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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet -
Thank you for your continued support we are pleased to announce our FULL transition to SESEMI | STR BROKERS Powered by Fathom Realty! You can find our personal website opensesemi.com and follow along on our coastal tours on IG @sesemisheet
Coinciding with a notable lack of investable STR inventory (currently we’re showing roughly 1498 total Single Family Homes For Sale along the Oregon Coast, with nearly 367 or nearly 20% of active listings are PENDING) - there is discussion of a federal housing “emergency” or similar initiative declaration: expect proposals aimed at lowering build/rehab friction—think targeted tariff relief on materials and efforts to standardize/streamline permitting. That can ease costs and shorten timelines. Final scope would depend on the actual declaration and follow-on rule-making.
What it won’t do: It won’t magically create unlimited funds or override local STR licensing, zoning, or caps. Oregon Coast cities/counties will still control whether a property can operate as an STR.
OREGON COAST ZONING REGS & RULES OF NOTE:
SEASIDE OREGON - Non active STRs are subject to a 90 day wait period
ROCKAWAY BEACH OREGON - Proposal to end transferability of licenses*
PACIFIC CITY - Licenses can transfer outright*
YACHATS - Subject to waitlist but is now below ten persons*
FLORENCE - Regulations proposed but no updates*
Warrenton - Current HOA’s that permit STRs propose restrictions
Oregon Coast STR playbook (licensed, zoned, turnkey)
We Verify license-ability first: Confirmed zoning, caps/waitlists, parking/occupancy, HOA rules, septic capacity, and local TOT requirements before you underwrite NOI.
Prioritize “day-one” performers: Target properties with documented history or turnkey upgrades to hit revenue quickly.
De-risk insurability: Quote premiums early (wind/flood/wildfire); coastal premiums can swing cash flow.
Q4 timeline to lock 2025 material participation
Now–Oct: Identify/qualify targets (licensed/zoned), line up lender, scrub insurance, and model STR revenue.
Oct–Nov: Go under contract/close to create real operating tasks (setup, vendors, listings, guest ops).
By Dec 31: Closed and logged hours (onboarded, vendor management, guest comms).
Jan: Rinse & Repeat.
Mortgage Rates are on the Move - Rule of thumb: every 0.25% change in rate moves payment about $104/mo per $500K of loan—helpful for sensitivity tests.
1031 Exchange alignment
45/180-day windows still rule the day. If you’re exchanging, structure around licensed/zoned STRs and coordinate closing so you can immediately begin active participation tasks.
Beware of timing gaps that push activity beyond year-end—plan the calendar backward from Dec 31.
Quick due-diligence checklist (coast-specific)
Zoning & STR permit path (city vs. county; caps/waitlists)
Parking/occupancy & life-safety items (egress, detectors)
HOA/CC&R restrictions (no-STR clauses, minimum stays)
Septic/sewer capacity & inspections
Flood/tsunami/hazard zones; elevation and insurance quotes
Local TOT rate and filing cadence
Utility resilience (power/internet) for guest experience
FEARLESS FORECAST: This time next year mortgage rates will be in the 4.5-5.5% Range or lower…
With the firing of a recent FED official, the stage is set for monetary policy to be (even more) politically influenced. We anticipate a significant - if not dramatic loosening of monetary policy in the coming months and years. It is estimated that a 1% drop in average 30 year mortgage rates would catapult 500k+ buyers into the market. More importantly - it would enable equity rich owners to consider relocation as the margin between mortgage rates and pandemic era mortgages narrows and boost available inventory.
👁🗨 Why use an STR-focused broker
We specialize in licensed, zoned STRs, 1031X timing, and turnkey luxury product.
$25M+ in STR sales closed along the Oregon Coast & beyond; we underwrite revenue, compliance, and operations—not just comps.
Our HOT Sheet tracks 99% of eligible STRs so you move smart.
🎰 HOT Sheet: sesemisheet.com
Recent Testimonial:
Anthony brought a thoughtful approach to our search for a home on the Oregon coast. He knows the Oregon coast, and is expertly tuned in with all of the hodge podge of municipal redtape around STRs. For this alone, you should talk to him. Anthony attentively responded to my sudden inquiries, and patiently did not press when our family decided it was not the right time to move forward (more than a few times!).
When we finally found the home that met all of our requirements (and some), he recognized the value of the build, handled the negotiations incredibly well, and stayed on point to the end. I would recommend Anthony as a realtor, especially if you're looking for a vacation home doubling as a STR.
Featured Property :
400 Highland Dr West Tillamook OR | 3 / 3 2054SF
Dramatic ocean view home with transferrable STR license.
9️⃣ NINE STRs For Sale:
240 S Harbor St Rockaway Beach OR | 4 / 2 1969SF - Active STR with transferrable permit. Asking $499,000
6755 McCoy Ave Bay City OR | 5 / 3 2092SF - Turn-Key STR. Eligible for re-permit confirmed 8/10/25. Asking $639,000
665 NE Buker Ln Waldport OR | 4 / 2 2027SF - Oceanview home within city limits. STR eligible. Asking $680,000 w/ $20K Seller credit.
775 Jefferson St Port Orford OR | 2 / 2 1728SF - Dramatic oceanview home on oversized lot. FSBO. Asking $680,000
88426 2nd Ave Florence OR | 2 /2.5 1810SFw/ Guest Studio. Ask for income docs and details. Asking $749,500
1560 S Edgewood St Seaside OR | 3 / 3 1849SF - Constructed in 2022. Active STR. Eligible as of 8/15/25. Asking $849,000
87142 Vesta Ln Bandon OR | 4 / 3 2669SF - County eligible. Asking $1,125,000
210 NE Williams Ave Depoe Bay OR | 3 / 4 2550SF - Commercial zoning - Active STR. Asking $1,153,000
4580 Fairway Ave Gerhart OR | 4 / 4 2680SF - Oceanfront estate. Eligible for STR. Asking $1.695M
👁🗨 Our exclusive STR HOT SHEET is updated daily and features 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com
Thank you for reading this week’s edition of Sesemi STReet your premier information source for vacation Rental and investment property insight throughout Oregon & California.
Browse ALL active and eligible Oregon Coast vacation rentals listed for sale on our invite only STR HOT website SESEMI SHEET updated daily! Text for secret passcode.
Selling a property sometime soon? Supercharge your 1031 exchange search with HIGH ROI properties including: Apartment Complexes, RV & Mobile Parks, Storage, Industrial, Commercial and Development Opportunities.
P.S. As a licensed NMLS mortgage broker with Loan Factory - utilize our industry leading pricing tool for mortgage options anywhere in the country.
Anthony AJ Wong
Licensed Oregon Real Estate Broker | NMLS Mortgage Broker
Fathom Realty Oregon & Loan Factory
📞 541-800-0455 | License #201231202
🌐 My Website | 👖Bigger Pockets Feature Agent Profile | 🗓️Book 15 Minute STR Consultation
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👁🗨 STR HOT Sheet
FL NMLS ID: 2297941
