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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet Subscriber,
Thank you for your continued support as we strive to deliver the most accurate vacation rental and multi family investment insight and prospects along the Oregon Coast and beyond. 2024 was a banner year for our clients with an astounding $12.75M SOLD and two luxury STR properties already pending in January! We anticipate a very active coastal spring market and share some insight and tips below for a lucrative 2025.
Hosted by OR & CA RE Broker and NMLS Mortgage Broker Anthony AJ Wong.
🗝 Real Estate Investment & STR News:
If we had two words of advice for Oregon Coast STR investors they are: persistence and tenacity. It is very rare that there is an actively listed STR prospect for sale that meets a client’s full needs and requirements at any given moment. In fact, along the entire ± 400 mile coastline there are usually only about 100 active STR’s listed for sale..total! In general, the search for a property that meets the budget, location, quality, eligibility and client wish list takes at least 60-90 days of consistent prospecting to identify and close and we’ve been working with our most recent clients under contract since January 2024 (and the one before that since June 2023!) I’d estimate for every ten investors that reach out to me, one acquires and operates a coastal STR. The difference is those that keep their foot on the gas. They stay prepared to tour and make educated offers when opportunity knocks. My role is to help knock it down, mainly by making client’s aware of the listing (usually within 24-48 hours) and supporting due diligence by way of projections, valuations, negotiations and investment viability.
Trump’s Tax Cut extensions could extend the STR Tax Loop Hole we dive in deeper on STR implications below!
Interest & Mortgage Rate Forecasts: There are many monetary theories regarding inflation and rates. Inflation is the inflating of the money supply. The FED has been reducing the amount of money in circulation and if that continues, we expect bonds (and inflation) to decline with the 10 year treasury settling in the 3.5-4.5% range and mortgage rates fluctuating from 5.75-6.75%. The big asterisk is the new administration pressuring further rate cuts or an unforeseen black swan event that forces a return to quantitative easing and ultra low rates; both positives for real estate markets but negative for competition.
Oregon ranks 42/50 in States on non renewal rates in 2023. Check out this Fascinating Report from the Senate Budget Committee entitled: “Next to Fall: The Climate driven insurance crisis is here and getting worse.”
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 our www.oregon1031X.com website featuring HIGH ROI properties including: Apartment Complexes, RV & Mobile Parks, Storage, Industrial, Commercial and Development Opportunities.
🔓 Trump Tax Cuts could include extension of STR Tax Loophole
President Trump’s nominee for Treasury Secretary, Scott Bessent, testified that extending the ‘Tax Cuts and Jobs Act’ of 2017 is essential to avoiding economic catastrophe.
Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.
This article does an exceptional job of explaining who, what, where, why and how tax payers qualify for the ‘STR Loophole':
The implications on the Oregon and California Coastal STR market is a strengthening buyer pool for luxury rentals in the $750-1.5M+ range. The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.
We've helped a handful of investors maximize their investments over the past several years and anticipate a robust demand if/when the tax cuts are re-instituted. As always, consult with your licensed tax professional for qualifying, tax implications and strategy.
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Featured Listing: 129-139 SW Dolphin St Newport Oregon
Asking $1,225,000
🎯 Here are 8 NEW Oregon Coast Vacation Rentals For Sale:
1051 NW Art St Seal Rock OR - 4/2 1584SF - Commercial Tourist Zoning eligible for STR permit. Asking $450,000.
83358 Spruce Lane Florence OR - 4/3 2138SF, Large in town home. Asking $549,000.
85 NE Lane St Depoe Bay OR - 3 / 4 1833SF , Large Condo. Asking $575,000.
300 N Pacific St Unit 54 Rockaway Beach OR - 2/2 996SF - Oceanview active STR Condo. Transferrable STR Permit. Asking $639,000.
1123 N Hwy 101 #22 Depoe Bay OR - 3 / 3 1510SF - Oceanfront condo. Asking $825,000.
760 SW Range Dr Waldport OR - 3/3 3339SF - Large in town home. Asking $919,000.
2311 Vinca Lane Florence OR - 3/3 3340SF - New construction with Lake views. Sold Turnkey. Asking $934,900.
28986 Vizcano Ct, Gold Beach OR - 3/3 1952SF - Oceanfront active STR. Asking $1,100,000.
👁🗨 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 Text 541-800-0455 for the secret pass code!
BONUS: Here are two Top Multi Family listings in Oregon:
1625 Best Lane Eugene OR - 8 cottages with commercial zoning on 5 tax lots. Cash only sale. Asking $480,000.
Newport OR - 21 Unit Coastal Portfolio w/ seller financing. Asking $3M
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.
P.S. As a licensed NMLS mortgage broker with C2 Financial we cohesively support investors with curated loan programs. If you are in contract or considering an offer on a property nationwide, feel free to forward your BEST quote to our team for a zero obligation second look loan review. For those pending, we offer a 24 hour full loan commitment to help you and your agent win the offer! Reach out for optimized weekend Pre Approvals and professional mortgage support.
Ask about our premier mortgage programs:
Elite Jumbo & Super Jumbo Loan Rates
FHA, VA & Conventional
STR and AirBNB Mortgages
1-100 Units + Commercial
Expedited refinances and HELOCS
DSCR (Debt Service Coverage Ratio) Mortgages for 1-100+ Units
Ground Up Construction financing
Alternative income verification (1099, Bank Statement, Asset depletion)
Private & Portfolio Programs
📲 541-800-0455 📧 [email protected]
Licensed Real Estate Broker in the States of Oregon & California Fathom Realty
FL NMLS ID: 2297941
