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Idaho Real Estate Q&A Discussion Forum

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Ajay A.
  • Boise, ID
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Advice on real estate market

Ajay A.
  • Boise, ID
Posted Apr 5 2016, 22:40

Hello Idahoans!,

I'm a newbie investor to the great state of Idaho. Need your advice on the Real Estate market in the Treasure Valley. Most of the properties on Zillow, Trulia and Realtor.com seem to be a poor deal and gone quickly e.g 2 properties I analyzed using BP rental calculator had cash flow of $200 to $300 as a pure rental. I'm looking to buy and hold rental properties but I would prefer house hacking. 

Would you say its time to look elsewhere for good deals? (e.g. Idaho Falls, Pocatello, Caldwell?)

Anyone know if Pocatello is a good place for buy n hold rentals? What about Caldwell?

I analyzed one 4plex in Pocatello which gave me a cash flow of $500, but I stay about 4 hours away, so I will have to hire property management. I'm just not feeling confident right now investing in the Treasure Valley seeing prices that seem excessive, but still gone in a week.

Hoping to hear from people who have much more experience than me. I'd be grateful for any feedback

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