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Updated over 3 years ago on . Most recent reply
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Any tips for first time real estate investing in Utah?
Any tips for first time real estate investing in utah? Everything is just so expensive I've been considering out of state investing but I'm not sure if I should for my first time purchase. (I make about 40k a year and have pretty good credit, and my wife is still building a clientele with personal training and nutrition)
I really wanna get like a duplex or quad but starting out I can only seem to find 500k. I feel like I wouldn't be able to get renters in unless I pushed it out to like a 50 year loan lol.
Any advice or real estate investors in the area wanna give me some tips would be great! Help me out of the rat race 😅
Most Popular Reply
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Thomas,
Coming from someone who lives in UT but does 100% of cashflow in KC now. I would only get a fraction of the success in UT. Everything is so overpriced/expensive in comparison when it comes to cashflow which is what I do. If you ever have any interest in OOS investing and have questions feel free to PM me and best of luck!