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Updated about 5 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
Christine Knapp-Phillips
  • Carlsbad, CA
3
Votes |
4
Posts

Widowed, Homeless Nomad....New to RE investing

Christine Knapp-Phillips
  • Carlsbad, CA
Posted

Currently a nomad in Orange County, and looking to relocate since CA seems expensive for a newbie.  I sold home, liquidated estate and sitting on equity from 92677 sell.  Close to debt free.  No children, just a 4 legged companion.  

Looking for feedback, wisdom as I am new to the BP community and as I navigate this next chapter. I am inspired by the BP videos and resources available here, and look forward to learning. Looking to BRRRR on multi's or house hack in a more affordable area. Not sure where....

Just arrived back from 45036 (Ohio).  Not sure if that will be my next landing, still exploring.  I have family in Utah, 84414 some who are expressing some interest in real estate investing too, but I have not been there in a decade, but initial search is showing some depressed areas, but high crime areas.  

Need to learn the evaluation process, bought the subscription for the calculators.  Lots to learn, but wanted to share and introduce myself.  

Most Popular Reply

User Stats

14
Posts
7
Votes
Andrew Gammon
  • Real Estate Agent
  • Salt Lake City, UT
7
Votes |
14
Posts
Andrew Gammon
  • Real Estate Agent
  • Salt Lake City, UT
Replied

@Christine Knapp-Phillips

Welcome! Here are some things to know about the Utah market. Right now inventory is very low, so the market is super competitive for buyers, especially if you are looking at it from an investment standpoint. In addition to that you would have to come up with some savy ways to make the number work, but it certainly can be done.

On the flip side of that though Utah market stays consistently strong. Even through the last recession Utah didn’t get hit as hard as other markets. So if you are looking for long term equity and longevity Utah can definitely be your place.

If you have anymore question feel free to reach out! Good luck to you and your journeys!

- Andrew

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