Hi everyone, I’m looking to meet face-to-face, shake hands, and network with people in Boise to discuss deals, etc. I’m from Texas, looking at Boise as one of my top investment targets, and I’m headed up there in December to visit a good friend who just recently moved there. I’m focused on buying notes, but honestly, I’m just trying to get some good people I’ve met up there as part of my network. The dates are flexible, and I was hoping to have my trip coincide with any events going on in the area. Doing a little searching, I didn’t find much. Are there any December meetups you guys are attending or know about that I can plan to attend? Absent any known events, are any of you on this forum in seller financing or notes and would be interested in meeting up for lunch or drinks? I appreciate any help!
Very accurate. I go to open houses in the area to see what people are looking for, because it’s fun to me, and to talk with the agents to get their opinions on things. I attended a couple back in August, and both agents said what they’re seeing in their respective agencies is in Ada County which is the ‘epicenter’ of the Boise metro area and which holds some of the largest/fastest growing towns such as Boise, Meridian, and Eagle was their stats were showing 7 out of 10 buyers were from out of state, 5 of those California specifically, most were all cash purchases, and they were seeing increasing numbers from the Seattle, Denver, and New York City/North New Jersey metros.
A buddy of mine who’s family have been residential and commercial contractors in the valley for more than 40 years said what’s happening is when the market collapsed in 2008 residential construction came to a complete halt. The population was growing still which created a housing shortage. For nearly 3 years almost no new homes were built. Then the influx of out of state buyers began which created a bigger shortage and it just kept accelerating. So now we have a massive housing shortage and there’s not even enough construction crews or contractors to the point we’re seeing some coming in from out of state, and they couldn’t keep up with the demand for those who already lived here to begin with.
A notable amount of people who work in the tech sector who work remotely are coming in as well. Boise has always had a small but growing tech sector with Micron being from Boise, facilities from Hewlett-Packard, and now Amazon is supposed to be putting in a nearly 1 million sq ft distribution center in Nampa (a town 30 minutes South of Boise) which will employ in excess of 3,000 people. The Boise metro area has grown from about 465,000 in 2000 to around 715,000 today.
Hope this gives you some perspective on the area. If you have any questions just let me know. Happy to help anyway I can. Oh, and I could also tell that this place was growing because now when I say y’all people don’t look at me funny anymore and sweet tea is fairly common in restaurants now!
@Gordon F. Welcome to the Boise market. I wish I could help you with the Note investing. I do not know anyone who does that around here but that does not mean that there aren't people who do that. @Jonna Weber may know someone. As for meetups you can go to www.meetup.com and see a large list of the different meetups that happen in the area every month. There are weekly investor groups as well as monthly and quarterly meetings.
@Gordon F. Welcome to the Boise market. I wish I could help you with the Note investing. I do not know anyone who does that around here but that does not mean that there aren't people who do that. @Jonna Weber may know someone. As for meetups you can go to www.meetup.com and see a large list of the different meetups that happen in the area every month. There are weekly investor groups as well as monthly and quarterly meetings.
Ryan, thank you for the reply. Meetup is definitely a great resource! Having said that, I’ve had absolutely horrific results attending events here in Houston on just about every event I’ve tried to attend (e.g., you drive 30 minutes out some place, sit around for thirty minutes, and no one shows). That just may be how it is here, but based on that experience, I didn’t want to plan a trip that far out of state and get similar results. But maybe Boise may be different! I found one Boise based notes group on there, but it doesn’t look like they have anything planned in December, which admittedly is a tough month. Nonetheless, if you hear of anything, please keep me in mind!
@Gordon F. I will keep my ears open and if I hear of anything happening in December that you may be interested in I will let you know! December is a hard month, but you never know! Are you planning any other trips out here maybe January or February. I know there is a great meetup happening in February sometime. I will have to get more of the details as it gets closer.
@Gordon F. I will keep my ears open and if I hear of anything happening in December that you may be interested in I will let you know! December is a hard month, but you never know! Are you planning any other trips out here maybe January or February. I know there is a great meetup happening in February sometime. I will have to get more of the details as it gets closer.
Ryan, that sounds great. Yea, trying to coordinate schedules with a few others on here who reached out, December is just tough with the holidays. Everyone's schedule is crunched. I think I'm going to aim for either January or February, whichever month has more activity, to make a trip out.
@Gordon F. Sounds great! If you think there is anything you think I can do to help you out when you visit please feel free to reach out and I would love to meet up.
Gordon F., good to meet you, and everyone else here. What part of Texas are you from? I'm originally from San Antonio, moved up here to the Boise area as a teenager, but have gone back several times (basic training and other training when I was in the Air Force, plus my mom and my brother moved back to Texas and live outside of Fort Worth) over the years. I'm very new to this, but if there's anything I can do to help you or anyone else out, please let me know! I've lived here for the better part of 25 years so I know the area pretty well. The Treasure Valley is growing leaps and bounds, so there's a lot of opportunities to be found and made here.
Gordon F., good to meet you, and everyone else here. What part of Texas are you from? I'm originally from San Antonio, moved up here to the Boise area as a teenager, but have gone back several times (basic training and other training when I was in the Air Force, plus my mom and my brother moved back to Texas and live outside of Fort Worth) over the years. I'm very new to this, but if there's anything I can do to help you or anyone else out, please let me know! I've lived here for the better part of 25 years so I know the area pretty well. The Treasure Valley is growing leaps and bounds, so there's a lot of opportunities to be found and made here.
Howdy! I'm down in Houston, and I've been looking at the Boise area pretty hard since a friend moved up there and started glowing about it. From everything I've heard and seen, it's a quickly growing area. It sounds like a big part of its growth is attributable to people from California and Colorado who are tired of the paying eleventy billion dollars for a one bedroom house. I don't know how accurate that is, though...
Very accurate. I go to open houses in the area to see what people are looking for, because it’s fun to me, and to talk with the agents to get their opinions on things. I attended a couple back in August, and both agents said what they’re seeing in their respective agencies is in Ada County which is the ‘epicenter’ of the Boise metro area and which holds some of the largest/fastest growing towns such as Boise, Meridian, and Eagle was their stats were showing 7 out of 10 buyers were from out of state, 5 of those California specifically, most were all cash purchases, and they were seeing increasing numbers from the Seattle, Denver, and New York City/North New Jersey metros.
A buddy of mine who’s family have been residential and commercial contractors in the valley for more than 40 years said what’s happening is when the market collapsed in 2008 residential construction came to a complete halt. The population was growing still which created a housing shortage. For nearly 3 years almost no new homes were built. Then the influx of out of state buyers began which created a bigger shortage and it just kept accelerating. So now we have a massive housing shortage and there’s not even enough construction crews or contractors to the point we’re seeing some coming in from out of state, and they couldn’t keep up with the demand for those who already lived here to begin with.
A notable amount of people who work in the tech sector who work remotely are coming in as well. Boise has always had a small but growing tech sector with Micron being from Boise, facilities from Hewlett-Packard, and now Amazon is supposed to be putting in a nearly 1 million sq ft distribution center in Nampa (a town 30 minutes South of Boise) which will employ in excess of 3,000 people. The Boise metro area has grown from about 465,000 in 2000 to around 715,000 today.
Hope this gives you some perspective on the area. If you have any questions just let me know. Happy to help anyway I can. Oh, and I could also tell that this place was growing because now when I say y’all people don’t look at me funny anymore and sweet tea is fairly common in restaurants now!
Very accurate. I go to open houses in the area to see what people are looking for, because it’s fun to me, and to talk with the agents to get their opinions on things. I attended a couple back in August, and both agents said what they’re seeing in their respective agencies is in Ada County which is the ‘epicenter’ of the Boise metro area and which holds some of the largest/fastest growing towns such as Boise, Meridian, and Eagle was their stats were showing 7 out of 10 buyers were from out of state, 5 of those California specifically, most were all cash purchases, and they were seeing increasing numbers from the Seattle, Denver, and New York City/North New Jersey metros.
A buddy of mine who’s family have been residential and commercial contractors in the valley for more than 40 years said what’s happening is when the market collapsed in 2008 residential construction came to a complete halt. The population was growing still which created a housing shortage. For nearly 3 years almost no new homes were built. Then the influx of out of state buyers began which created a bigger shortage and it just kept accelerating. So now we have a massive housing shortage and there’s not even enough construction crews or contractors to the point we’re seeing some coming in from out of state, and they couldn’t keep up with the demand for those who already lived here to begin with.
A notable amount of people who work in the tech sector who work remotely are coming in as well. Boise has always had a small but growing tech sector with Micron being from Boise, facilities from Hewlett-Packard, and now Amazon is supposed to be putting in a nearly 1 million sq ft distribution center in Nampa (a town 30 minutes South of Boise) which will employ in excess of 3,000 people. The Boise metro area has grown from about 465,000 in 2000 to around 715,000 today.
Hope this gives you some perspective on the area. If you have any questions just let me know. Happy to help anyway I can. Oh, and I could also tell that this place was growing because now when I say y’all people don’t look at me funny anymore and sweet tea is fairly common in restaurants now!
Jason this is an awesome post. Super helpful and informative. I didn't know any of this; I just knew it was supposedly a hot area. This provides a lot of color around what I'm hearing. This is a great story for the city, and it makes that much more attractive to me. Thank you very much.
Hello BP members, I'm new to the site and with Gordon on wanting to meet and or network with locals, I haven't seen a forum for local meet up do I just need to keep my eyes open for the next meet up?
I haven't seen a forum for local meet up do I just need to keep my eyes open for the next meet up?
On the BiggerPockets menu, click Network, then Events.
Thanks @Veronica Fletcher, hoping to make it.
Hello BP members, I'm new to the site and with Gordon on wanting to meet and or network with locals, I haven't seen a forum for local meet up do I just need to keep my eyes open for the next meet up?
Hi Jeffery, good to meet you! Same boat as you in regards to the meet ups, hope to see you at one.