All Forum Posts by: Caleb Ryan

If you're house-hacking I wouldn't be too worried about positive cash flow. I did my first one a few years ago and it was nice to have most of the mortgage paid for by my tenants. You'll still have expenses, but you'll be living much cheaper than going into a home on your own. 

If you can save money by having someone else pay most of your mortgage and have the appreciation in this market, you'll be sitting on a good amount of equity in the next couple of years. Then you'll have way more flexibility to invest in different ways when that time comes.

Hey Mitchell, 

My team and I hold a meetup every Wednesday night at 7:00pm in Salt Lake. Let me know if you're interested in attending.

I would be careful, especially if this is your first investment property. I would always purchase based on the numbers, and make sure you have multiple exit strategies in mind. Maybe look at purchasing as a primary residence with an FHA loan, and house hack if possible.

It sounds like you are on the right track! And I wish I started investing when I was as young as you are. My advice would be to join as many facebook investing groups as you can for you local area. Start asking questions, and make connections with as many people as you can on there. Relationships are truly what gets you ahead in this world. You'll also be able to find local meetups through these facebook groups, and attending those will help you meet new people as well. Best of luck! Househacking a small multi-family property is an amazing strategy to start out with!

Cameron, 

We are always looking for homes like this to purchase. I'd love to look at it with you and see if we can make something happen. Not sure if you would be open to a seller finance option or not? Let me know. 

I would reccomend joining all your local REI facebook groups and start talking to people. See what kinds of properties people are looking for, and ask them what make it a deal for them. I would do my best to just start building relationship with them to where they can trust you. Learn to run your numbers in a way that makes it a good deal for the end buyer and you'll naturally build a large list.

Hey Tyler,

Welcome to BP! I work with a team of investors that hold weekly meetings up in Salt Lake if you'd like to join. We are realtors and investors and would love to help you out any way we can.

Hi David,

Welcome to the Investing community! Getting started can be hard. I was listening to podcasts and reading books for about a year before I felt comfortable taking any action. I think the biggest thing that has helped me is getting around people who have already been in the game for quite some time. It's amazing what experience can teach! I actually work with a team of investors here in Utah and we would love to connect with you and work together. Give me a call or message me back here to connect! I look forward to talking with you.

Hi Eldon,

Very nice to meet you! I'm glad you've returned and giving the investing game a second chance. Navigating this world alone can be very challenging and scary. If you'd like, I can introduce you to my partners and hook you up with all the resources we have at our disposal. We are currently doing fix & flips, wholesales, and rental properties here in Utah. Feel free to reach out to me whenever you can!

Hi Steven! My team and I hold a meetup every Wednesday up in Salt Lake. I'd love to connect!