Not so long ago (2006 to be specific), real estate investors rushed to Boise, Vegas, Phoenix, etc to buy up property. Budget friendly places? Yes. After looking into it, I discovered the goal was to buy and then sell in a year or two and harvest huge gains. Free money! These “investors” planned to rent […]
This past week, both home owners and property investors alike found a little gift in their mailbox… the 2018 Idaho Property Tax Assessment. These notices over the last six or eight years have soured each Memorial holiday without fail because values have been on a steady rise. For example, the year-over-year 2018 assessment increases in […]
For perhaps 6 months or more many agents have been describing (and lamenting) the investment-buyer challenges in the current market. Not much has changed since then, but we are seeing a bit more inventory in the residential income space. Yes, margins and cap rates continue to decline, and we’ve seen some rising interest rates too, […]
Tax professionals use the term “passive income” to describe real estate investment income because the theory is that it comes in without any work from you (similar to stock dividends). I’m not sure “passive” is the right word, because it sure doesn’t seem like it, but there are several passive elements to owning income property. […]
