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All Forum Posts by: Alison Kovac

Alison Kovac has started 3 posts and replied 17 times.

Post: Cedar City, UT Looking For a Start

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

You could contact property managers in the area and offer services thru them.

Post: Cedar City, UT Looking For a Start

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

you could start going to the SUREIA meetimgs in St George. (Southern Utah Real Estate Investor Association)

I have not been able to go the last few months bc of travel -- i think they meet over lunch, it used to be in the evening. 

Post: Cedar City, UT Looking For a Start

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

I'm in cedar. I wish I would have read this a month ago! I still need cabinets

Post: Need Property Manager In Oregon City Oregon

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

We have a house in Oregon City that hasn't sold in 5 months. The tenants just moved out, we are thinking we will rent it again and then fix it up in the spring to sell. Looking for a property manager in the area, as I live in Utah. 

Any leads appreciated.

Post: Newbie not sure if I should invest out of area

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

Btw when we were looking at properties in Ephraim, nearly ALL the owners lived in Salt Lake, Provo, Stg, Vegas--- rarely did we find an investor who owned and lived in Ephraim. Just a thought--

Post: Newbie not sure if I should invest out of area

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

We've been happy with cedar. We started buying properties in cedar when we lived in Ephraim, about 2.5 hours away. It is kind of rough, but who doesn't enjoy a tax deductible trip to southern Utah 1 or 2 times a month?? 

We eventually moved here 2 years ago. And to be honest, it seemed easier when I didn't live so close. When we lived further away I hired more things out (cleaning, yard care, small repairs)

I have a great prop manager lined up for when I'm ready to fire myself from managing. 

I wanted to invest in Ephraim when we lived there (half the size of Price) -- husband thought it was too small a market. But so many people rent -- I think it would have been ok especially bc we lived there. 

Good luck!!! St George is an awesome market if you can get in at the right price. We have one place there and it does quite well. 

Post: Sourthern Utah Real Estate Investors Meetup

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

I'm in Cedar!! We go to SUTREIA in stg!! And get an in n out burger and possibly hit Costco 😊

3Rd wed 6pm and I can't remember the address, over by Dixie tech!!

Post: Starting out in Cedar City

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

Hi Tony!! Cedar has been a great market for us. We have a handful of units. I've got a few realators who have been great at finding investment properties. Another option is a prop manager I work with, he is of course trying to get your business or at least loyalty. But he finds tired landlords in the hopes of taking over management and sometimes the owner wants to sell. There is also a REIA that meets in st George once a month, I think it is the 3rd Wednesday. You will find good deals there. Let's get on touch and I can give you these contacts.

Post: Make Money on the Buy or Save Money?

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

SWAT team?? Thanks so much for the responses!! We are closing on the 196 today and we're also getting the townhome!! We love Cedar, it has been a great place for us to invest (partly because the big UT investors tend to stay in SLC or Provo, and to the south is ST George/ Vegas so the bigger investors don't come to Cedar as much).  Prices are going up though. A couple of years ago we were able to snatch up foreclosures in mint condition, but now it's a bit more difficult. Still, the rents are great and the home prices are lower than in other areas. @Shaun Hunt, feel like meeting up in Cedar, swap ideas about the area? We haven't had any problems keeping our places in cedar full. Haven't missed more than one week of rents. 

Post: Make Money on the Buy or Save Money?

Alison KovacPosted
  • Investor
  • Cedar City, UT
  • Posts 17
  • Votes 7

We are relocating to Cedar City, UT where my husband has a new job at the college. We already have a few properties there so the move makes sense. We have been looking for a small-ish property we could snatch up to live in while we decide on a house for our family. We found two we really like and here's the question. Prop #1: comps are at 225k, we can get it for 196k, cash buy, Rents at 1200/month, zero fix ups needed. Prop #2: Smaller townhome, comps at 139k, we can get it at 137 (owners won't go lower) cash buy, rents 1000/month zero fix ups, has HOA $75.

So the question is should we make nearly 30k on the buy or should we save 50k and get a smaller (just as nice) property?

Thanks for any ideas/ suggestions!!