All Forum Posts by: Jack Aduwo

Too bad i missed the meeting today. I Hope those who attended the meetup had great time and learned something new from each other.

Hi there @Brad Morgan

So there are two distinct ways to view this: 

1) People buy the houses to live in

2) Investors buying the houses to rent out

The 200k number you gave i think is a reflective of average going market rate but as an investor, you're always looking for a good deal hence the expectation is that buying price should be significantly lower than average going market rate. There are several mechanism you can implement to achieve this goal. You should make every effort to meet the 1% rule.  I have driven through Twin Falls several times when i am going to Boise   It is a nice town, i love it there. I have always wanted to have a piece of Twin Falls pie but i have not been able to get a good boots on the ground realtor or partner to work with.  

I am sure you can find a good deal meeting the 1% rule in that market

Yes Chobani is there. They opened a 450 million dollar plant  there. They say that it is the worlds largest Yogurt manufacturing facility. 

If you find a good deal there and need someone to partner with then please let me know

FYI......The average vacancy rate for  state of Idaho is about 6.9% +-2

Dr Kituku is a great motivational speaker. I have had an opportunity to attend one of his presentations. I would highly recommend anyone who can attend to do so

@Mark Jones you mention about looking for an investment preferably  in the NW Boise , bench, southeast, south Boise area.  but my advise to you is don't  just look at those area. I think there are other areas of Boise metro where you are LIKELY to get a great profit margin that those areas. 

Remember rule number is to know your market and with Boise metro being a relatively small town, i think you need to understand the entire Boise Metro (Ada and Canyon)

Awesome i will be there

I also would definitely love to take a bite on that cake. Please please PM with details of what you have in store so i can take a look. I look forward to hearing from you 

Thanks

Jack

Sounds awesome, count me in

Let me know where and what time on the 19th 

Count me in....

This is a great thread. Awesome. I am glad to hear that there are wholesalers in the Boise area

Wow.......a 26 unit for 185k and the city appraise it for 150k. That is either a really  good deal or something is seriously wrong with it. I have been shopping for MFH for a while now but i could never imagine getting that kind of deal in my market.  Please double check and triple check and quadruple check that you're getting a fortune.