All Forum Posts by: Tim Boeving

Hi BPers! Wondering if anyone knows a rough rate for handyman services in and around the Boise area. Thanks!

I’ve never used them but heard only good things about prosource. They sell wholesale to contractors but you can still buy retail if need be. They sell flooring counters and cabinets. Good selection. I’m prob gonna use them for my cabinets here soon unless I find something better. If you need a cabinet installer let me know I’ve got a good one.

thanks don!

Hi BP community! Wondering if anyone in the Boise area have any recommendations on portfolio or community lenders in the area. TIA!

thanks everyone for the quick and awesome responses. I was hoping to not explain things more but apparently it will make things a little more clear. My wife bought our rental in 04 and for whatever reason was put into an ARM. It worked out great through the recession but now it's going up every year it will be at around 4.8 by end of year. This is actually better than what I could get refinancing it but it will keep increasing. The loan balance is less than what we would have to pay off on our primary residence to get it out of PMI. Wife wants to pay off PMI I want to pay off rental. I should include that we just bought our primary and we are in a market where it's seems that appreciation is out of control. Assuming this stays true for next couple of years my plan was to improve the primary residence and refinace in 2 years to get out of PMI. Sometimes I think I don't have to do much to home for value to increase its so hot right now. And the idea behind the rental is to hold on to it atleast until it makes sense to sell it.

Hello all! I have a rental property that has an ARM and a our current residence that has PMI. Question is do we pay down to get out of PMI or do we pay off the rental? PMI is about $90 and interest on rental is about $130 a month. My obvious thought is to pay off rental but just want to see why you all think and make sure I’m thinking about this right. Any other suggestions are great. TIA!

Do you currently have it listed or under contract? I would be potentially interested. Thanks

Hunter, I’m kinda in the same boat as you. If you want to meet up sometime just to talk shop or go to some networking events let me know. I’ve signed up for some wholesalers to get leads from and check craigslist for some leads. I agree to not do the fha route because of fees and also agree that you should be looking for something to put some sweat equity into. The problem is finding it. Considering the area I think you ahould be fine and gear towards appreciation instead of cash flow as long as it isn’t a huge loss. Get a credit card for expenses or get a loc for additional down payment if you have to have that property but remember it’s a business. Good luck

New to bigger pockets and love it!! Went pro and the wealth of knowledge is amazing! I do have one item on my wishlist...an upgraded app! Unless I'm missing something, does anyone else wish they had access to more things on the app? Seems like it is just for forums. TIA

Tim

Boise, Idaho