The Real Deal Blog

Local Rental Market - Listen to an Expert

Welcome to The Real Deal!  Join Jared Cozby and Marc Banner in the KBOI studio for a discussion of all things real estate.  What is the state of the rental market?  How does it compare to last year, and what does it mean?  Marc breaks down the local rental statistics to give you an inside look at the world of rentals.  Also, having trouble selling your home?  Marc and Jared explain Seller/Owner Financing and how it can work for you.  Start listening now.

Click here to listen:

 

Buy a Duplex for $45,000!

Did you know that you can buy a duplex for just $45,000 in Idaho's Treasure Valley?

We are looking at a unique time in the history of real estate.  You can buy a property that produces more than $900 a month income for just $45,000.  If you do the math, that is one heck of a return on investment and that doesn't even include appreciation and the tax benefits.

About the Property:
-Sold for $149,000 in 2007
-Used to rent for $600+ per unit
-Currently rents for around $500 per unit, but I estimated $450 in the ROI Analysis
-Bank has dropped their price from $72,000

Click here to see New and Old Listings of the property

I am really excited about what we investors can purchase and earn in the new market.  In this example, I show the investor paying cash for the property, which makes the most sense at the low purchase price.  If you don't have that much cash on hand to invest, you can also consider using your 401K or IRA to purchase the property, which is a cool way to leverage your retirement accounts.

To jump on deals like this, just give me or Jared a call at 208-287-6589

Mike Turner
Turner Real Estate Group
208-287-6589

  Welcome to The Real Deal!  Join me and my wife, Amanda, in the KBOI studio as we give you LESSONS FROM NOVICE INVESTORS.  Learn from our mistakes….we will revisit our experiences; the heartaches, the surprises, and the joys.  Are you really ready for a fixer upper?  Can you handle managing your own properties?  Let us tell you what NOT to do…..start listening now.

Click here to listen now

                                             or click -------> to go directly to my podcast    

Mike Turner Radio Show Host
Top Idaho Real Estate Broker
Broker of Turner Real Estate Group
Mike@TurnerAgents.com
http://www.Turner-Homes.com

REPO in Eagle - Back on the Market

I really like this house.  Click on the photo to see new and old listing photos.  Home has its own private dock!  Last time on the market, there were 6 offers and it was bid up over $420,000.  It is worth it, I believe.  The home has been vacant now for a while so it needs some TLC, and it only has 3 bedrooms...but, if I could, I would buy this home.  You get waterfront, views of the mountain, an acre plus lot, private beach and dock, gated community, with a quality built home.  I can show it anytime.  Located in a flood plain, so home insurance will be about $600 more per year.  Call ASAP at 340-8399.

Mike Turner
Turner Real Estate Group
7978 W. Fairview Avenue
Boise, ID 83704
208-287-6549

Eagle Luxury Home

Check out this new bank owned home in Eagle!

New REO (Bank Owned Home) in Eagle.  I saw this home when it was listed for $900,000 six months ago.  Home was originally priced at 1.26 million!  Now it's $699,000.

Large family home in a great suburb in Eagle, Idaho.  The lot is 1 acre and home has been listed as a Bank Owned Foreclosure.  Click on the photo to see the new and old listings. 

Call me ASAP if you want to look at it!  My cell is 208-340-8399 or the office at 208-287-6589.

 

 

 

Mike Turner
Luxury Home Specialist
Turner Real Estate Group

Looking for Part Time Work?

The Turner Group is looking to fill a part time position.

This is NOT a real estate agent position; this is an outside sales position selling advertising space for our Radio Show and Newspaper.  We are looking to hire 1-2 part time sales professionals to help with B to B sales and advertising.  Pay is commission based.  No experience necessary, but past sales experience preferred.

Candidate will have the ability to make their own schedule.  Work as little as 3-5 hours a week, with potential to make over $1,000 a month. Some training will be provided. Good secondary job to earn some extra income and to get sales experience for your resume.

If interested, submit resume to Kristine@TurnerAgents.com

Eagle Foreclosure Tour - This Saturday - August 21st

We are hosting a special educational home tour this Saturday, August 21st at 10:00am.

During the tour, you'll be able to walk through 5 foreclosed or short sale homes in EAGLE.  They are priced between $300,000 and $750,000.  We will simply meet a the first home and then caravan from home to home.  The educational tour should finish in about 90-120 minutes.

This special tour is a great way for you to learn more about the foreclosure market because you'll be able to see and evaluate each home inside and out.  You'll even be able to have all of your questions answered by a foreclosure specialist.

At the first home, you'll receive a special educational foreclosure tour packet which will include the following:
1.  Details on each home included in the tour.
2.  A map, in case you get stranded from the caravan.
3.  A summary of the real estate market statistics including recent comparable home sales, the average length of time it takes to sell a home today and the average selling prices of homes in the area.

This is a no pressure, no sales pitch educational tour.  Our goal is to simply help you learn about the current foreclosure opportunities available.  You might even find that buying a foreclosed home isn't for you.

Each tour is limited to 10 because the caravan process becomes challenging with more attendees.  Tour spaces will be given on a first-come, first-served basis.

To register for this special educational tour, call our office at 208-287-6589.

If you are one of the first 10 to register, we will contact you with the address of the first home on the tour.

Best Boise Fourplex Deal

Awesome 4 plex in Boise.

Will not last 48 hours on market hurry!
Last Sold For $427,000 in 2006 - NOW 220K!!
Watch Video and follow link for more details.

CLICK photo of the complex FOR DETAILS

Awesome Cashflow Potenial. CALL ME ASAP - will be gone by Monday!

I AM WORKING THIS WEEKEND - CALL 340-8399

Mike Turner - CashFlowBoise.com
http://theRealDealBlog.com

Two New Short Sales in Eagle

Two NEW short sales in Eagle, both are priced to sell and will not last!  Eagle's Luxury inventory is REALLY low right now and these properties will go fast. 

CLICK HERE FOR MORE INFORMATION

As always, please give us a call to get more information or to schedule a viewing of these properties!

Call us at 208-287-6589

Amazing View - SE Boise

Here is a new short sale on the market.  Great location in SE Boise with no rear neighbors and great views.  This property is priced to sell!

CLICK HERE TO VIEW THE DETAILS.

Call Jared to schedule a showing, 208-287-6589.

Thanks and happy hunting!