Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Utah Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Hua Zhang
  • New to Real Estate
  • South Jordan
2
Votes |
6
Posts

It seems that 1% or 2% rule doesn't really apply in SLC area.

Hua Zhang
  • New to Real Estate
  • South Jordan
Posted

Hi all, I am new to BP as a newbie investor. I have been screening deals on MLS for over 200 listings and it seems it is mission impossible to find a deal that is even close to 1% rule. Any thoughts, folks?

Most Popular Reply

User Stats

44
Posts
20
Votes
Justin Munk
  • Logan, UT
20
Votes |
44
Posts
Justin Munk
  • Logan, UT
Replied

I am an investor in Utah. I quickly realized that the price point in Utah was not favorable. I have moved on to other markets in the mid-west. Even Southern Idaho has some potential. Grab David Green's book on Long-Distance Real Estate Investing. @David Greene He will build your confidence in going to other markets.  I signed contracts on two properties in the mid-west last week and I owe a lot of that to that book. It is totally possible. 

  • Justin Munk
  • Loading replies...