New BP Member from Sale Lake City, Utah

New BP Member from Sale Lake City, Utah

Washington DC · Member since 2019 · 4 posts · 5 votes

Hi BP Community,

I'd like to introduce myself as I'm new to Bigger Pockets and Real Estate investing. I'm an active duty military officer (Air Force) currently based in Washington State. However I will be moving to the Salt Lake City, Ogden area of Utah in a few months. I've worked hard over the last year to save up a good amount of money to be able to buy my first property. While saving, I've also spent quite a bit of time learning – mainly podcasts and a lot of reading. With my move to Utah coming up I feel like I'm financially ready and incredibly excited to jump into real estate investing! I'm looking to house hack either a SFH or MFH and possibly using FHA or VA loan. Because of where my work is located I'm interested in properties located anywhere from Salt Lake City all the way up to Ogden. As I prepare for my move and continue to learn about real estate I would really like to:

  • - connect with investors and real estate agents in the Salt Lake City/Ogden area
  • - learn about any meetups taking place in that area that I can attend
  • - any advice/recommendations the BP community may have for a new newbie or investing in Utah

Thank you all for your time! I’m very excited to get more involved with the BP community and real estate and learn from everyone on here and hopefully along the way be able to help some people myself!

Armando

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Craig CurelopBusiness Member
Real Estate Agent · Post Falls, ID · Member since 2016 · 1k+ posts · 1k+ votes
6y

Hi @Armando Kraynick. Welcome to BiggerPockets!

I am glad that you have found BP community! A lot more information and resources are available in BiggerPockets site, just keep searching and connecting with other successful members around. I am giving you some of my tips/insights as you have start up REI journey:

        1. Subscribe to the BiggerPockets Money and Rookie Podcasts

        2. Attend the FREE WEBINARS

        3. Attend a Meetup in Your Area

        4. Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

        5. Peruse the forums! Ask questions! Answer Questions!

Good luck in your future RE investments! Keep safe and see you around!

Best regards,

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  • Craig CurelopBusiness Member
    Real Estate Agent · Post Falls, ID · Member since 2016 · 1k+ posts · 1k+ votes
    6y

    Hi @Armando Kraynick. Welcome to BiggerPockets!

    I am glad that you have found BP community! A lot more information and resources are available in BiggerPockets site, just keep searching and connecting with other successful members around. I am giving you some of my tips/insights as you have start up REI journey:

            1. Subscribe to the BiggerPockets Money and Rookie Podcasts

            2. Attend the FREE WEBINARS

            3. Attend a Meetup in Your Area

            4. Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

            5. Peruse the forums! Ask questions! Answer Questions!

    Good luck in your future RE investments! Keep safe and see you around!

    Best regards,

  • Rental Property Investor · Elizabethtown, KY · Member since 2020 · 15 posts · 4 votes
    6y

    @Armando Kraynick. I'm Army here in SLC. I just got here as well. Send me a message and we can chat.

  • Realtor · Ogden, UT · Member since 2019 · 7 posts · 3 votes
    6y

    @Armando Kraynick Hey! I'm an investor (soon to be agent) from Ogden. I've lived here my whole life and am familiar with all areas (now working in the greater SLC area). Feel free to get in contact and I'd be happy to give input on whatever areas you're looking at!

  • Rental Property Investor · Elizabethtown, KY · Member since 2020 · 15 posts · 4 votes
    6y

    @Armando Kraynick

    @will

  • Justin WindhamPro Member
    Banker · Nationwide · Member since 2015 · 4k+ posts · 1k+ votes
    6y

    @Armando Kraynick

    Welcome to Bigger Pockets!

    This is a great place to learn and network. A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

    Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/pro

    If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/

    The site has quite a few tools that can be helpful for new members. I like the search features: https://www.biggerpockets.com/search

  • Rental Property Investor · Norman, OK · Member since 2018 · 43 posts · 23 votes
    6y

    @Armando Kraynick, welcome! You sound well prepared to jump in. I'm looking forward to following along on your journey.

  • Washington DC · Member since 2019 · 4 posts · 5 votes
    6y

    Thanks for all the feedback and advice guys! @Josh Jensen @Tristan Young looking forward to connecting with you guys.

  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    6y

    Welcome to BP Armando!

  • Realtor · Minneapolis MN · Member since 2018 · 84 posts · 61 votes
    6y

    Hi Armando, Welcome to BP and The Salt Lake Valley! Will you be at Hill Air Force Base? If you're looking to buy in Ogden there are some great opportunities at a much lower purchase price than Salt Lake City. Rents are also lower though.

    House hacking is a great strategy! I'm doing it myself! I've been analyzing multi units in Ogden for another client, so I'd be happy to show you what's currently happening locally. When do you arrive?

  • Investor · Salt Lake City, UT · Member since 2020 · 7 posts · 2 votes
    6y

    Hey man, thank you for your service, from the LEO side of the coin. I'm new to the investing world, too, and am also in the SLC area. Hope to see you have great success!

  • Washington DC · Member since 2019 · 4 posts · 5 votes
    6y

    @Andy Jenkins I will be working at Hill AFB yes so I'm open to looking at markets anywhere from Ogden to Salt Lake City (don't mind commuting a bit). Thanks for your service as well @Jacob Barker, looks like we'll be starting this journey at the same time!

  • New to Real Estate · Toledo, OH · Member since 2018 · 13 posts · 2 votes
    6y

    @Armando Kraynick Hey man, I'm also moving out to Hill in a few months so hopefully I'll see you out there. I'm active duty Air Force too and I'm looking to grow my portfolio out there. Send me a message and we can chat. 

  • New to Real Estate · Toledo, OH · Member since 2018 · 13 posts · 2 votes
    6y

    @Andy Jenkins 

    Hey Andy,I have a purchase contract for a new build townhome that my agent sent over to me because I'll be moving to Hill AFB in late summer. I had my attorney look it over but he's not familiar with Utah real estate laws. Could you point me in the right direction of someone that could just do a quick review of the purchase contract and let me know if it is standard? 

  • Realtor · Minneapolis MN · Member since 2018 · 84 posts · 61 votes
    6y

    Hi Mitchell, Utah has a pretty standard REPC (Real Estate Purchase Contract), but most builders have their own version of it. It’s usually written by their attorney to protect their interests, as the standard one is pretty good for buyers! Send me a PM and we can see what the situation entails. I’m NOT an attorney, and NOT qualified to give legal advice. I can let you know if there are differences from the standard form.

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