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Updated almost 9 years ago on . Most recent reply
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Success in Utah?
Hi! My name is Aaron. I'm looking to connect with local investors in the greater Salt Lake City region of Utah. Who here is currently experiencing success with fix n flip or buy n hold?
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@Aaron Klein, @Tim G. The fix & flip market is tight, but the deals are still out there. Lots of people I know are having success with mailers and "driving for dollars." The MLS is dead for flips, but that may come back in a few months. I am currently helping my clients find Buy & Hold deals now, both single family and multi-family. I am finding 8%+ cap rates and 10% to 15% cash on cash ROI on a regular basis with all costs factored in. I am finding the best rental deals in Weber and Tooele counties right now.