Boise fix and flip market
I am considering moving to Boise and just wondering if there are some Idaho folk on here that can tell me how healthy/profitable the fix and flip market is like there in the metro Boise area. I live in Denver where the margins are thinner than cellophane. I think the whole world is moving here and it is quite annoying.
Scott
Most Popular Reply
"Thinner than cellophane" - ha! We can relate, however, like Lisa said, there are opportunities to be dug up if you put your efforts toward acquisition. I'm a buy and hold investor but selling a couple, given the current climate.
Rents are hot too - I have a four-plex in a prime location coming up for sale that will need serious work, but given the recent lack of ceiling on rents lately we might be able to make some numbers work.
I host an invite-only investor's club - hit me up for details when you get into town. Some pre-mls details float through there.
Cheers,
StacyA