All Forum Posts by: StacyA McBain

You'll be green with envy if you miss tonight's AVID Investor's Club meeting. 

We've recently been gathering via Zoom. Our special guest tonight is attorney Steve Rausch, who will address questions from members and I, and speak to issues with the pandemic such as the eviction moratorium. 

Please don't hesitate to contact me at the email address below for your invitation to AVID Investors - An Idaho Real Estate Investors' Club.  We're membership based/invite only and a great group. 

@Jack Deer- A lie would be against the realtor code of ethics.

Good crystal ball question @Lucas Villanueva. In short, as long as the in-migration continues, and the supply remains stressed, it's hard to imagine anything drastically changing. As/if those items shift, so would our market. So far, Covid-19 has only served to fuel the in-migration here. 

Stacy

Hello Jennifer! We're out here. Investor. And investment-specializing agent. And founder of a local investor club in Boise, Idaho. Sometimes a little busy making it happen, to spend too much time on BP, but thanks for reaching out. 

AVID Investor's Club 

Mission

To serve as THE resource for local real estate investors who want more. To share valuable information, knowledge and expertise through guest speakers, and the agents and associates of Swope Investment Properties. To help investors stay on a goal-based pathway to a smart real estate portfolio and increased personal wealth.

Who

Investors who value expertise, education, and good deals. Swope agents have invited their clients, friends and connections.

When

The third Wednesday of the month at 6:00 p.m. Contact us for location specifics and to RSVP. [email protected] 208-549-9987 Free of charge. Beverages and bites may be provided.

@David Sosa

Based on my experiences, my recommendation would be to hire a manager or to convert it to a long-term rental if you decided to do it yourself from afar.

I can see Handling a long-term rental from a far, but DIY management of a short term rental is more complex and includes a lot of moving parts, and it brought me to the property fairly frequently. I had a cleaner not show up when I managed my own and had to clean the place myself. I had a TV stop working and had to run to Costco to grab a new one. You would need quite the reliable team of resources.

That being said, I agree with everyone who says it’s expensive to pay a Manager. I did absolutely nothing when Vacasa managed for me but i also made little more than I would have made as a long-term rental. A licensed realtor managed another for me for a lower %, but it wasn’t 100% comprehensive and ended up inching pretty close to the same fee that Vacasa charged, which was comprehensive.

Good luck!

@Stephen Lay nice job so far. Jonna’s meet ups are great. You’re also invited to check out AVID Investor’s Club, which meets next 2/19 and 3/18. AVID is well rounded but caters toward buy-and-hold investors for cash flow and aims to educate.

Stacy, Swope Investment Properties

It's time to kick off the New Year with clear 2020 vision. You don't want to miss out on this opportunity to see (and hear) insights from Arla Kester, Partner and CPA at B.A. Harris, LLP!

We'll be offering savory and sweet refreshments and treats.
Kindly request your invitation using my email address.