Sesemi friends and family,

We are back in action after ANOTHER 700 mile round trip featuring TWELVE showings across: Lincoln City, Pacific City, Cloverdale, Rockaway Beach and Florence with a few of our (soon-to-be) Oregon Coast investment pioneers!

WE ARE HOSTING TWO OPEN HOUSES THIS WEEK so come and say HELLO! 🪧

THURSDAY 9/24 10AM-NOON | 262300 Sandlake Rd Cloverdale - This previous STR and county STR eligible property has a view and location that must be experienced to be believed! Join us and schedule your area tours!

SUNDAY 9/27 10AM-NOON | 15629 Pelican Bay Rd Brookings - Established MTR & STR history ($100K AGI!) turn-key rental performance. Ask about permitting*

📝 What stood out to me this trip:

I have never (and I repeat never) seen so many trucks, trailers and boats in my entire life (and I grew up spending most weekends on the water in the Florida Keys!) The density of visitors for this time of year is unprecedented and nearly all accommodations from Tillamook to Pacific City were lit NO VACANCY. A standard hotel/motel room (think Motel 6) was $250-350/night without pets and to think all of this with $5/gallon gas and $7 diesel..

I stopped in for a BJJ class in Rockaway Beach with Professor Ronin at Jiu Jitsu 101 and the instruction was exceptional (my technique was not!) The facility was awesome and they welcomed me with open arms, I will definitely be back..There are now several QUALITY BJJ, Yoga and fitness oriented businesses invested on the Oregon Coast, a feature that was nearly non-existent eight years ago when we first arrived. Other businesses are booming with Pelican Brewery opening their coastal sixth location in Yachats!

🕵🏼‍♂️ Hidden Oregon Coast Foodie Gems:

Brittney Bakes | Tillamook - If you are like me and sucker for sweets…this might be the best pastry shop on the North Coast..my first time won’t be my last 🙂

Bay City Kitchen | Bay City - For some reason I’ve passed this place 1000 times and never stopped! Do not be like me. This food is PHENOMENAL. No recommendations. TRY IT ALL!

🩵 Coastal Real Estate Market Pulse:

If there is any positive to higher interest rates for short-term rental real estate investors here in Oregon it’s that the period for decision making on prime prospects is extended..by a breath or two. However, context can be really important in real estate markets. Let me try and summarize as best as possible..

The Oregon Coast is not a major market…not even if you combine all of the cities and counties together in their entirety. On average - there are a couple thousand homes for sale from the southern border in Brookings to Astoria and at any given time 15%+ pending. The east coast State with a comparative length is North Carolina at 301 miles..how many homes are for sale there? ALMOST 19,000!!!

In other words: we have a supply deficit. Now..that doesn’t mean the cost of capital will not have an impact on asset prices, however all markets are still finding equilibrium from the Covid Era impacts of historically low mortgage rates and the Oregon Coast is no exception. What is exceptional in my opinion - is the value (or what you get for the money) in comparison to other PNW regions and that you can even still acquire and operate a legal coastal vacation rental home here…but possibly not for long.

We track 99.9% of all actively listed and off-market STR (short-term rental) AIRBNB properties listed for sale and in the past four years the average length of that list has halved. Down from two hundred or so HOT PROSPECTS to nearly 100 TOTAL.

This year we’ve helped client’s acquire (and sell) FOURTEEN (with pending) of the top STRs that came to market including several with multiple offers or that closed at well below their listing price or significant seller incentives or concessions.

Regardless of what the current Zestimate says…our market has no where to go but UP (and we back it up!) we purchased a 2.5 acre riverfront cottage last summer - but investing at the right level is critical to a positive RE investment. It took us three different offers (aka: swings) to get the property on invest-able terms! For a detailed CMA market analysis or STRategy of a property on your radar, send us a message and break out the cards for a game of: “Let’s Make A Deal!”

⚓️ Captain’s Log:

I have noticed that about half of the qualified and very serious investors that contact us from out of the area ultimately end up investing elsewhere. They are pre-approved, commit to tours, make offers and back out. Why? Because they are shopping current projections (and possibly current performance) and not following the first rules of RE Investing: Location X 3. Instead they get distracted by numbers on the screen..

Sure - I am a bit biased, but it is only from extensive investing experience (at least in relation to the vast majority of my client’s). That’s not to say I’ve played it all perfectly..but I leared the hard way that this game is a long one. I’ve bought, renovated, rented, flipped and applied just about every creative investment strategy to land, houses, estates, tiny homes and international holdings since 2004.

What I can tell you is that where you invest matters more than when (since the time to invest was yesterday). With all the effort and analysis I’ve committed my biggest mistake was time under management. I had never held the asset long enough to realize it’s full investment potential. Even the house that I bought and sold in 2007 in Margate Florida - would have been profitable if I would have held the note to MATURITY.

The graveyards of STR Real Estate investors are littered with those that invested for paper cash flow but missed critical factors that impact overall ROI: Saturation. Competition. Regulation. Logistics.

The Oregon Coast is not for all investors, but the entire coast is investable. The half of client’s that don’t end up here, probably wouldn’t be vacationing here otherwise..but if you’re a regular (or would like to be) and have rented coastal AIRBNBs (you know that you can host better!)

The downside of utilizing ‘Accelerated Depreciation’ is that - it is counter conventional to the hallmark of real estate investing ‘Decelerated Appreciation.’ Slow & Steady wins this race and if statistics are your investment beacon: almost no where has appreciated more than Oregon in our recent lifetimes up more than 700% in 40 years.

🏄🏽‍♂️ We commonly source top 5% AIRBNBs! Tour our directory at: OregonCoastShortTermRentals.com

In my opinion: Investors are early to Oregon Coast Real Estate investment but Q4 (with the clock running)on 2026 and for-forever for STR investing. If we fast forward five years - most investors will only have the option of renting your vacation rental home as in all likelihood that window of opportunity will have firmly shut.

🧾 Why use an STR-focused broker

📲 15 Minute Oregon AIRBNB Vacation Rental Investment Consultation