All Forum Posts by: Brad McBride

Salt Lake is currently overpriced and very saturated. A lot of in migration from California. Probably better opportunities in Boise, ID or Scottsdale, AZ 

Hi Brock,

You need to make sure they are a licensed CPA. Your best bet is to contact the Utah Assocation of Certified Public Accountants (UACPA). They give referrals by specialty.

Please send me details.

As a newbie you should attend these clubs. This is the best way to meet people and start building pmyour network. Meeting people is critical to your success.

Different topics are discussed which may help you find your niche.

Attend all the clubs you can then you can decide which ones to join.

For the Sale Lake area rentals contact Steve Theobald at KeyRenters 

www.SuperSteveHomes.com

He monitors the SLC market and provides searchable spreadsheets of available rentals. Right now SLC is very competitive so you'll have to do some work to get 8% on A&B's But he can get you there, if anyone can.

Hi Preston,

Why don't you occupy the unit that is currently vacant, then give that tenant notice that as the new owner you are raising the rent to market? 

If he does not want to pay the increased amount he will leave in his own. Which is much simpler than an eviction.

If he does agree to the increase you've got a good long term tenant that always pays on time.

Contract James Marchant. He's a Salt Lake realtor that can get you in the right neighborhood.  All neighborhoods are accepting of all faiths. He can also help you get investment props whether you want rentals or flips.

That is an excellent strategy. Buy wholesale. A triplex just came available in Odgen.

Hi Taylor,

Salt Lake and Utah counties are extremely competitive so prices don't always give the spreads you would like. You should also look in your area. Logistically that would be easier for your first. Search thru BPs marketplace. Earlier this week I saw a nice wholesale opportunity in Wellsville. Also look for Weber,Rich and Box Elder counties esp around Bear Lake good place for short term rentals as is Eden and Liberty. Good luck!!

Hi Krystal,

I recommend Rulon Jorgensen. His office is in Cottonwood Heights. He is good for RE investors. Good luck