All Forum Posts by: Lexey Vezzoso

Hi Derek!

My first piece of advice would be to do a little due diligence on what cities are putting limitations on STR.

I know here in the Boise area we haven't seen any limitations YET and there are some great opportunities out here for STR. But I also know that that could be subject to change at a moments notice.

Depending on what market you decide to purchase in, I would then think about purchasing near Universities, Stadiums, Airports, Scenic Attractions, etc.

If you'd like more information on the Boise area at all I have a great STR connection that I could definitely get you set up with to talk more about it if you are at all interested in learning more!

Good Luck!

-Lexey Neitzel 

Hey Dillan!

Congratulations on the new build!

I just helped out some clients on a new build here in the Boise area that they are only using as an Airbnb. They are about a couple months in and they are already seeing great returns. It may differ obviously in different markets but I know that the Phoenix area is booming very similarly to us here in Boise. 

One thing that I believe can make a huge difference in your Airbnb success is if you have a good STR company helping you in managing your home. I've seen that make or break people. If you don't have someone helping you manage yet I would recommend doing some research and finding a good STR company. I unfortunately don't have any recommendation in that area for you.

I just thought I'd let you know what I've seen in our market to maybe help you make your decision. 

Good Luck!

-Lexey Neitzel 

Hi Jenna!

You are so wise to jump into real estate young!

If you have the time right now and can learn I recommend listening to as many audiobooks, podcasts and YouTube videos as you can! Podcasts and YouTube are obviously free which is great for your situation! Some good one to look up are wholesaling inc., bigger pockets, pace morby, Lauren hardy and meet Kevin. 

My husband and I started out with very little money and learned so much about real estate with these resources! We would spend the majority of our free time watching these YouTube videos or listening to podcasts in the car instead of the radio. 

Take advantage of the time you have now and learn as much as you can!

Good Luck!

-Lexey 

Hey Timothy!

As an agent myself, I would hope that my client would be transparent and honest with me about what their expectations are and what they want and need from me as their agent. 

Before moving on to someone else, I would have a conversation with them about it. If they don't take the feedback well then at least you were open and honest and they will know why you decided to move on. It seems overall you are happy with your agent, but maybe just a few things need to be improved? I think a simple conversation would be the best first step. 

Good Luck!

-Lexey 

Hey Matthew!

I came across this as I was going through the forums! I'd be happy to help you guys out! 

Let me know what I need to do. :)

-Lexey 

Hey Carlos!

I personally think you would be better off leveraging your money and buying 3 separate homes with a mortgage. Appreciation usually always outweighs cash flow (depending on your market) so you are likely to get a better return overall. 

I would research your market a little bit and see what home prices are doing and if you're seeing good amounts of appreciation you should definitely leverage your funds!

Good Luck!

-Lexey 

Hi Carissa!

I'm sorry about the experience that you have had thus far, however, I think you would be wise to hold onto it! If you own it free and clear it is a great investment for you. You will have to put some money in it to make it a quality property again but I truly believe that will be worth it in the long run. If you can get it fixed up (get some different bids from different contractors), and if you can find a great property management company who is good about screening tenants and helping you take care of the property from a distance it will 100% be worth it. 

Set your standards for the property management company on what you want in a tenant and do some research on good companies in your area who take pride in helping people with their rentals. 

This is my best advice for you and I hope that your next rental experience is a better one! Good Luck!

-Lexey 

Hi Sarah!

Have you looked up Wholesaling Inc. on YouTube? Or look up Lauren Hardy as well (I think she is associated with wholesaling inc but also has her own courses)! 

She teaches all about wholesaling virtually and I know she has some coaching programs as well. :)

I hope this gets you going in a good direction! Good Luck!

-Lexey 

Hi James!

My team and I have had a conversation about this recently. We are located in the Boise market and to answer your question without going too crazy we see prices staying about the same and maybe even raising a little bit again for the spring and summer of 2022. The reason for this is because inventory is so low still making it a sellers market. Yes, interest rates are already going up but due to supply and demand we believe the market will stay about the same. We don't foresee a crash happening but more of a steady plateau. 

If you wanted to go into more detail about it I'd be happy to hop on a call and have a conversation. These are just my thoughts and insight based on what we've been seeing in our market. 

Here is a link that gives you an idea of the mortgage rate trends from the last 30 years that might give you some good insight as well!

https://www.creditdonkey.com/h...

Good Luck!

-Lexey Neitzel 

Boise Turnkey Properties 

Hi Will!

You are definitely smart to want to invest in Real Estate as it is one of the best ways to get to financial freedom!

If you want to learn about how you can start with little to no money I would recommend using YouTube. Look up Pace Morby and Brent Daniels. Pace Morby specifically teaches you how to make great money in real estate with ZERO money. Use this tool to learn how to make some money that you can then use to start buying properties to hold as investments. My husband started out with about $1,000 in his bank account and learned everything through YouTube and podcasts. You don't need money to make money in this business. You just need the right resources to learn how to get creative in real estate. 

Let me know if there's anything else I can help with and Good Luck!

Lexey Neitzel