I think with Boise in particular, and the pacific Northwest in general, positive cashflow is difficult to achieve, especially for an out of state investor since the market is so competitive.Even with boots on the ground, cash flowing properties seem to be a unicorn even when purchasing for 70 cents on the dollar.One opportunity for cashflow in Boise is the ADU play -- new regulations make it more conducive and returns can be 10%+ cash on cash for a property in the right neighborhood.- Kole

@Christian Licata I realized I wasn’t going to get anywhere just sitting on the sidelines and so I spent several weeks analyzing my target market and ended up choosing a SFH that was in a great location.

Make sure all parties know the jurisdictions that you need permits/approvals with, and whatever duration you think it will take to achieve permits, probably add 50%.  

At some point you have to accept that your first attempt may not be perfect, but if you set some guidelines and narrow your focus down to something that's achievable you should be on your way pretty quickly.

I'm looking to pull a list of all multifamily property owners in my town, specifically targeting properties with 2 to 50 units.

After refinancing we were able to achieve $628 per month.

I’ve seen firsthand how house hacking can be a powerful strategy for building cash flow and wealth, especially in multi-family properties like the 4-plex you’re targeting.

Understanding the target market for short-term rentals is crucial to achieving high occupancy and maximizing returns.

What can you say the course helped you achieve?

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