Researching the Boise, Idaho area rental market

Researching the Boise, Idaho area rental market

Paso Robles, CA · Member since 2018 · 3 posts · 2 votes

I am considering buying next year out of state, specifically the Boise area instead of buying in CA where we live. This would be our second rental. I have David Greene's book which is on the list to read before we completely jump in. Does anyone know of a good trusted turnkey company for SFR or small multifamily? Boise Turnkey was the main one that came up on my Google search. I just wanted to put my feelers out and see if anyone could give me any insight on the area or surrounding cities in regards to rents and market as well. Thank you!

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Chris ClothierBusiness Member
Rental Property Investor · memphis, TN · Member since 2009 · 2k+ posts · 3k+ votes
6y

Connect with @Jonna Weber.  Long time commenter and poster and super knowledgeable with that market.

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  • Realtor · Coeur d'Alene, ID · Member since 2020 · 64 posts · 39 votes
    6y

    I don't know the Boise market, but the market is raising quickly up here in North Idaho specifically Coeur d'Alene. Check it out! The best part of Idaho I think! If you have any questions let's connect.

  • Chris ClothierBusiness Member
    Rental Property Investor · memphis, TN · Member since 2009 · 2k+ posts · 3k+ votes
    6y

    Connect with @Jonna Weber.  Long time commenter and poster and super knowledgeable with that market.

  • Boise, ID · Member since 2014 · 121 posts · 73 votes
    6y

    @Lindsay Pascoe I would be glad to share any data on the market in and around Boise.  I do not do property management however since the laws are changing and the lines keep getting redrawn as to what is a service animal, comfort animal, pet, etc. that I let the full time property managers deal with that.  

  • Boise, ID · Member since 2017 · 84 posts · 42 votes
    6y

    Hi @Lindsay Pascoe! The Treasure Valley is a great place, and the real estate market here seems to be doing quite well. We own a small multi-family property here in Boise and operate a short-term rental property management business, would be happy to connect and chat about the area and market here if you'd like - let me know!

  • Paso Robles, CA · Member since 2018 · 3 posts · 2 votes
    6y

    Thank you all for the info and connections. I will try to get back to each one of you individually!

  • Boise, ID · Member since 2020 · 68 posts · 52 votes
    6y

    Hey Lindsay, 

    All these individuals are great resources. I own a multifamily property here in Boise as well.  If you have any questions about the area feel free to PM me I would be happy to help.

    Sean

  • Jonna WeberPro Member
    Moderator
    Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
    6y

    hi @Lindsay Pascoe - Welcome to the Boise market!  I am so glad you are doing your research. The multi-family market here is TIGHT right now - and we are available to connect.  Talk soon!   

  • Jonna WeberPro Member
    Moderator
    Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
    6y

    @Chris Clothier - thank you for the mention!  Means a lot coming from a specialist in out of state investing! 

  • Real Estate Consultant · Salt Lake City · Member since 2018 · 61 posts · 48 votes
    6y

    @Lindsay Pascoe If you can't get the cap rates or kind of property you are trying to find in Boise, you should consider investing in East Idaho as well. This market is far more affordable and absolutely KILLING IT. Rental demand is through the roof and the economy is diverse and thriving. I'd be happy to help you find something here! It might also be worth it just to have something to compare to what you are seeing in Boise. The investor network over here is strong (See the Idaho REIA at https://www.facebook.com/idahoreia) which is especially helpful if you need a strong team while investing from long distance! Either way good luck and welcome to the greatest state in the US!

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