Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

5
Posts
7
Votes
Kathryn Smith
7
Votes |
5
Posts

How to find the right market for BRRR? Currently in Utah

Kathryn Smith
Posted

Hello, first post here!

Hoping to get some advice on how to choose a market to begin real estate investing? I currently own a home in Provo, UT. I live upstairs and rent out my basement. I am ready to take steps to purchase a second property, but wondering if the Utah market is too hot right now. Homes are being sold for 10's of thousands in cash over market value. I'd like to stay here, but wondering if it might just be the WRONG time to purchase here. It might make more sense to move somewhere else. How do you find the best markets for investing? Or any insight into if the Utah market is still possible for what I want to do?

I have about $20K in cash and about $100K equity in my home to work with. I would like to do BRRR with another duplex somewhere in Utah. I am fully committed to really getting started with REI and ready to hustle for the next few years to make it happen, even if that means moving somewhere else. Any advice would be great!

Loading replies...