All Forum Posts by: Tracy Ross

The VA loan is a great program. If you can make that work I think it's worth it. But keep in mind if you find something that needs fixed up there are some restrictions the VA will place on the seller and that can make it hard to get an offer accepted sometimes.

I agree with @Chris Seveney. And potentially look into hiring a real estate attorney who can at first send a letter to the contractor threatening to file suit. If that doesn't get him moving then at least you have someone on retainer in case you need to follow through. 

I'm here in Boise, ID and almost all agents use Supra! It's fantastic! It ensures only licensed real estate agents are accessing the home and it keep a log of their information on entry and exit (which is great security if the home is vacant) It's also a great tool for follow up with agents on a listing! Also- they are LITERALLY nearly impossible to break into. 

This is the best and most informative post I have seen in a while. While there's a ton of useful information and networking through bigger pockets I feel like this particular post is speaking directly to me. ;)

I love Taco's. Do you think this is a sentiment shared by all investors?

Boise Realtor here! Thank for sharing this but I think it's funny when you say "time to sell in Boise" From what I am seeing we saw HUGE growth in 2020-2022 (and even before then we were making top 10 best place to live lists for a decade) Our market has held strong around $530-$550k average home price for the last two years even with rates doubling. I am currently seeing multiple offers, lower on market time and high confidence in our market. I personally think it's the best time to buy in Boise because I don't think our prices will ever be lower than they are now. We have HUGE companies in the tech sector investing billions here and Idaho being a red/landlord friendly state is still causing a lot of migration from west coast states. 

If rates do go down this year I think we are prime for another explosion. 

What is your future income stream on the newer duplexes? Also, can you offset the negative cashflow with depreciation and tax write off's? I think newly built multi-families is something I would want to hold onto for future earning potential. 

Have you ever looked into the dumpster "bags" if they have those in your area? They are usually a lot more cost effective. 

I just saw a case of an A class home built in 2019 have horrible mold from the fridge line and the occupant got incredibly sick. I think the risks outweigh the benefits here. 

 YES! Idaho is a very landlord friendly state. East Idaho is beautiful and also seeing a lot of growth!

This is great step by step advise! Thank you for sharing!