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Updated over 5 years ago on . Most recent reply
Recently moved to Park City
Hi there! I recently moved to Park City and would love to build connections with other real estate investors in the area.
Seems like rents are extremely cheap in SLC. How does anyone get cashflow out of anything? Seems tough. Vacation rentals seems more feasible, but the purchase price is pretty prohibitive in most cases up in PC. Out near the junction might have potential as there are some cheaper places...
How are you guys investing? Do you invest locally, or are you looking to other markets for better cashflow?
Most Popular Reply
The best way to find deals, get to know different locations, and make contacts, is definitely through the REIA and their luncheons. There are probably 10-12 opportunities every month to learn or network. SLREIA, UVREIA, Utah REIA, Wasatch REIA, Northern Utah REIA. There are also more formal, paid, educational opportunities around town. Salt Lake's luncheon is this friday at the Denny's on 5th south. Check out their website
Jeff