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Updated about 8 years ago,
New member from Utah
I've got a couple of rental properties, they perform well and I'm super happy with them. I bought them when I came across a decent amount of money a few years ago. I knew I shouldn't buy a fancy car that will lose value, and I knew if it was in the bank I'd slowly spend it on fine dining and not working hard enough during college, so I put the money into some rentals. It was 2009 and then again in 2012, so both have appreciated quite a bit. I want to do more investing, and am in process of learning how to do different kinds of deals that don't require money, since I don't have much liquid cash, and deals that can make good chunks of cash so I can go and buy more rentals. Mainly, my focus right now is learning to wholesale, which I'm learning may be difficult in Utah, and perhaps doing some flips, all as a way to buy more rentals. Help in the wholesaling arena is much appreciated! What contracts to use, certain title companies that know how to make it work, etc.