All Forum Posts by: StacyA McBain

@Kelli Keefe and @Don Spafford , 

Thank you for the mention and kind words!

@Megan Faulkner it's unfortunate that mediocre agents are a dime a dozen. You won't go wrong with any of the names mentioned here. 

While all agents are licensed to sell investments, and most residential agents feel qualified to help with investments, true rock star investment specialists inherently bring an extra set of skills and tools to the table. 

You won't go wrong with any of the names mentioned in this thread.

Boise investment properties are my specialty niche, particularly multi-family. I can tell you anything you need to know about how the numbers look and should look. @Jonna Weber  is the crem dela crem for single family investment properties. Shana isn't active on BP, but she was my agent before I was an agent. All three of us have local investment portfolios of our own.

Don't hesitate to speak to a couple of us, and/or come to our investment clubs and meet ups if they happen to coincide with a Boise trip. I trust negative agent experiences in Boise will history for you. Who's your favorite agent in McCall?

Warmest regards, 

Stacy

Good luck Jonna! Whomever jumps on this will be one lucky agent, to have access to you and your expertise!

AVID Investors- A Boise-based Idaho Real Estate Investor's Club.

After taking August off, we're jumping right back into it with a riveting meeting that will help you fine tune your property's rehab, repair and capital improvements and hand you empowering cost-avoidance strategies. This meeting will affect each stage of your investing process, from acquisition, through management/maintenance and on to selling.

Condition affects desirability, rents and market value. As prices in the valley rise, it's more important than ever to ensure you're prepared for the costs that come your way.

Kelly Turpin is an efficient presenter and a wealth of information when it comes to all aspects of real estate repairs, rehabs and the budgeting tips that will help you keep your costs in check. She knows the business inside and out. As agent at Swope Investment Properties, a 25-year property manager, an entrepreneurial founder and seller of a successful local property management company, as well as a commercial property manager.

Whatever form of investing and investment management you take on (or hire out), paying profitable attention to property condition is imperative.

Meeting starts at 6:15. Free! Free beverages and bites. Please RSVP for details. 

Happy Investing!

StacyA McBain

[email protected]

208-921-0630

A reply would not be a good idea.

In some states, a reply could negatively impact, or even reset, your eviction process.

Update - this deal is no longer available. 

Happy Investing!

StacyA McBain

Swope Investment Properties

[email protected] 208-921-0630

Hi Scott, 

It's available! We've had multiple offers but haven't made it to close.

Why is it still/back available?

The commercial loan is a bit of an obstacle for the average 3-unit buyer who is used to conventional. The fact that it's a duplex plus a daycare also can be seen as a benefit in this market, where it's so hard to get daycare facilities approved. They re-rent quickly, but this one wants to stay. 

House is mid-century, which means aluminum windows, nice vintage kitchen. Heater is older, but price makes up for that. Roof is fine. No expensive deferred maintenance as of last week, when a huge tree was removed from out back.

You're welcome to contact me for more info

Stacy

Swope Investment Properties

[email protected] 208-921-0630

Here's a sample deal in Boise that is active now. I just posted it in marketplace. 

www.biggerpockets.com/forums/517/topics/459216-ful...

I agree with @Jonna Weber 's recommendation to visit here (or wherever you invest) first. 

Happy Investing! 

Make $8,600/year starting....right now! This fully-leased, 3-unit property has a 7.4% cap rate and costs less than $300,000!

This fully leased, 3 unit property boasts vintage charm & HIGH returns right now. Main unit features mid-century wood floors, arched doorways, fresh paint & shared gardens. Lower apartment boasts egress windows, nice tile and shared W/D access. Detached unit holds long term, licensed, permitted daycare on renewed 2 year lease. See proforma for actual numbers. 7.39% cap. Priced to sell as is. Don't miss this income potential!

Message me for details. 

StacyA McBain

Swope Investment Properties

208-921-0630

http://imls.paragonrels.com/publink/default.aspx?G...

@Steve Allen, 

You'll be missed! Thank you!

Owning rentals presents decisions that can literally make or break a good investment plan. Tomorrow night, Tony Drost will divulge some of his best practices and hard-earned strategies in optimizing ownership and Return on Investment (ROI) of investment properties.

As Founder of First Rate Property Management, and associate Broker at Swope Investment Properties, Tony Drost can tell you what rental strategies and improvements will boost your ROI, and which ones are wasting your money.

Whether you DIY management or have a professional, it's up to you to maximize your ROI.

This Wednesday 6/21 . . .

Maximum ROI! - Optimizing rentals for maximum efficiency and returns.

Featuring: Tony Drost of First Rate and Swope. Learn what the experts do. Tried and true tips on what to do, and what Not to do with your rentals, when it comes to rents, improvements and investing with a plan.

Free. Beverages & Bites. Please RSVP so I can have your name badge ready for you and send you details. My contact info is on the invitation below, on my profile or I should be notified for comments on this post.

See you tomorrow!