Investment

Mike Brown Group's blog covers all the latest information on Boise investment real estate and property opportunities. We cover it all, from duplexes to high rises, and help for first-time investors to tips for seasoned pros.

Learn how to save money, stay smart and make the most of your home investments with our experienced team.

Found 13 blog entries about Investment.

 Nighttime view of downtown Boise from the Train DepotPhoto Credit: iStock.com/Joecho-16

A recent study, discovered on Realtor.com, shows wealthy home buyers are looking for homes away from more widely-known affluent and glamorous areas. Forget about Los Angeles, New York, or even Miami. Boise finds itself on a list that shows it as the top location for housing interest from the nation's richest 1%. The City of Trees is “a budding metropolis for affordable luxury,” according to the report. 

Remarks included with the report stated, “The surprise has been the expansion of the affluent sector into mid-sized markets.” It continued, “Part of this is due to wealth migration from higher-tax states to lower-tax states.”

The Boise area has seen a busy real estate market the past several years with droves of

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Ask a Realtor Graphic

When buying (or selling) a home, it's a good idea to have a home inspection done to make sure there aren't any costly surprises lurking in the house. Most buyers require a home inspection and can make the sale contingent upon the findings. At its core, a home inspection is a protection that prevents new homeowners from uncovering a problem with the house that will need fixing or replaced. 

Every state has different requirements for home inspectors, and Idaho doesn't require home inspectors to have any formal training or certifications. As a result, using an inspection company that is a member of the American Society of Home Inspectors can provide peace of mind about the professionalism of the home inspector. You can also rely on referrals from

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Interior Design Trends that are out

With the dawn of a new decade, it’s time to usher in a stream of creative design ideas for your interior spaces. In our previous article, we detailed some of the new interior design trends for 2020. In this post, we’re going to take a walk down memory lane, bidding adieu to trends that are “out” for this year. Between the two articles, hopefully, you’ll find inspiration for your own space, whether it’s an existing home or a brand-new home.

Subway Tile

Kitchen with subway tile
Photo Credit: iStock.com/in4mal

Subway Tile backsplashes and accents in kitchens and baths were all the rage last decade. And for that reason, people are looking for other tile options as Subway Tile was overseen and overused.

Arches 

Archway in a home
Photo: iStock.com/yenwen

While the golden arches of

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Have you thought about investing in real estate? The real estate market across the country, including Boise, is growing stronger each quarter. Boise also happens to be a popular city with plenty to offer those who want to call it home, including employment opportunities, a strong environment for startup businesses, and a safe place to raise a family. Because of the area’s popularity, it should not be difficult to rent out the investment property. However, you do need to consider a few things before you make your investment.

Can You Handle the Expense and the Time Commitment?

Do you have the money to invest in a property and make sure it is rentable in a short time? The cost of buying a property is only part of the expense. You also

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When you are searching for a great new apartment, the last thing on your mind is likely going to be dealing with con artists. No one wants to become the victim of a rental scam, but these things do happen all too often. People like the idea of finding a good place and getting the hunt over with as soon as possible. This can lead them to becoming a victim if they aren’t careful. Those who are overly excited about getting a new place, those who need a place fast, and those who might have some financial issues are generally the ones who are in the greatest danger simply because they don’t take the time to question those deals that seem too good to be true.

Let’s look at some ways that you can be more diligent and avoid these problems before you become a

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Forbes Magazine recently named Boise as their fifth pick in the top ten cities to live in and raise a family nation-wide. And why not? Boise has a good balance between income and cost of living, great schools, not much crime, and beautiful scenery. Here are some of the reasons people love living in Boise.

Affordable

Reals estate prices in Boise are reasonable. You can buy more house for less money than you would in many other areas. For that matter, almost everything that you need or want to purchase is less expensive in Boise.

Friendly

Boise residents are typically courteous, helpful and outgoing. There’s also a great sense of community spirit.

Education

Schools at all levels are very good, and students can earn college credits in high

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If you’re thinking of attending an open house, there are a few things to keep in mind, especially if you’re serious about buying. However, even if you’re only attending because you’ve always wanted to see the inside of Neighbor Bob’s place, you should still be prepared. Although you wouldn’t think of a new home as an impulse buy, it’s been known to happen.

Can I Bring My Own Agent to an Open House?

You can bring your agent. Of course, the common rules of etiquette apply. Introduce your agent to the hosting agent – “I’m pleased to meet you, Danny, and I’d like you to meet my agent, Sophie.” If you have an agent but he or she is not able to attend, you should tell the hosting agent. Realtors are supposed to ask you if you’re already working with an

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If you own business or investment property and want to reduce or eliminate the amount of capital gains tax that you will pay on the sale of your property, you should consider the benefits of participating in a tax-deferred 1031 exchange.

  1. How long do I have to identify replacement property?
    The replacement properties must be identified within 45 days after the sale of the relinquished property. This requirement is strictly enforced and no extensions are possible. Identification must be in writing, signed and dated and received by the Title Company no later than 45 days after the sale of relinquished property. Replacement property must be identified unambiguously. Usually, either a legal description or a mailing address is sufficient.
  2. How long do
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10. Boise City-Nampa, Idaho

Pop.: 606,376
Actual Home Price: $168,061
Equilibrium Home Price: $190,616
Difference: -12%
3-year Growth Forecast: 37%

Average Home Price: $168,061
This home: $168,000
Stats: 3 bed, 2 full bath , 1,300 sqft

What to Expect from Boise Idaho Real Estate Investments

 

Today’s high demand for Boise, Idaho property, combined with low interest rates, has created a market that may be tempting for real estate investors. Real estate investing has always been a popular venture, being historically viewed as a great low-risk investment. Before you make the decision to invest in Boise real estate, be sure to keep the following information in mind.

 

Renters and Investors Face Competition

 

With many people competing for properties in Boise, this

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