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All Forum Posts by: Nathan Jensen

Nathan Jensen has started 3 posts and replied 11 times.

Just like title states, I’m from twin falls Idaho. Do we have any other lenders in this area?

Post: First home flip bought new home

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

Investment Info:

Single-family residence buy & hold investment in Twin Falls.

Purchase price: $165,800
Cash invested: $10,000
Sale price: $265,000

This home was my first purchase. It was a good purchase even though I didn't know much about real estate. It was purchased right before the area of Twin Falls starting making record HPI highs, and it also needed a modern update. It also comes with a large yard and separate garage. The garage could be help and rented separately from the home itself.

Update we sold it. Bought a new home.

Post: First home flip bought new home

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

Investment Info:

Single-family residence buy & hold investment in Twin Falls.

Purchase price: $165,800
Cash invested: $10,000
Sale price: $265,000

https://www.zillow.com/homedetails/944-Bracken-St-N-Twin-Falls-ID-83301/111268005_zpid/?view=public

This home was my first purchase. It was a good purchase even though I didn't know much about real estate. It was purchased right before the area of Twin Falls starting making record HPI highs, and it also needed a modern update. It also comes with a large yard and separate garage. The garage could be help and rented separately from the home itself. We have plans to add a bathroom to the basement, finish some upgrades, then turn it into a AIRBNB property or large family rental.

Update we sold it. Bought a new home.

Post: Rental Market in Twin Falls, Idaho

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

Every contractor is extremely busy that they are turning away business. Construction is booming big time. 

Post: Rental Market in Twin Falls, Idaho

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

I am a local mortgage lender here and the answer to your question is it’s currently probably the best market in the us to invest in right now. Boise has a lot of traffic coming this way. Lowest rates. Not enough supply for housing creates high appreciation values. Rents going up. 

Craig that’s just for the lots. 

I live in the magic valley and do mortgage loans for a local community bank here and would love to answer any questions you have for the area. 

Post: Twin Falls, ID buy and hold

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

Great job Jeremy! Do you recommend wholeselling to those without a real estate license? I am in finance and am looking for a good rental property that has good cash returns. I am not great at flipping projects I would rather look for the long term rental property and Brrr it as well. 

Post: Contractor Recommendations in Twin Falls, Idaho

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

You may be better off contacting suppliers and subs rather than connecting with a general, but if you want a general contractor, I could recommend one. 
for flooring I would recommend Rocky Mountain flooring

Kitchen sinks you can have Lowe’s help with that or there is a local company called Ferguson who can come out and give you an estimate on a kitchen remodel. 
what are you needing for bathroom? Addition or remodel what do you want to replace?

For windows twin falls glass. 

Feel free to message me. Thanks!

Post: Newbie from NE Ohio, relocating to Southern Idaho or Salt Lake

Nathan JensenPosted
  • Lender
  • Twin Falls, ID
  • Posts 14
  • Votes 7

Hello Pita, I have lived in the Magic Valley my whole life. I love the area for its outdoors and everyone I know is here. I help people relocate to Idaho by helping them line up financing for their future homes here as well for the real estate investor. I would be happy to talk to you about real estate and your goals and see how I may be able to help. I have friends who are real estate agents, contractors, etc who I can help connect you with as well.