By Living Room Realty, October 5, 2018
When you can’t afford to buy a beach house on the Oregon coast, have you ever considered buying a share of a house?
This is just what Carol decided to do. This great beach cabin just 5 houses back from the beach had three owners. One owner wanted to sell off his share so in swooped Carol. For just a $125K, she now has access to a great beach house four months of the year. She gets all the fun of having a second home, but only a third of the cost and responsibility for upkeep and maintenance. If you read this blog and are interested, I know of two other shares on the market up on Ridge Road. In this case they are just an eighth of a share, but it is a large amazing property up on Ridge Road with mountain and ocean views. Why spend your money on short term rentals when you can have a share that will likely appreciate over time.
Dave Leach, Broker Living Room Realty
