All Forum Posts by: Brian Ewell

Thanks for the article Michael. I won't be buying in Vegas.

Thanks James. Developing a trusted team is probably the most important step.

I live in Salt Lake and have found it hard to come across a deal where the numbers work. I have started looking in places outside my area, but I'm concerned that because I'm so far away I won't be able to make the right decisions when problems come up. 

In Salt Lake a 4 plex is about $350K to $400K and in Las Vegas it's about $200K. Rents are a little higher in Salt Lake but not much. 

Has anyone bought and rented in areas outside of their home area? How did you do it?

I have a full time job and can't just leave for a few days when I am needed.

I would get a better bang for my buck it this area, but I'm unfamiliar with it. I would need a good/trusted property manager etc.

What are some good action steps to do this?

Thanks,

It took some time, but I did find out how to do this online. 

I just went to the county assessors and found the code for multifamily properties and searched by code. All of the properties came up. 

There is also a link to find out the address of the owner to see if it is different from the property address.

Thanks for all of your help.

Good luck in all you do!

Thanks Bryn,

Do you know if you can do that online? If not, I will go down there. 

This is a great way to find where they are.  Do you drive by these and see which ones are run down and try to contact the owner to see if they want to sell?

Thanks for the info.

Brian

 Byron,

That is a great idea. I think that it is the same around here too. 

Thanks for the suggestion.

Thanks Seth,

When I search 10 N Poe 

2 Names came up, yours and SHOOK, KEVIN & TINA.

I guess their address is 104 N Poe. 

Ok. Awesome.

Thanks

Brian

 Thanks Seth,

Where do you get the tax info online?

Your awesome Charlie! Thanks!

That would be great if you could set up a hot sheet for me. How do I do that?

Brian 

Thanks George.

I put a posting on Craigslist for multi family properties, but didn't think about checking the rental listings. I will do that. Thanks for the info.

Gino, 

Thanks for your input. 

I don't have access to the MLS, but will look into finding brokers on loop net. I think that looking at the zoning of the neighborhoods is a great idea too. Thanks

Jake, 

Thanks for the info.

Driving for dollars probably isn't the best way to find off market multi family properties. My next step is calling/visiting local property management companies to see if they know of anyone that is looking to sell. Possibly out of state owners or owners that have had evictions.