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Updated over 4 years ago, 05/14/2020
Utah Current Market: Rent As Is vs BRRRRs
I have analyzed 20-30 properties across Utah and Salt Lake Counties. I feel like I am analyzing these properties wrong, because I haven't been able to find anything with a decent ROI. I can find some cash flow in the properties but the ROI is so low. Is it better in the current market to be looking for BRRRRs rather than Rent-as properties? I would love some direction on how to do this better. As a note this is my first time in real estate investing, so this would be my first purchase.
For example this property, https://www.utahrealestate.com... I can only seem to get about 2-3 ROI with $100 cash flow. Is this accurate or am I up in the night? I only post this listed for example, not trying to push this or anything.
I would really like some direction with this. I would like to invest locally since i live in UT but I don't really know what to do. Any direction and help would be great.