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Updated about 5 years ago on . Most recent reply
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Boise Idaho Investing
Hi Guys,
I'm heading out to Boise, Idaho next week to check out some properties in Caldwell, Nampa, Star and Boise and have some questions. I have connected with a Real Estate Agent and a Real Estate Broker who will be showing me some properties when I get there. I like the potential of the Boise area and have a friend on the ground who knows contractors and would want to be my property manager if I get a house and he would be great at it. This would be a my first property and I would like it to cash flow so I have been looking at mostly fixer upper duplex's.
Besides running the numbers is there anything else I need to prepare for before I get there?
What do I need to look at when I'm physically looking at the houses?
Any other advise would be great!
Thanks!
Matt
Most Popular Reply
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One tip that I found on Bigger Pockets that helps me, is to make a couple of videos as you check out the properties. First walk around the outside with your phone recording, look up and down, and mention any abnormalities you see so that it is recorded. If the inside is vacant, walk through recording again. This has really helped me when working on the numbers, for example, how many windows did it have? What did that fireplace look like? Sometimes you notice things in the video that you didn't notice when you were there.
Also, keep track of your expenses for tax time!