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Updated about 3 years ago on . Most recent reply

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25
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Tom Beckett
  • Real Estate Agent
  • Ogden, UT
8
Votes |
25
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Utah

Tom Beckett
  • Real Estate Agent
  • Ogden, UT
Posted

Anyone who has been looking in Salt Lake City and surrounding lately know that we have a crazy market right now. With Ogden and Salt Lake making the top 5 in the Nation for real estate its become increasingly difficult to see a property, make an offer and close the deal.
Dont be discouraged, after spending two weeks showing my daughter properties we were finally able to find the right seller, a good price and great location. There are still deals out there but it takes some work and motivation to find just the right deal.
Anyone else experiencing this same scenario?

Most Popular Reply

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1,337
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1,056
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William Hochstedler
  • Broker
  • Logan, UT
1,056
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1,337
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William Hochstedler
  • Broker
  • Logan, UT
Replied

@Jefferson Brown

Never trust numbers from a wholesaler.  Their job is not to help you with analysis and due diligence--that would be like trusting a seller's opinion of the value (and repairs).

I'd recommend going to the REIA (Real Estate Investors Association) meetings. They are filled with wholesalers of all levels. Get on as many lists as possible. You will quickly see who's sending you the deals.

Salt Lake REIA

Utah REIA

Utah Valley REIA

Northern Utah REIA

There are also a lot of agents at these meetings.  By the very fact that they are there, they are interested in working with investors.  I'd recommend engaging with one to help you vet deals.

Good luck!

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