All Forum Posts by: David Brown

Thanks Becca for the contact information.  I'd like to start building relationships with a couple different portfolio lenders.  If anyone else has contacts and would like to jump in that would be great!

I am looking to do a portfolio loan for my residential rentals.  I have spoken with some of the smaller banks/credit unions but would like to hear feedback from the Utah group.  Any positive/negative recommendations on individuals or institutions you have worked with?

Cash is King! Personally I would hold on to the cash as a liquid asset.  Nice to have it for emergency repairs, vacancies, other investments or any number of other opportunities/problems.

@chun fai tsoi  Chun, I'm with you! We would like to do bigger projects than what we are looking at right now too.  Just have to increase that cash flow even more.

Just joined today!

I have a few residential properties and one smaller commercial property.

I'm considering a commercial purchase around 17,000 sf North of SLC.  That I intend to re-purpose as office/co-working space.  I would like to get references and/or have some conversations about who everyone here is using for this type of work(framing, electrical, plumbing, finish work). As well as where everyone gets amazing deals on bulk materials(lumber, flooring, furniture and other fixtures.)

We'll be handling telecommunications(phone systems, fiber optics/cat5 cabling, video and networking infrastructure)in house, but anything else you think might be missing from my list or any other advice you want to throw my way would be appreciated!

Thanks!