Vineyard, Utah Outlook

[Tiffany Bishop]

I am a newbie investor.  I am curious what more seasoned investors think of investing in Vineyard, Utah.  Should I be worried about potential bad smells, mosquitoes, the possibility of the lake ever rising again (not sure if that is really something to be worried about though)?  Or is it the hot place to invest right now and I should be looking at it more seriously?

[Becca Summers]

Tiffany I've helped a few people buying Vineyard and the mosquitoes really aren't that bad. Before you buy a property your lender will do a search to make sure it's not in the flood plain and if it is in a flood plain you have to have flood insurance so if it was in a flood plain that would be the risk of the lake rising. My clients who personally purchased out there have not bought property within a flood plain and needed flood insurance.

Vineyard is a very hot place right now my concern investing there personally would be how many investment properties are going up. However that could just be because the demand in that area is so high but I feel like Orem is full of condos and townhomes for rent. 

Are you looking at a single family or multi?