Investing on Oregon coast

[Jeff S.]

We are looking at Lincoln City and/or Rockaway beaches for a possible month to month rental to absorb some money from a 1031. Anyone have experience in these rental markets?

[Chris Shepard]

@Jeff S.

Hi Jeff, I have a friend who is selling his place in Rockaway. His VRBO has done quite well during Covid and I expect that trend to continue.

I have a beach house in Seaside and we’ve had our best year ever. I highly recommend buying something desirable and doing a vacation rental if you go that route. Previously during years that had fewer vacation rentals we would rent it out long term during the winter.

Cheers,