Has anyone had experience securing a portfolio DSCR loan in an area classified as "rural"? I'm having trouble finding a lender willing to work with me. The market is technically rural, but it's a small town with strong demand for both real estate and rentals. Any lender recommendations or tips wo...
Hi all! I'm based in Boise and am curious if anyone has had success purchasing properties using real estate attorneys instead of a buyers agent, or paying an agent per service. For those who have done either, I'd like to hear: Who wrote your offer? What did you pay for that help, and was it a fla...
Hey everyone earlier this year I had a possible opportunity to move on to a possible 2nd deal for myself. I didn’t end up doing it as it would have cut down my gross rental cash flow from $1000 to less than $300 depending on the rate we would get. My overall cash flow would have been roughly arou...
Thinking about house hacking or looking for a way to get started in real estate investing? On September 17th, I’ll be presenting a free virtual Lunch & Learn with the Idaho Real Estate Investor Network focused on using house hacking as a way to reduce your housing costs and start building a real ...
About eight months ago, I wrote a post here about how my goals as a real estate investor have changed. For years, the goal was accumulation. My original target was 10 doors producing $500 per month each. Eventually we surpassed that goal, and I found myself thinking less about how much more we co...
Hello everyone I’m looking to wholesale in the Nampa, Caldwell, and Boise Idaho area. I’m just wanting to know if anyone has used a title company that knows how to close wholesale deals or assignment transactions.
If you tried to buy in Boise in 2021, you know the feeling: every house had eleven offers over asking before you'd even finished reading the listing. That market is gone, and good riddance. What's replaced it is quieter and, frankly, more interesting to us as investors — the underlying demand nev...
Hi BP, I have a question for some of you PM’s or self managers. I self manage a handful of my personal properties and this is the second time I have had to explain to a tenant about the AC in Idaho. Last year we had a tenant that relocated from another state and they would crank the ac up during ...
Hey everyone — my best friend is a college athlete who just received a significant NIL deal. I’m helping him build a real estate strategy around it and we’re both completely new to this. Looking for honest advice from people who’ve actually done it. background: • We have real capital to deploy, l...