Tag: Portland real estate blog

Exploring Houseboat Living in Portland, Oregon: Benefits and Drawbacks

Posted on by Will Sing

Houseboat Living in Portland, Oregon: Is It Right for You?

Are you considering houseboat living in Portland, Oregon? If you love the water and crave a unique living experience, houseboat living might be the perfect fit. In this guide, we’ll explore what houseboat living entails, the pros and cons, and help you decide if it’s the right choice for you. Let’s dive in!

What is a Houseboat?

A houseboat is a boat designed or modified to serve as a home. While many houseboats are stationary, some are mobile, allowing for the freedom to move to different docks as desired.

Pros of Houseboat Living

  • Waterfront Living: Enjoy wonderful waterfront views and easy access to water activities.
  • Affordability: Typically, houseboat living can be more affordable than traditional waterfront properties.
  • Mobility: If you don’t like your current location, you can move your houseboat to a different dock.

Cons of Houseboat Living

  • Depreciating Asset: Similar to mobile homes, houseboats usually depreciate over time.
  • Limited Financing Options: Few lenders offer loans for houseboats, and the associated fees can be higher.
  • Maintenance: Houseboats often require more maintenance and upkeep.
  • Ongoing Fees: Expect to pay higher fees, including HOA or mooring fees, since you don’t own the water or land beneath your houseboat.

Is Houseboat Living Right for You?

Only you can decide if houseboat living is the right fit. Here are some factors to consider:

  • Lifestyle: If you seek a flexible, water-centric lifestyle, a houseboat could be perfect for you.
  • Cost Considerations: While upfront costs and ongoing fees can be higher, houseboats can be more affordable than traditional homes.
  • Long-Term Goals: If you’re looking for an appreciating asset, consider condos or townhouses instead.

Things to Consider Before Buying a Houseboat

  • Five to Ten-Year Plan: Think about your long-term goals and whether houseboat living aligns with them.
  • Maintenance Needs: Be prepared for ongoing maintenance and higher costs associated with houseboat living.
  • Financing and Fees: Understand the financing options and the various fees involved in houseboat ownership.

Houseboat living offers a unique and flexible lifestyle, but it’s essential to weigh the pros and cons carefully. If you value mobility and waterfront living, it might be a great option. However, if you’re looking for a traditional home that appreciates over time, you might want to explore other options like condos or townhouses.

If you currently live on a houseboat or have experience with this lifestyle, I’d love to hear your feedback!

Watch the Full Video: Houseboat Living in Portland, Oregon | Real Estate Guide

If you have any questions about buying a home or need more personalized advice, feel free to reach out to me. Connect with me on YouTube, Instagram, or Facebook.

For a more detailed consultation or to get started on your home buying journey, schedule a free strategy session here. You can also access my Free Buyer’s Guide to help you through every step of the process here.

How to Navigate Portland’s STR Permit Process: Insider Tips

Posted on by Will Sing

Unlocking Portland’s STR Permit Maze

If you’re eyeing the short-term rental market in Portland, getting your hands on the right STR permit can feel like solving a complex puzzle. The city’s vibrant market and strict rules mean you’ve got to be on your toes. Luckily, I caught up with Melissa Wright, the go-to expert for all things STR permits in Portland, to help you find your way through this maze with ease.

Type A vs. Type B: Choosing Your Path

Melissa broke down the two main permits: Type A for the casual host looking to rent out a room or two, and Type B for those planning a more extensive setup, renting up to five bedrooms. Your choice here sets the stage for what comes next.

Step by Step Through the Permit Process

For Type A hopefuls, expect a smooth sail. Gathering your paperwork might take a week, with the city typically responding in two to four weeks. Melissa’s pro tip? Keep nudging the city to keep things moving.

Type B applicants, gear up for a longer journey. You’re looking at a detailed review, including traffic studies and architectural plans, with the whole process potentially stretching over six months.

Insider Advice for a Breeze Application

Melissa emphasized two golden rules: ensure your bedrooms meet legal standards and remember the residency requirement. Keeping these in check can save you from future headaches.

What’s on the Horizon for STR Permits?

Good news on the way: Portland plans to streamline the STR application process with a new digital platform. This change, though a couple of years out, promises a smoother path for future STR hosts.

Dive Deeper

For those ready to dive deeper into Portland’s STR permit intricacies, Melissa Wright’s insights are invaluable. Don’t miss out on our detailed discussion for more expert advice and tips. Catch the full conversation here.