Road Trip! MFH Investor and Land/SFH Buyer

[David Stover]

Howdy!

My colleague and I will be taking a road trip from California up to Idaho this November. We'll be running a circuit from Boise to Moscow from 11/22 thru 11/27. I would love to hear from anyone in the BP community, if you know someone or you are someone who would like to meet up to show properties, tour neighborhoods, or just to grab a drink and share stories about your local area.

I'm looking to grow my real estate portfolio through buy-and-hold or fix-and-hold investing of MFHs (5-20 units). Through research I've found the Boise metro is a good start, but I hear student housing in Rexburg or Moscow might also fit my situation. My budget is ~500k including financing. Of course, seller financing is always welcome, too!

My colleague is looking at a much broader area in rural/semi-rural Idaho for retirement/vacation/"hobby farm" use. The land would be for personal use, not an investment property. Structure optional, utilities optional. Their budget is ~200-300k.

If you think you could help either/both of us get networked and find what we're looking for, please reach out. Thanks!

[Jonna Weber]

Hi @David Stover -

Welcome! 

 For the pulse on the larger multi-family in Boise, you'll want to introduce yourself to @StacyA McBain.  Also,  @Claire Fenton is a great resource on the current multi-family rental market in Boise.  

Moscow has a great rental community - it will be very quiet when you are up there since it is Thanksgiving break.  We are U of I alums - and have often thought of investing there. 

FYI: Please be sure to have the right car/tires for your road trip.  Winter conditions can make Highway 95 very tough to navigate if you are unprepared.  Truly - it can be scary if snow and/or ice are on the curvy mountain roads and you are not accustomed.  That is my service announcement for the day. :)

I hope that you love Idaho!

Jonna