Investor Agent in Utah

[Nikki Jacob]

Hi, I'm looking for a real estate agent who specializes in helping investors in Utah. We are looking to buy some properties in or around St George/ Southern Utah. Thanks!

[Ryan Moyer]

Just be careful to note that STR restrictions are EXTREMELY tight in that area. St George only has specific areas where you can STR and you can NOT self manage in those areas. Each neighborhood has pre-assigned property managers that take 30% of gross revenue and given that they have a government imposed monopoly on that neighborhood they don't exactly have the best motivation to do a great job. It's not like they have to win your business.

Towns a little outside of St George have more lax regulations but still strict by national standards. Hurricane is the next biggest rental market and the waiting list for a permit there is at least a decade. La Verkin and Toquerville are more doable but come with their own significant hoops you will have to jump through as well (Toquerville you have to live there locally to get an STR permit, for instance).

Scott Whittaker is the realtor we used when we looked in the area. He has a lot of STR specific knowledge and has a few rental properties himself so he understands the regulations. We ended up buying on the other side of Zion due to all the regulations around the greater St George area but he did a great job for us when we were looking in the St George area. I actually still get automated emails from him on a list he set up for new MLS listing that only sends me the properties in the area that can be STR'd and self managed (of which there are very few).

Scott Whittaker - 801-550-5976

I'm happy to chat about the area if you like because, even though we don't own there, we spent about a year looking and got pretty close.  Desert Colors is a new AWESOME looking development that has popped up since we moved on but, again, I believe you're stuck using a pre-assigned property manager there that will take 30% off the top and it ain't exactly cheap to buy in.