Getting into Utah Real Estate

[Aaron Ormiston]

Hi All!

My name is Aaron Ormiston -- I'm a small business owner with a background in marketing and branding. I currently work as the Director of HR at a skilled nursing facility in Utah while moonlighting my small business on the side. I have always loved real estate and am looking to build a multi-family investment portfolio as a method of re-investing some of the money I make through my business ventures. My short term goal is to start flipping to magnify an initial investment of $150,000 before delving straight into multi-family units. My longer-term goal is to own 200 multi-family units. I am also very interested in the BRRR strategy and would love to hear any success stories/warnings about using this strategy to buy rentals from the Utah community.

I'm a little wary about getting into the Utah Valley market because of current prices and competition and have been looking at buying up some properties in the Weber County/Davis County areas because prices seem more manageable. I'd really appreciate any advice anyone has on this front!

Please reach out to me -- I'd love to see how I can add value to anyone's projects. I'm especially willing to lend a hand with web development, graphic design, and any internet marketing needs you may have!

[Bryce Young]

Hey Aaron! I'm envious of your marketing background. That will definitely help with generating leads for good deals.

I'm also from Provo and have some background in web development. I'd like to learn more about internet marketing. I'll message you and maybe we can meet up to chat.

In my experience, properties do sell quickly in Utah Valley. However, there are always opportunities that aren't on the MLS if you look hard enough. "Driving for dollars" has been one of my favorite methods. I have found some vacant or distressed properties this way.

@Kammon Hiatt and I are also interested in BRRR. Perhaps we could benefit from learning about it together.