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.
We’ve tracked the Ada County, which includes the cities of: Boise, Eagle, Meridian, Kuna, and Star, fourplex metrics for 17 years now and it’s something we look forward to sharing each month, because they are so telling.
Each metric has a purpose and each trendline helps tell a greater story about the overall market. Unlike the other metrics, Gross Rent Multiplier (GRM) is a good "first look" formula to apply. It is the ratio of sales price to gross rents. Anyone can multiply the gross monthly rent times the multiplier. If gross monthly rents are $5,000 per month and the multiplier is 200, a ballpark value is $1,000,000.
This month, we’re focusing on Gross Rent Multiplier (GRM) and the incomplete messages it may be sending. At a glance at the rising GR...