All Forum Posts by: Eric Giovannucci

 Hey! If you ever make your way down to the treasure valley and need work, we can always use another electrician! 

Anchorage, Alaska

Probably the least tapped market going! 

Depending on the property, you are looking at a 10-15 cap rate or price-to-rent ratio of around 6. 

A 500k-800k purchase price with annual revenue between 75k-120k. I advised my clients and utilize this method myself: 

4 unit Multifamily with mixed-use two units LTR, two units STR.

Average 2/1 900sqft LTR: 1450 month STR 100-140 a night depending on location.

Average Cost to furnish: 5-7.5k

Give me a shout if you want to talk more specifically. 

 Hey Lain, 

I highly recommend two options: Anchorage, Alaska, and The Treasure Valley/Submarkets/Vacation markets to the valley (Mccall, Cascade, etc). 

I run STRs in Alaska and have had a 95% occupancy rate year-round, and look at about 120-140 a door for small condos (conversation pricing) , let me know if I can help you with either as my team is licensed in both areas! 

Awesome find! When did you close on this deal? 

Man, I sure do love me some Stuenenburg District in Caldwell, Nice job @Corby Goade

IDAHO! 

Treasure Valley is home to some awesome agents and investors, don't be a stranger! 

Sounds like your trip is coming up soon! Let me know if you want to get together, would love to share some knowledge on the area! 

Hey Craig, 

Where in Idaho are you referencing? I invest in the Treasure Valley, would love to connect. 

Hey Danielle! 

I totally get how hard it can be to start out in an expensive market, I started out in California about a decade ago, and am now an investor and agent here in the Boise market. Wholesaling/Finding deals will always bring money, if you have a deal, someone will buy it. 

House hacking has become even easier nowadays with low down conventional loans (3.5%), or IHFA, FHA, etc. If you want to come to a meetup or grab a coffee and chat and see if there is anything I can help you with id be more than happy to!