How to Identify a Great Rental Property in Idaho Falls
MP4•Episode home
Manage episode 151123767 series 1016958
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Buying an Idaho Falls home? Search all homes for sale
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Whenever you're looking for a solid investment property, the first thing to look at is the curb appeal. Large, mature trees, and vinyl siding are examples of things that make a home more appealing to potential buyers.
We took a look at a HUD-owned property here in Idaho Falls recently that was listed for $78,000. After some new carpet and flooring, Jared estimates that he could have the property ready for about $5,000-$7,000. In total, if you were to purchase this home, you would be in for about $85,000 and could rent out the property for $850 per month. The return on your investment would be 1% per month, which is a pretty nice return!
Now is a great time to try to scoop up a great, low-priced investment property. If you would like professional assistance, or if you have any real estate questions at all, give me a call or shoot me a quick email. I would love to hear from you!
16 episodes