Sunday, March 25, 2012

BREIC The Mike Dietz Real Estate Team news & picks 3-25-12

 
Hello there,
 
Spring has sprung!    I have 150 different varieties of Dahlias potted and beginning to sprout in my little greenhouse.  Some of my tubers didn't do so well over the winter but I'm hopeful that they will Pop and be ready to plant in the ground May 15th.  We have had some interesting General Meetings, some great discussions, and fantastic food from Ray the Handyman.  The next meeting on April 3rd will be another winner.  The Real Estate market is heating up beginning with the lower priced market.  Properties have several offers in just a few days.  It can be quite frustrating for Buyers.  One of the hottest areas for entry level homes are the Columbia Village area of SE Boise.  Our team is going door to door seeking Sellers for our list of Buyers.  The Multi Family is not being left out of the fun either.  There are slim pickings in the MLS for 4-Plexes.  The newest member of our team is Kirk MacAllister.  He joined us and Silvercreek last week.  Kirk is very knowledgeable and along with Alex Dietz and Robby Reinhardt the team will take good care of you and your investment desires.  Our Property Management has been busy, operating at 100% capacity for some time.  I've heard that we will have the Hobby Shop at 3410 C Targee open sometime in April.  Support the BREIC and sign up (prorated) for the balance of 2012.  Thanks for allowing us to assist you with your investing and supporting the BREIC for over ten years. 
 
MLS# 98476775  SW Caldwell Duplex  2001 E Maple  $85,000  2 units 2 BR 1 BA each.  This is a short sale so make a deal!  Built in 1937 with 1907 SF.  Actual rents total $900.  Maria Jones of the BREIC has this property for sale.  Call Maria or any of the Members of the Mike Dietz Real Estate Team.
 
Single Family West Boise, 13118 W Satinleaf Drive.  $108,000  HUD home so the owner occupant does get a head start.  3 BR 2 BA  1159 SF.  Bids first round due 4-2-12.  It appears to have a moisture problem in the crawl space so their might be an opening for an investor who has the ability to correct such a problem.  Built in 2002.  Have a Team Member keep an eye on this one until Investor bids are accepted by HUD.
 
Single Family West Boise, 6408 W Post Street.  $120,000,  2 BR  2 BA  1015 SF..  Value in the .35 acres, containing 5 lots.  House built in 1941.  This property is not restricted to owner occupied and is a Short Sale so have a Team Member assist you with the possibilities that this property has to offer.
 
See you at the April General Meeting!
 
Thanks,
 


Richard (Mike) Dietz Realtor GRI 208-866-4041
Alex Dietz Daughter Realtor 208-949-8601
Robby Reinhardt Realtor 208-703-7604
Kirk Mac Realtor 208-949-8601
Silvercreek Realty Group Member
Property Management Services
BREIC www.BoiseRealEstateInvestmentClub.blogspot.com
WE love referrals!

Tuesday, March 6, 2012

BREIC Mike Dietz Real Estate Team news & picks 3-6-12


Fellow RE Investors,
 
This is the day!  Our Vendor Fair consumes our March General Meeting at 6 PM to about 7:30 PM  1099 S Wells  Eagle exit North side of Hwy 84 west of Eagle Rd.  This is the meeting when you begin to or add to your investment team!  We will have many of the trades people and skilled support people that you might need to keep your investment machine well oiled and firing on all eight cylinders.  On top of that the worlds most famous Handyman Ray Reinhardt will be serving ROAST BEAST.  If you do anything at least come for the BEAST.  The market has indeed picked up.  We have several clients that have been out bid and outright run over by the amount of ready buyers.  Homes under $150,000 have been going in one or two days and some have more than ten offers.  If you were ever going to jump in now is the time.  Multi family is still a bargain if you watch your numbers, and commercial is a slumbering giant.  Single Family is seeing the early action.  Give the Mike Dietz Real Estate Team a call and put Alex, Robby,and myself to work!  Don't miss the next bubble!
 
We will see you tonight,
 
Thanks,
 


Richard (Mike) Dietz Realtor GRI 208-866-4041
Alex Dietz Daughter Realtor 208-949-8601
Robby Reinhardt Realtor 208-703-7604
Silvercreek Realty Group Member
Property Management Services
BREIC www.BoiseRealEstateInvestmentClub.blogspot.com
WE love referrals!