Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

87
Posts
26
Votes
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

28,199
Posts
41,302
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,302
Votes |
28,199
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
business profile image
The DIY Landlord Book
4.7 stars
167 Reviews

Loading replies...