Starting Up in Northern Utah

[Will Harnish]

My wife and I are currently walking through investment properties in Ogden, Utah for our first rental property. We are looking forward to learning from the community.

[William Hochstedler]

@Will Harnish

My advice would be to have all your financial ducks in a row and wait for the right property to come up.  After you've seen enough properties to understand how condition affects price, you should have a good enough sense of the market to make offers before even getting to the property.  In this market, particularly in tenant occupied units, if you wait to see them it will be too late.

If you're shopping in Ogden, you will also need to be a bit handy with deferred maintenance (or know someone who is) because the vast majority these properties will have some issues.