New Investor: Is it possible to cashflow in Utah right now?

[Ryan Lloyd]

I'm a new investor looking to get into the Utah market - most likely Davis/Weber county areas.  Wondering if current investors are just buying in order to get appreciation currently in Utah.  Numbers I am running on properties I evaluate show it's really difficult for rents to match up to the higher costs of property Utah has been experiencing.  What's the mindset of investors right now as to how they make it work in Utah?  Just a new guy trying to understand what I should be looking for in a potential investment currently and where to put my effort.  Thank in advance!

[Logan McKay Zylstra]

@Ryan Lloyd

Cash flow in Utah is pretty much nonexistent right now, unless you do major rehab or get a great deal.

The investors I’m working with are willing to float properties for the appreciation and wait for the rents in Utah to catch up in the next year or two.

Inflation seems to be everyone’s main concern right now. The logic is that it is better to own an appreciating asset than have you money losing value literally everyday in your bank account.

I believe strongly in our market, but if you are looking for cash flow specifically I would explore other markets.