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All Forum Posts by: Shannon Robnett

Shannon Robnett has started 12 posts and replied 169 times.

Post: Treasure Valley, ID RE Investors Monthly Meetup!

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

You can find more details Here!

Do you live in the Treasure Valley, Idaho?

Are you looking for an in-person Networking event?

Are you looking for ways to build your retirement/real estate investment portfolio?

Are you looking for a like-minded community in this crazy real estate market?

We are excited to invite you to a high-yielding opportunity we've put together organically. It's local, engaging, educational, doesn't cost anything, and you will have the chance to meet new people. We discuss all aspects of real estate, learn from local experts, build relationships, network, and have fun. 

Come join us and see for yourself.  You can find more details Here!

Post: Current Boise Market

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

Well if you would have known then what you know now....We have seen several significant things begin to happen here in the local Boise market. 

1) wages have begun to creep up because of the cost of housing rising significantly as well as our unemployment never got over 6% during the debacle of the last 18 months.

2) we have and will have strong demand for lifestyle.  This will continue to bring people from all over to our area, which will keep demand high for housing.  Latest articles on demand  show another 18% growth over the next 12 months. https://mortgageorb.com/veros-...

3) You are totally correct @Andrew Jambor we are seeing HUGE demand for apartments and are building like crazy right now to keep up with demand.

4) inflation is coming for your cash!

Post: Deciding my next endeavor. SFH vs Multi.

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

@Carl Millsap These are all really great points about MF but the biggest one I didn't see on the list was TAX SAVINGS.  MF allows for bonus depreciation which is huge when it comes to building wealth as it limits Uncle Sams involvement in deleting your profits!

Post: 1031's and Syndication

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

@Zackary Waage You are correct that this is a question your CPA.  I have had this question come up several times and the way that my CPA has explained the IRS "like-kind" boils down to the title of the purchase.  As you are going to be able to sell your home in the name of @Garrett Smith but you are buying a share of syndication titled XYZ syndication, so the IRS looks at the fact that the titles do not match so that would disqualify it per the IRS.  But again, this is just what my CPA said and you should check with your own CPA on this topic.

Post: Pacific NW Retirement real estate purchase

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

@Matthew McNeil 
As a 40 year Boise native with 27 years as a second-generation
Developer/builder and a 4th generation Realtor, my skillset is pretty specific to the development of the Treasure Valley. We are building multi-family and industrial space in cooperation with passive investors through syndication. With this vehicle, we are bringing much-needed
housing and real estate investment opportunities to the valley.

Post: Who is on Clubhouse

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

Anyone on Clubhouse? 

I have been on for a couple of weeks now and have found a ton of value and a lot of great people to connect with and wanted to see who on this platform is dabbling in it!

Any RE rooms going on the App I should check out?

Anyone need an invite to Clubhouse?

Post: Pacific NW Retirement real estate purchase

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

@Matthew McNeil Boise is off the charts right now for growth for sure!

Post: Boise Idaho Meetup all about Real Estate!

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

We have an in-person meetup for all levels and kinds of real estate peeps that happens in the Boise MArket every other Thursday! We have fix and flippers, Wholesalers, BRRRR, Active investors, Passive peeps even developers, and a realtor or two!

https://www.meetup.com/tva-rei...

Post: Boise Idaho Investors in search of......

Shannon RobnettPosted
  • Developer
  • Boise, ID
  • Posts 173
  • Votes 195

@Cheryl Faber How was the 9 am group?