Rental Property Investor · Denver, CO · Member since 2016 · 86 posts · 160 votes
BiggerPockets! I'm working on building a landing page for Idaho and the city of Boise. Would anyone be willing to share why you choose to invest in the state and/or city? What makes your state so wonderful for investors?
Rental Property Investor · Boise/Portland · Member since 2017 · 709 posts · 742 votes
6y
Many years ago, my wife and I were given an opportunity that exceeded our knowledge and experience that involved acquiring a SFH, which we bought at under market value. After it tripled in price a few years later, we decided to walk through a 1031 Exchange. However, we didn't know where to reinvest. We spent weeks researching the pros and cons for real estate investing in the three northwestern states; Oregon, Washington, and Idaho. It became abundantly evident that Idaho was the very clear winner, and Boise/Meridian came out as the best overall for the state. That was 12 years ago and we keep expanding our portfolio in the area. And, we've done it all as long distance investors from SE Asia where we serve impoverished families in our clinic.
Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
6y
Hi @Lauren Hogan - very curious what your landing page is about. We often explain all the reasons that people are investing here - and the reasons often come down to growth,long term fiscal outlook, and quality of life for so many.
Rental Property Investor · Boise, ID · Member since 2010 · 67 posts · 30 votes
6y
Just like the 3 rules of real estate have always been: Location, Location, Location! For me it was the intersection of a number of personal goals of mine, but I think if you find minor markets that match these key things, then you've got a strong town. The 3 keys that people want (not just need; water, food, shelter) are Live, Work, Play. So, watch for areas with things to do for multiple age ranges, strong/growing job markets, and a sense of community that ties it all together.
Rental Property Investor · Boise/Portland · Member since 2017 · 709 posts · 742 votes
6y
Many years ago, my wife and I were given an opportunity that exceeded our knowledge and experience that involved acquiring a SFH, which we bought at under market value. After it tripled in price a few years later, we decided to walk through a 1031 Exchange. However, we didn't know where to reinvest. We spent weeks researching the pros and cons for real estate investing in the three northwestern states; Oregon, Washington, and Idaho. It became abundantly evident that Idaho was the very clear winner, and Boise/Meridian came out as the best overall for the state. That was 12 years ago and we keep expanding our portfolio in the area. And, we've done it all as long distance investors from SE Asia where we serve impoverished families in our clinic.