All Forum Posts by: David MIchelsen

@Becca Summers

I'm using a HELOC as my down payment. I've been mostly looking at condos and townhouses and it's overwhelming at times cause there's so many and are very inflated.

Any suggestions for a property management company on South Jordan, Utah that manages condos?

@Meredith Burt

Yes I have! I’ve watched a bunch of the webinars with Brandon and he usually goes through an analysis in each one of those presentations.

@Amy Nordeen Golf

Yeah I hear ya! I just went through 8 deals today and about 2% roi on all of them.

I have analyzed 20-30 properties across Utah and Salt Lake Counties. I feel like I am analyzing these properties wrong, because I haven't been able to find anything with a decent ROI. I can find some cash flow in the properties but the ROI is so low. Is it better in the current market to be looking for BRRRRs rather than Rent-as properties? I would love some direction on how to do this better. As a note this is my first time in real estate investing, so this would be my first purchase.

For example this property, https://www.utahrealestate.com... I can only seem to get about 2-3 ROI with $100 cash flow. Is this accurate or am I up in the night? I only post this listed for example, not trying to push this or anything. 

I would really like some direction with this. I would like to invest locally since i live in UT but I don't really know what to do. Any direction and help would be great.