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Updated almost 5 years ago on . Most recent reply

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Eylan Dilworth
  • Rental Property Investor
  • Midvale, UT
3
Votes |
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New investor NEED HELP

Eylan Dilworth
  • Rental Property Investor
  • Midvale, UT
Posted

A little background on me, I have been constantly learning and trying to improve myself for about the last year towards real estate. My ultimate goal is to be a landlord and maybe the occasional house flip. Currently I have 10k saved and about 3-4 grand in stocks that has been fluctuating as of late. I would like to purchase my first property at the start of 2021 a little after the holidays. I currently live in Salt Lake City Utah and would like to invest in either Ogden or salt lake area.

My question is the slc and Ogden area are great and have fantastic potential to my minimal knowledge but what are some of the best areas to invest in the entire US right now? I would like to not be stuck here my whole life. Any tips on where I should go from here? Maybe good cities to look into? I’m a big outdoorsy person and have been looking into the Florida area possibly. Is Utah an amazing place to invest and I can stay here without too many concerns. Any input is appreciated!

Most Popular Reply

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28,047
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41,040
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,040
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28,047
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I think the best place to start would be the market you know best. That could be where you live or someplace you've lived in the past but still know really well.

But that's just location. There are good deals and bad deals in every market so you've got to really know the market and see what constitutes a good investment for you and your goals.

Utah should be fine to start with but I couldn't tell you which city to consider.

  • Nathan Gesner
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