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Updated almost 9 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Aaron Klein
  • Real Estate Investor
  • Seattle, WA
5
Votes |
27
Posts

Success in Utah?

Aaron Klein
  • Real Estate Investor
  • Seattle, WA
Posted

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?

Most Popular Reply

User Stats

131
Posts
143
Votes
Steve Theobald
  • Real Estate Broker
  • Salt Lake City, UT
143
Votes |
131
Posts
Steve Theobald
  • Real Estate Broker
  • Salt Lake City, UT
Replied

@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.

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