All Forum Posts by: Clayton Clark

@David Reed Adams - Welcome to BP David !  Working real estate here in the Boise area I often run across potential deals.  I would be happy to keep you in the loop if you are interested.  Wishing you the best in your real estate adventures.

Clayton Clark

Boise Premier Real Estate

Are you looking to expand your rental portfolio or looking for a place to buy your first rental?

Why Idaho?

1.) The Boise, ID area is on fire, homes are affordable and rentals are hard to find.  

2.) Current vacancy rates are around 2% and have been close to that for years.  

3.) Home values have increased about 8% to 12% in since last June and continue to increase steadily

4.) I have seen many purchases recently where the lease is signed and the renter is ready to move in before the purchase is completed.

If you would like more info or see what the area has to offer, call or send me an email

Clayton Clark - Boise Premier Real Estate - 208.996.6507 - [email protected]

We have set up an entity created with operating agreement.

I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done. We would avoid a lot of expense with Title and Financing fees this way but I am concerned with the risk. Does anyone have a good contract or a way to do this?

More background - This would be our first flip, I am a Realtor and confident with my comps and my business partner is a Contractor and is confident on his repair estimate. I would be the Realtor for the sell and my business partner would be the contractor for repair work. 

I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done.  We would avoid a lot of expense with Realtor, Title and Financing fees this way but I am concerned with the risk.   Does anyone have a good contract or a way to do this?

More background - This would be our first flip, I am a Realtor and confident with my comps and my business partner is a Contractor and is confident on his repair estimate.  I would be the Realtor for the sell and my business partner would be the contractor for repair work. Would it be better to take our profit through a Contractor Work Agreement and Realtor Representation agreement?

Welcome to BP @Greg Betts!  I hope you have lots of success here in Boise, put one foot after another and before you know it you will have meet your goal.

Welcome to BP @Joe Ferrin!  I live, work and invest here in the Boise market and what a great place to be.  I wish you the best of luck in your investment future and if you have questions or need any help please feel free to reach out anytime.

Thanks,

Clayton Clark @FastAgentNow

Hello BP,

I have two opportunities available in the Boise,ID area - I am going to start with the most pressing.

Deal #1 - I have lead on a seller who is behind on taxes and needs to close by 8/31.  For this I am searching for funding or just a cash buyer to whole sale it to.  This is a 3 bed, 2 bath 1200sf home in a great part of town.  Seller currently wants 140k and average comps are at 190k up as high as the 230's 

Deal #2 - I have a live listing in Meridian, ID  as reference and I can get into for 165k put in 40k repairs or less and out at 250k.  All I need is the funding.  4 Bed, 3 Bath, 4 car garage 1909sf

About me, I am a Realtor here and working with partners to setup a business. I have the real estate knowledge and access and my partners have business ownership and contracting experience. We recently joined on this venture and don't have our LLC created yet. These opportunities feel in our lap quick and we don't to miss out. I have more information on these deal if you would like to pursue them with us.

Thank You,

Clayton Clark

I know of a duplex owner in Kuna that might be ready to sell, it would be about 110k range of your interested. 

Ajay A.  Welcome to BP and the Boise investing market. You have come to the right place, BP if full of great information, tips and advice.