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Updated over 3 years ago on . Most recent reply

Alexis Malan's profile image
Alexis Malan's profile image
Alexis Malan
  • Rental Property Investor
  • Member since Jul 16, 2021
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Alexis Malan's profile image
Alexis Malan's profile image
Alexis Malan
  • Rental Property Investor
  • Member since Jul 16, 2021
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Alexis Malan
  • Rental Property Investor
1
Votes |
11
Posts
Short-Term & Vacation Rental Discussions

Utah Valley STR, profitable?

Alexis Malan
  • Rental Property Investor
Posted

Hey everyone! I was wondering if any of you have experience with AirBnB type properties in the Utah Valley (Orem/Provo) area? What is the occupancy rate year round? Is it smart to invest in?

A little bit of a separate question: Have any of you had luck with rental arbitration in Utah Valley? Would you recommend that avenue in general?

Thanks!

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Jefferson Brown's profile image
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Jefferson Brown
  • Investor
  • from South Jordan, UT
  • Member since Oct 28, 2016
  • Posts 89
  • Votes 72
  • Experience 6 Yrs
  • Investments 2
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Jefferson Brown's profile image
Jefferson Brown's profile image
Jefferson Brown
  • Investor
  • from South Jordan, UT
  • Member since Oct 28, 2016
  • Posts 89
  • Votes 72
  • Experience 6 Yrs
  • Investments 2
Connect
Jefferson Brown
  • Investor
  • South Jordan, UT
72
Votes |
89
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Jefferson Brown
  • Investor
  • South Jordan, UT
Replied

Hey Alexis!

I'm in Pleasant Grove!  Our properties are in Florida and we manage them remotely.  Utah valley hasn't popped up in our profitability analysis before but if you're looking to estimate revenue I recommend going to Pricelabs and buying one of their market dashboards.  Its $9.99 for a month of data and it can estimate pretty well how much revenue each size of home makes.  Just cancel it after one month and its totally worth the investment.  Happy researching!

Jeff

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