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5 Talents Podcast - $200M in Construction Projects; How to Get Started with Real Estate Syndication

• Let’s get to know Shannon Robnett
  • 5 generations in the real estate 
• College is an option, not a be-all, and end-all

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Market growth history of Boise and Meridian

 Boise Summary

Year	Remarks
2020	The latest population estimates from the US Census Bureau show significant growth for the Boise area. The new data shows the Boise Metro Area stands as the eight-fastest growing area in the country.
	Future phases of the development include several additional buildings, including sites for drive-thru restaurants, a bank, general retail, and office sites. It sits adjacent to the Heron River housing development.
	All of these developments are due, partly at least, to the interstate.
2019	Boise, a boomtown by many measures, have felt the strain from the city’s recent success.
	You’ll find multiple locations for Orangetheory Fitness and Pure Barre, for example, along with many options for workouts like CrossFit and even Ninja Warrior training. After all, “Cowboy Ninja” Lance Pekus is from Idaho and has been known to make appearances at local fitness events!
	As for the city's other goal--broadening access to capital--in 2014, Boise-based startups closed eight venture capital deals totaling $18.4 million, according to PitchBook, a data and research company.
	The two possible developments are evidence that even as Boise attempts to turn away from 75 years of sprawl, it cannot stop developers from targeting neighboring jurisdictions that are eager for the extra tax dollars growth will bring — but perhaps naive about the long-term costs that have bedeviled Boise, Meridian and other cities.
2017	A new forecasting model developed by an Idaho Department of Labor regional economist with a math background suggests Idaho’s population will grow at three times the national rate between now and 2025 – and nearly all the new residents will be retirees moving to the state.
2016	Idaho tops nation in job growth for 2016
	Construction had been the fastest growing industry in Idaho, but it was surpassed by hospitality and leisure
2015	In real estate here in the Boise area, 2015 brought about many great things for both buyers and sellers. There were some stunning Boise luxury homes that quietly made their way off the open market and into the arms of new homeowners who are sure to enjoy some of the best pieces of real estate the Boise area has to offer.

Meridian Summary

Year	Remarks
2020	Downtown Meridian already has an urban renewal district, but it’s seen minimal private investment since it was established in 2002.
	In Meridian, Planning Division Manager Caleb Hood says service continues mostly as normal. In that city, city hall remains open, though leaders encourage online or phone options where possible.
2019	Meridian was ranked the seventh-fastest growing city in the country, with a total score of 73.76 out of 100 possible points. The only places ranked higher were Lehigh Acres, Florida; Mount Pleasant, South Carolina; Bend, Oregon; Enterprise, Nevada; Frisco, Texas; and Fort Myers, Florida. Nampa earned the No. 46 spot in the overall rankings, with 60.29 points, while Boise trailed far behind at No. 174 with 49.78 points.
	Meridian’s comprehensive plan hasn’t seen a major update since 2011, when the city had about three-quarters of its current population. The updated plan attempts to respond to that growth and Meridian’s transition to a more urban environment by including more high-density and mixed-use residential zoning plus more industrial zoning, and eliminating a rural/estate zoning designation.
	Members of the city council and Meridian Development Corporation voted to strike “in lieu of the charter school” from the contingency, reasoning that a charter school could generate revenue for the urban renewal project.
2018	Meridian was ranked the 10th fastest growing city in the nation at 4.7 percent growth in 2017, according to the U.S. Census Bureau’s population estimates released Thursday. That’s up from 13th in 2016, according to a release.
	Over the years, as Meridian grew, developers interested in Flower’s 95 acres of land came calling.
	Meridian's housing boom continues. The city issued almost 1,000 more residential permits in fiscal year 2018 than it did in all of fiscal year 2017.
2017	Meridian doesn’t have a homeless shelter. Residents who become homeless are likely to double up with another family or turn to Boise for shelter and services.

If you are interested to learn more about real estate investing and future properties investment opportunities, you may book a call @ https://calendly.com/shannonrobnett/15min!

Net-Worth equals your Network

Did you know that you don’t need to spend thousands of dollars for the best real estate investment conferences and networking events?

It’s easy as this: Net-Worth = Network!

But, I’m going to tell you something that I’m unapologetic about - this isn’t for everyone.

The truth is, there’s no such thing as a “perfect” system that will magically get you the results you want. If it was that easy then everyone would be doing it. We can tell you everything we know about how to build your real estate investing business, including how to:

Build passive cash flow with investing in real estate
Make money without even leaving your home
Use proven wealth building strategies
Create financial freedom for you and your family

But it’s up to YOU to make it happen.

People who succeed in this business, or anything else – face challenges along the way.

If you’re trying to accomplish something worthwhile, chances are you’re going to stumble and fall at some point. The question is, how are you going to deal with it?

That’s why continually educating yourself and building your network is so great: it’s like your GPS that shows you exactly where you need to go every step of the way.

When you have no road map, it’s easy to freak out and get frazzled the moment something doesn’t go according to plan.

On the other hand, someone with a solid guidance system never fears a bump in the road.

Shannon Robert Industries’ years of experience can help you all along the way. With the help of tools impacting your Financial Freedom

Now is a brilliant time to be investing in real estate but make sure you have the most current knowledge about the market so you can invest successfully.

So, what are you waiting for?

Click here for more information.

Why Invest in Commercial Real Estate in Boise, Idaho?

Successful real estate investment requires a delicate balance between the availability of opportunities (supply) and the desirability of the end development (demand). Boise, Idaho, and surrounding areas are uniquely posed as ideal locations for some of the nation’s best real estate markets.

Boise Is a Growing Commercial Real Estate Market

For the last few years, Forbes magazine has ranked Boise, Idaho, as one of the fastest growing cities in the United States. As Shannon Robnett Industries (SRI) has made many successful real estate syndication deals in the Boise area, we have also collected information on why this area is booming. Boise boasts the following:

The year 2020 began with a new record in price gains for Boise. The Boise housing market looked hotter than before with a supply hitting a two year low. The extreme shortage of existing homes and increasing share of new home sales drove prices up. 

A population of more than 730,000 people. (census.gov)Many people think of Idaho as entirely rural and remote. The Boise metro area, however, is quickly growing with many urban advantages while maintaining close ties to nature and rural areas. There’s open land available for ground up, multi-family investment property developments along with an already expanding population to fill them.

Every year Boise ranks on a slew of top 10 lists. The city has been placed among the best U.S. downtowns, the best city to raise a family, the healthiest, best place to retire, best place to be a doctor, a good spot for yogis and asthmatics, and yes -- Boise was even ranked among the top sexually active cities.

Job growth - With large employers like Amazon in the Treasure Valley, along with some of the state’s largest employers already being Boise-based job growth can sustain the population growth we rely on to support our syndication investments. They are also fast growing when it comes to career and workers partly because of employees working remotely. Read more about it in this article.

According to the Wall Street Journal, Boise is getting a lot of attention for their housing market, not just locally but nationally.

Idaho is a business-friendly state regarding taxes. Another way Idaho can sustain job growth is its attractive climate for small and large business expansion. Regulations are minimal, therefore also creating an environment where perfectly legal tax shelter investments are free to grow.

Want to know more where Idaho really stands out when it comes to health care, education, economy, infrastructure and more? Check out its rankings.

Why Boise is great place to retire - If you’re a young person looking for a fresh start, or you’re sick of spending your whole paycheck on rent in a big city, check out why Boise is the best place for you.

Boise is also booming when it comes to wellness, gone are the days for traditional gym and work out videos. In Boise you’ll find a lot of gym and workout varieties.

These are some reasons why the Boise metropolitan area will continue to be a real estate investment leader in coming years. (To learn more about the specific types of investments that Shannon Robnett Industries finances, see our Home page.

Reasons to Live and Work in Boise

Besides the tangible, numbers-driven benefits of investing in the Treasure Valley, there are plenty of less-tangible factors that contribute to an overall setting where good things are happening for businesses and for individuals in Idaho. These include:

Outdoor culture. Idahoans love getting outside for hiking, camping, skiing, watersports, and more. We enjoy experiencing all four seasons of Idaho weather.

Boise State University. Having a four-year university with postgraduate degrees in the city creates ample opportunities for education for the entire community.

Local arts scene. Boise is large enough to attract big-ticket music talents from Garth Brooks to KISS, but Boise is also small enough to support a burgeoning local music scene at venues like The Knitting Factory. The Boise Art Museum showcases local and traveling artists, and the Idaho Shakespeare Festival puts on a full repertoire of theater every summer.

Tight-knit community feeling. Boiseans pride themselves on being friendly. We don’t hesitate to smile at or offer help to strangers.

For more information on the largest cities in the Boise area, see the Chamber of Commerce web pages for The City of Boise, The City of Nampa [and The City of Meridian.

Shannon Robnett Industries (SRI) invests in Boise, Idaho, because we are proud to live in the area and excited to bring our expertise to one of the best areas to invest in real estate in today’s economy. Call 208-405-6176 or contact us here to learn more about becoming a real estate syndication partner with SRI & MVE and be one of our investors today!