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Updated about 6 years ago,
Boise Idaho real estate investing market
Hi everyone!
Me and my wife are looking to make our first real estate deal in the fall of 2019 and we really want to live in the Boise/treasure valley area, but as we have been checking out properties and running the numbers in that area and we found that cash flow is very low and it doesn't look too be much of a buy and hold friendly market. I'm reaching out on here to try and find out what adjustments you guys have made to adjust to the market?
We plan on house hacking a multi family if we can find one where it makes sense as a good deal. Also we don't see many multifamily properties that make sense either. any insights?
Any of you came up with any creative solutions to this challenge?
Have you guys started buying in different Idaho cities? Are you beginning to look out of state? Other market ideas?
We don't really want to raise our family any where outside of the Boise Area, but we also want to work towards our financial freedom. Any tips or strategies would be greatly appreciated.