Friday, October 15, 2010

Available New Paint and Carpet, Low Price of $119,900. 1682 sqft in Boise, $59/ft



Instant Home Owner Equity- 4534 S Skyridge, Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell Yesterday! Pre bubble value. And a super low price after installing all new paint and carpet.

This House
Year Assessed Value Sold on MLS
2010 $130,800
2008 $178,700
2006 $159,800 $175,900
2004 $133,400 $129,990

Your price: $119,900. That's $10,000 less than it sold for in 2004 which was before prices ran up during the real estate bubble! And now it has all new carpet and updated two tone paint throughout the house.

Easy to rent - $950/month
It's located in a good subdivision just off of Amity and Cloverdale, so getting traffic to see the rental would be really easy. It would fill up fast.


House Specifics:
1682 sqft
3 bed 2.5 bath
2 car garage
.18 acre lot
Built in 2006

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

4534 S Skyridge, Boise, ID




Available - Best deal in the subdivision EVER! Both by overall price and price per sqft



Investor Special or Instant Home Owner Equity- 5478 S Morrow Ave., Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell Yesterday! Prep bubble value
Cheapest house to EVER sell in the entire Subdivision!

This House
Year Assessed Value Sold on MLS
2010 $ 124,200
2008 $ 192,700
2006 $ 163,200 $ 179,990

Your price: $100,800. That almost $27,000 less than the cheapest house to ever sell in this subdivision! That was 5477 Morrow and it sold for $127,500 earlier this year. At this price it's just $67 per square foot! And it has brand new carpet throughout the house. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
The house is rent ready, tenants could move in today. There is new carpet and new paint already installed throughout the house. The back yard could use some attention, but nothing that needs to be done before someone were to move in. It's really in great shape.

Easy to rent - $1195/month - 9.8% Cap Rate after expenses
Located in a great subdivision. Click the link below for Rent Comps:
http://www.finestexpert.com/investment-property/For-Sale/5478%20morrow,%20boise,%20id
So it should rent for $1,195/month, and on a lease option you certainly could ask for more.

$400/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow $400/month after setting aside $75/month in planned maintenance and repairs.

House Specifics:
1502 sqft
3 bed 2 bath
2 car garage
.14 acre lot
Built in 2006

Best Deal Ever
Remember this is by far the best price on a house in this subdivision ever! Take advantage and make a great investment.

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

5478 S Morrow Ave




Available - Boise 2/1 SFH for just $62,400, sold in 2003 for $91,900



Investor Special - 3112 Bryson Ave, Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell 'yesterday' - Pre 2000 value

This House
Year Assessed Value Sold on MLS
2010 $107,100
2008 $149,800
2006 $ 103,000
2003 $ 88,600 $91,900
2000 $ 76,700

Buy the best value in the area. In a 1 mile circle around this address, this is the lowest price for any house that has sold in all of this year! It is really a great price. The house at 3064 Bryson, just two doors to the south sold last month (Sept. of 2010) for $89,900! And it was a Bank owned foreclosure with 3 beds and 1 bath, but just a 1 car garage!

Your price: $62,400. That is more than $29,500 less than it sold for in 2003 which was before the real estate bubble when prices got too inflated, and $27,500 less than the house on the same street that just sold last month. That's even pre 2000 nominal values (based on the assessment, which up until 2006-2007 was almost always lower than actual market value) and if you were to adjust for inflation it would be even cheaper. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
Cosmetic fixes only. This is a great little 2 bed 1 bath house that just needs new floor coverings and paint. There is a large two car garage and good sized back yard. It would be really easy to rent on a quiet street right off of Ustick. Or buy it now while the market is down, fix it up and sell it in a couple of years for a great return.

House Specifics:
930 sqft
2 bed 1 bath
2 car garage
.16 acre lot
Built in 1982

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

3112 N Bryson Ave., Boise, ID 83713




Available - 2168 sqft for a $657 mortgage in Boise!?



1990 W Panama St., Boise, ID
Buy with Instant Equity, you make your money when you buy. Or keep it as a rental and cash flow from day 1!
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell Yesterday! Pre year 200 value-
$47 per square foot in Boise! That's well below replacement cost, and it has brand new carpet.

This House
Year Assessed Value Sold on MLS
2010 $145,000
2007 $200,600 $185,000
2004 $128,900
2002 $121000 $117,900
2000 $116,000

Your price: $102,060. That's less than what it sold for 8 years ago, which was way before the bubble prices, and now it's been updated and has new carpet. If you were to adjust for inflation, $117,900 in 2002 dollars is like $139,800 today. So adjusted for inflation, you're actually getting a $37,000 discount to what it sold for 8 years ago. Any way you slice it, it's just $47 per square foot, and it's really in great condition with brand new carpet throughout the house. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
The house is rent ready, tenants could move in today. It has a lot of space and a great yard with an attached 1 car garage, and a detached 2 car garage at the back of the property.

Easy to rent - $1010/month - 8% Cap Rate after expenses
This would make an excellent cash flow property at this price, and that cap rate includes $75 a month for planned maintenance, taxes, and insurance. Click below for Rent Comps:
http://www.finestexpert.com/investment-property/For-Sale/1990%20panama,%20boise,%20id
If you were to do a lease option or rent to own, you could certainly get more per month.

$250/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow $250/month from the very first month you put in a renter.

Super low Mortgage Payment - $657/mo
Or, if you were to buy this property as your house, you could take advantage of super low interest rates, like 4.5% and with just a 5% down payment, your total mortgage payment would be about $657/month.

Principal and Interest: $367
Taxes: $208
Insurance: $82 (including private mortgage insurance for a down payment under 20%)

House Specifics:
2138 sqft
4 bed 2 bath
3 car garage (1 attached and 2 car detached)
.19 acre lot
Built in 1976, but renovated and in great shape

A lot of house for the money. At $47/foot you are buying this house for literally less than it would cost to build it, and that's if you got the lot for free! This really is a steal of a price and it won't last long, so call now!

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

1990 W Panama St., Boise, ID



Thursday, October 14, 2010

Crazy Price $52 per foot in Boise. Rent Ready Cash Cow

Investor Special or Instant Home Owner Equity- 11815 W Dickens Dr., Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell Yesterday! Pre year 2000 value!
$52 per square foot in Boise! That's well below replacement cost, and it's on .38 acres.

This House
Year Assessed Value
2010 $124,900
2008 $180,200
2006 $162,300
2003 $117,900
2000 $104,700

Your price: $83,160. That over $21,000 less than it was worth 10 years ago! And those are nominal dollars, if you adjust for inflation, paying $83,160 now would be like paying $67,400 for it back in the year 2000. That's a huge discount. At this price it's just $52 per square foot! And it has brand new carpet throughout the house. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
The house is rent ready, tenants could move in today. There is new carpet already installed throughout the house. The yard attention, but there's nothing that needs to be done before someone were to move in. It's really in great shape.

Easy to rent - $1095/month - 10.6% Cap Rate after expenses
This would make an excellent cash flow property at this price, and that cap rate includes $75 a month for planned maintenance, taxes, insurance, and 5% vacancy per year. Click below for Rent Comps:
http://www.finestexpert.com/investment-property/For-Sale/11815%20dickens,%20boise,%20id
If you were to do a lease option or rent to own, you could ask for more.

$397/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow just shy of $400/month. $400 on something that rents for just $1,095!? That's a cash cow.

House Specifics:
1574 sqft
4 bed 2 bath
2 car garage
Large .38 acre lot
Built in 1995

A lot of house for the money. At $52/foot you are buying this house for literally less than it would cost to build it, and that's if you got the .38 acre lot for free! This really is a steal of a price and it won't last long, so call now!

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

11815 W Dickens Dr







Wednesday, September 22, 2010

SOLD - Starter Home Investment, or Cash Flow Now

8423 W Pamela St., Garden City, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell 'yesterday' - Pre 2000 value

This House Assessed
Year Sold on MLS Value
2010 $ 134,500
2008 $ 162,400
2006 $ 168,000 $ 124,900
2003 $ 105,345 $ 95,800
2000 $ 87,200

Your price: $81,900. That is more than $23,000 less than it sold for in 2003 which was before the real estate bubble when prices got too inflated. That's even pre 2000 nominal values (based on the assessment, which up until 2006-2007 was almost always lower than actual market value) and if you were to adjust for inflation it would be even cheaper. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
The house is rent ready, tenants could move in today. There is new carpet and new paint already installed throughout the house. There are a few little things that could be fixed, mostly in the garage and outside, but nothing that needs to be done before someone were to move in. It's really in great shape.

Easy to rent - $850/month - 8% Cap Rate after expenses
Located just off State St., west of Glenwood, this house is in an excellent subdivision. It benefits from being in a very nice neighborhood very close to the Boise River and being one of the smaller houses in a very desirable location. Click the link below for Rent Comps:
http://www.finestexpert.com/rental-property/For-Rent/8423%20pamela,%20garden%20city,%20id
Even though this site says to ask $900/month, we'll be conservative and say $850 since the house down the street is asking that much. Maybe you can get more, on a lease option you certainly could ask for more.

$200/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow $200/month after setting aside $50/month in planned maintenance and repairs. Again, if you can get more than $850/mo it's even better.

House Specifics:
998 sqft
3 bed 2 bath
2 car garage
.114 acre lot
Built in 1996

Cheaper than you can buy off the MLS
This house was listed on the MLS at $99,900. You can't buy a house like this, in this good of condition, off the MLS for a 20% discount. At this price the house is just $82/sqft.

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934




Wednesday, September 8, 2010

SOLD - Cash Flow from Day 1, or Move In with Instant Equity

Investor Special - 7887 W Mojave Dr, Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell 'yesterday' - Pre 2000 value
7887 W Mojave Dr, Boise, ID
Year Assessed Value Sold on MLS
2010 $ 107,300
2007 $ 158,300
2004 $ 99,000 $ 115,000
2000 $ 85,300


Your price: $72,450. That's pre 2000 nominal values, and if you were to adjust for inflation it would be even cheaper. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
Cosmetic fixes only. The house is in good condition. It just needs carpet, paint and some landscaping to be rent ready.

Easy to rent - $850/month - 9.82% Cap Rate after expenses
On Mojave Dr just west of Cole and Indian Lakes Golf Club. It's a great size and price range for a rental.

Click Here For Rent Comps.

The data show the rent range to be $850-$900/mo. We'll stay at $850 to get it rented fast (and with new paint and carpet you can bet it will rent fast).

$300/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow $300/month after setting aside $60/month in planned maintenance and repairs.

House Specifics:
1024 sqft
3 bed 1.75 bath (one full bath and another with a shower but no tub)
2 car garage
.15 acre lot (77x87 or 6700sqft)
Built in 1988

Cheaper than you can buy off the MLS
This house was listed on the MLS at $99,900. You can't buy a house like this off the MLS for 72 cents on the dollar. At this price the house is just $70.75/sqft. In a 0.6 miles radius search around the house for any other sold comp that is a 3 bed 2 bath under 1500 sqft, the cheapest sold price per foot on the MLS sold for $71.79 on May 4th, 2009. A house that sold for $85,000 that was 1184sqft. That is also the cheapest overall sold price. Even houses selling in 2001, way before the bubble were selling for $82-$86/foot on the low end.

No back neighbors
The house backs up to Silver Sage Elementary for a nice un obstructed view and pleasant location and environment.

Repair Estimates
We are getting bids from our sub-contractors now, but total repairs will be under $5000 to get it rent ready. Here are our initial estimates:

$1,750.00: Flooring- All new carpet and pad, plus vinyl throughout the house, installed
$1,300: Paint- Full two tone interior paint including ceilings
$1,250: Landscaping- sod in front seed in back
$500: Other miscellaneous/handyman work
$4,800: Total

Call Today and put your money to work for you!
Jon: 407.9546
Blake: 921.5934

7887 W Mojave Dr., Boise, ID