All Forum Posts by: Carter Yocham

We just closed on our first rental home. It’s by no means gem, but we got it well below market average for the area and now we have capital to invest in rehabbing. In your experience, what are some of the most important components of a rental house rehab that lead to successful ownership of said rental house?

@John Purcell awesome! Fun to hear someone else is as crazy as we are 😂 good luck!

@Thomas S. Market is definitely appreciating here. The price range we are in is still pretty low so we feel comfortable with the 20% down and we’ll still have some cash for the rental. Of course, we have a new addition to the family (our first son) and we are choosing to upgrade our lifestyle.

@Don Spafford thank you for your encouragement Don! Yes, there were 18 showings and 11 offers in 3 days. Here is the house we just sold.

https://www.zillow.com/homedetails/4005-W-Neel-St-Boise-ID-83705/79689077_zpid/

@Eddy Udry thank you! You know the market here is crazy and we were blessed to have good timing.

@Steve Vaughan thank you. I love your neck of the woods! We’re over there during summers often trail riding!

@Leigh Cowden it’s an amazing place to

live! I think Idaho is for California today like Arizona was for New York in the 90s when everyone left NY because of rising taxes! So many people moving here. Also a great place for tech startups surprisingly. As you know, quality of life here is great with surrounding recreation.

@Leigh Cowden Boise, Idaho. Growing like crazy here and inventory is super low.

@Pennie Heath thank you! We’re very excited to get going.

@Scott Scheel thank you! We’re excited. I’ll keep updating this as we move along!