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All Forum Posts by: Colin Sullivan

Colin Sullivan has started 5 posts and replied 20 times.

Post: Oregon wholesaler newbie

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

What I've found, in speaking with RE attorneys locally, is that wholesaling is largely considered illegal in Oregon. Are there any dissenting opinions out there?

Post: Portland ADU rental advice needed!

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

@Brad Hammond Ah, got it — I didn’t even realize there was a 30+ day market for Airbnbs in Portland. Thanks for the help!

Post: Portland ADU rental advice needed!

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

@Brad Hammond thanks Brad! How/where does your friend market for 30+ day short term rentals? I was also trying to explore that, but hit a wall.

Post: Portland ADU rental advice needed!

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

@Zach Davis thanks for the insight, Zach! Are you comfortable sharing his nightly asking price? I agree that the short term strategy here seems like a more lucrative option, assuming I can tap into the student/medical/tourist niches.

Post: Portland ADU rental advice needed!

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

Hey gang! Longtime-lurker/seldom-poster here â recent transplant to PDX from the east coast, and my wife and I are in the process of closing on our primary residence, just north of OHSU, which has a fully separate ADU on-site. It's currently setup as a large studio without a kitchen, but we plan to eventually erect a wall to create a bedroom, and install a kitchenette.

My question is, knowing how persnickety Portland is with regard to Airbnb, would it be a smarter strategy to rent it out on a longer-term basis to a regular tenant? Or would I get more bang for my buck marketing it on Airbnb, VRBO, etc, in spite of needing the short term rental permit and hotel tax and so forth?

Thanks!

Post: Portland, OR ADU rental

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

Hey gang! Longtime-lurker/seldom-poster here — recent transplant to PDX from the east coast, and my wife and I are in the process of closing on our primary residence, just north of OHSU, which has a fully separate ADU on-site. It's currently setup as a large studio without a kitchen, but we plan to eventually erect a wall to create a bedroom, and install a kitchenette.

My question is, knowing how persnickety Portland is with regard to Airbnb, would it be a smarter strategy to rent it out on a longer-term basis to a regular tenant? Or would I get more bang for my buck marketing it on Airbnb, VRBO, etc, in spite of needing the short term rental permit and hotel tax and so forth?

Thanks!

Post: Seeking buy and hold partner MA multi’s

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

Definitely interested! Originally from MA.

Post: Seeking JV partners on SFHs in Michigan

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

Emailed!

Interested! Please PM me.

Post: Commercial BRRRR in Galveston Texas

Colin SullivanPosted
  • Atlanta, GA
  • Posts 22
  • Votes 7

Amazing thread!