All Forum Posts by: StacyA McBain

Hi Bentley, 

It really can't be done until spring. At this point, you could include a bid-based "landscape credit" in with the sale as an advertised feature, or a feature you're willing to offer during inspection negotiations if/when the Buyer calls it out. 

If you hit market after April, the work can be done at that time. It should be easy to plan for right now, as landscapers should be pretty slow at the moment.

Happy Investing!

Stacy

Hi @Kurush Italia

Are you looking for single or multi-family? Attached please find a couple slides from the latest Avid Investor's club meeting as well as SFR infographics divided into the two main counties Ada County (Boise/Meridian) and Canyon Count (Nampa/Caldwell). Inventory is the biggest obstacle here at the moment. With that, I'd advise working forward from properties of interest, as they hit the market, to then evaluating the omps and DOM as relevant to the subject property's immediate area. Here's some juicy data to give you a picture of the local market. Keep in mind the 4plex 63 DOM includes some unappealing properties that skey the numbers- the good ones move more quickly and aren't necessarily clustered by zip.

Happy Investing!

Stacy

Swope Investment Properties

Hi @Suzi Scher, 

Are they single family or multifamily properties? Jonna and I are both Buyers and agents who are connected with investor buyers (we both lead up local investor clubs). I've been involved in multiple partnership deals and would be interested in hearing more and connecting your accordingly. Are you in Boise? AVID Investor's Club meets tomorrow night - that might be a great place to connect.

Happy Investing!

StacyA

Swope Investment Properties

"Building Your Portfolio" is the topic of the November meeting. Special guest presenters include private lender Joe de Vera or Veristone mortgage and a local builder who has built everything from single family homes to 4plexes. 

Find out more about how the building trend in Idaho is relevant to regular investors, and whether it makes sense to take advantage of any extra land you may have, or find. 

Please contact me for your official invitation, complete with all the meeting details, and to RSVP. 

Thanks and happy investing! 

StacyA McBain

Swope Investment Properties

Hi @Joe Ferrin, 

I love your goal! (And share my own version of that same goal with my engineer husband). I find that getting started with properties near home is one step easier/lower risk. Especially if you plan to self manage. I find it comforting that most of my properties are within 5 miles of my house. 

Your choice of team members is always important, but doubly so if you travel to invest toward Magic Valley, since you'll be one step more reliant upon their local connections, knowledge and availability (including service after the sale).

Here in treasure valley, the meet ups hosted by @Jonna Weber will serve as a fantastic way for you and your wife to get acquainted with experts like Jonna, who live, invest and work in investment real estate locally. You're also very welcome to check out AVID Investors Club on November 16th. 

Both Jonna and I have helped first-time investors start down the path leading to their first income properties - that's a good question to ask or point to watch for as you start to assemble your own team in one of Idaho's valleys.

Happy investing (and investment market selection)! 

StacyA McBain

Swope Investment Properties

Hi @Don Spafford 

I know a couple private/hard money lenders in the Boise area. Both are attendees of AVID Investors Club. PM me if you'd like their contact info. 

Happy Investing! 

StacyA McBain

Swope Investment Properties

Hi David, 

Let's plan a meet and greet coffee or happy hour in downtown Boise with your crew on early side of your arrival. I'm certain we can convince @Claire Fenton into joining. If you add single family investment properties into the mix, we'll absolutely want Jonna's expertise as well. 

Happy travels and happy investing David! 

StacyA 

Swope Investment Properties

Hi Carly,

I recommend Erik Bolinder of Exceed - Strategic Legal Counsel for an attorney. He has decades of experience but only just opened his own practice, after serving at a major firm in town and has been more accessible and knowledgeable than some others. PM me for his info, as desired or search by his full practice name and you'll find one Yelp review and a holder/temp site.

You're welcome to mention my name if you reach out to Erik.

Neal Colborn also is good. Both recently spoke to various investor groups in Boise. 

Happy Investing!

StacyA McBain

Swope Investment Properties

Hi Greg - 

Next AVID Investor's Club is 11/16. See you there! 

Warmly, 

Stacy 

Swope Investment Properties

Hi Greg, 

You're in the right place. Welcome!

You're very welcome to come to check out AVID Investors Club - An Idaho Real Estate Investor's Club. Our next meeting is tomorrow night - it's a fun way to meet fellow podcast junkies :). Meetings are meant to be educational, connecting and tend to be quite enjoyable. 

@Jonna Weber  is another valuable contact. She hosts Bigger Pocket meet ups that are well worth attending for additional networking opportunities.

Shoot me an email to the address on my profile if you'd like an official invitation to AVID Investors. The club is filled with folks like you and I  - buy and hold investors of all levels, including aspiring. 

Happy Investing!

StacyA McBain

Swope Investment Properties