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Updated over 6 years ago,
Real Estate investments in Utah
Hi,
I live in California, I recently visited Salt lake city, UT and was amazed to see how SLC has so much of housing & infra development going on. Is this a bubble or economy is growing in Utah?
I'm looking for SFH/Townhouse investments for both rental and future appreciation.
a. Would like to know if people would generally prefer renting SFH or Town house
b. Potential for good property appreciation & rentals in locations (closer to Lehi,UT seems like silicon valley of Utah ?? ) : like areas around Bluffdale, Riverton seems desirable to families.
c. Is it good to buy a townhouse in Lehi and expect a good rate of return as well as good rental compared to other areas ? Please suggest.
Also Please suggest good Property managers who are good to work with. Also how much would be a typical % fee for PMs.
Thx, Vinoth