When you’re a wanderer at heart, you don’t expect to suddenly see yourself putting down roots. I have spent most of my life traveling and certainly didn’t expect to want to settle down anytime soon, if at all. But once I moved to Coeur d’Alene for what I thought would be a one- to two-year stay, it didn’t take long before I realized I could be perfectly content here. I relocated to this beautiful little city in 2014 from the Midwest and, quite frankly, I’ve never looked back. I’m still living in the same snug little basement apartment I obtained when I first moved here, which is much smaller than my old dwellings in the Midwest, but I don’t regret it for an instant. This town is gorgeous year-round, and I’m often able to bike to work in relative safety all the way to Sherman Ave., the heart of Downtown Coeur d’Alene, during all but the very coldest months of the year (and there are some die-hard cyclists who ride their bikes everywhere even then).
My goal is to invest in real estate here, and since I’ve experienced no shortage of job opportunities in this area and in Spokane, saving money and preparing for a big investment has proven to be much easier than I ever would have expected. I’m not there yet, as real estate in Coeur d’Alene is rather expensive, but I know it’s going to be worth it because the value of property here only continues to grow, so any investment I make will be worth it in the long run.
Coeur d’Alene is the perfect place for several types of real estate property investments, especially residential and commercial rental properties. Because I come from a long line of do-it-yourself handymen, I’m not afraid to invest in a dump and put a little sweat and blood into flipping it into a dream home, and Coeur d’Alene has no shortage of the cutest little homes near downtown that are just in need of some TLC. There’s also a lot of beautiful acreage both within and outside of the city limits, which is perfect for hobby farmers and animal enthusiasts (of which I am proudly both).
Once I find that perfect piece of real estate for all my needs, I’ll always have somewhere to come back to after a long hiking trip or a stint in Europe (I’ve done both and almost always feels the itch to do either one again). Coeur d’Alene is the perfect place to invest in rental properties because if I make the right investment, it will pay off in the long-run and I’ll be able to make my money work for me. That’s the plan, anyway. And if my experiences so far have been any indication, I have no doubt that Coeur d’Alene will deliver.Read More