In this ever changing world we live in, property management and business owners must adapt and change on a regular basis to keep up.

I live in the Portland metro area and I am looking at investing into a multifamily, or singlefamily home I can house hack and eventually turn into a rental.

I lived there myself for 4 years, then moved out and converted it to a super-profitable short-term rental (it's ideally situated near great restaurants/nightlife, the National Zoo, Rock Creek Park, and hotels that host professional conferences).

I live in Portland metro and please avoid multnomah county when buying a property.

If you haven't registered for BPCON2024 yet, we're live! 

Millennials prefer spending on experiences and there is a general shift away from 'things' to living life in a broader way with Instagram selfiesCONCLUSION: Travel and leisure growing at twice the rate of GDP is intact as the longer term trendA counter point to these three favorable points is that short-term (urban) and vacation rentals (destinations) have taken market share away from hotels and this appears to be a permanent trend. 

Me and my spouse wanted to briefly introduce ourselves, our company, and share our ambitions with the BP community with hopes of learning more about how to achieve our short term and long term goals as well as build lasting connections that help and assist others in achieving theirs! 

We've all seen the potential benefits: faster construction, potentially lower costs, and the ability to design unique living spaces.

Is that what we have here, people dolling up the units- value add- and collecting the extra rents, or are the renters paying higher rents for a more low class living experience?

I live in the outskirts of Mechanicsville, VA just outside of Richmond.