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Updated 11 months ago, 02/17/2024
New to Investing in Real Estate
Hi, I'm Jennifer from Utah.
- 🌎 For my first property I would like to buy a place for my parents, they are lifelong renters, and on a fixed income. So it's a challenge so far, but I think this year we will get them a place.
- 💫 I would like to buy my first investment property this year, to offset my husbands W2 income, using the professional real estate status. I'm looking in Salt Lake and Utah County, or possibly North Carolina, I like it there. Utah is a hard market for long term single family rentals to cash flow, so it's been difficult so far.
- 🏠 I got interested this last year after my parents had to move again from their rental, as the owners decided to sell. I started researching ways to buy homes less traditionally, and different loan programs for elderly, since they do not qualify for a mortgage with their DTI. So I activated my real estate license and jumped in looking and comping. I had previously in the mid 2000's been a casual realtor for my local growing city.
I'm excited to learn and start investing in Real Estate!