Welcome to Boise Investment Properties
We are invested. We are not only invested in our client’s success, but we are also invested in the Boise rental market. That’s right, we are real estate investors too.
Boise Investment Properties is a team with Swope Investment Properties that specializes in the purchase and sale of income properties; such as duplexes, triplexes, four plexes, and small apartments. Swope Investment Properties is the #1 Residential Income Property brokerage in Boise. Home sales agents with the big brokerages don’t have the technical and financial expertise to sell investment properties.
Let us show you the tools needed to help buy the right investment property or how to maximize the sales price of your rental.
This morning, we were forwarded an article, written by Catie Clark with the Idaho Business Review, titled Boise's fast-growing rents still a bargain. Like many of you, the title got my attention. I also really liked how she summarized the data, which I used in my own little brief summary below.
Having numbers, what do they tell us? Both studies compared their rents for September 2019 vs. September 2020. Apartment List calculated an annual increase of 5.5% while Advisor Smith calculated 8.6%. Basically, the numbers tell us that rents in Boise went up. This is not a surprise.
The Apartment List rent growth for the nation was only 1.4% for two-bedroom units, so prices are going up in Boise a lot faster than elsewhere.
Compared to median rent for the whole country of $1,106, Boise’s median two-bedroom rent of $1...