Portland Maine Short Term Rentals

[Chris Mendoza]

Hey guys, so I’m currently in Portland Maine and I love it. Would love to learn more about the short term rental or rental market in general in this area. If anyone has any information or resources, please let me know.

[Ken P.]

Glad you're enjoying your time in Portland, it's a great city. As far as resources go, you should reach out to @Dan Weber - he's a Portland investor that knows a lot about the area. 

The biggest thing to be aware of for short term rentals in Portland is there is actually an option on the November ballot to ban short term rentals altogether in Portland. The overall rental market in Portland is extremely strong because there is extremely low supply and very high demand. If you talk to Dan he can speak a bit more to this, but in some ways the towns directly surrounding Portland may yield a better return and far less government red tape to deal with as compared to Portland itself.