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All Forum Posts by: Danny Szczotka

Danny Szczotka has started 3 posts and replied 5 times.

Post: Is Salt Lake still a hot market?

Danny SzczotkaPosted
  • Salt Lake City, UT
  • Posts 5
  • Votes 0

Hi All,

Salt Lake area has been hot for the last few years, are any of you starting to see that slow down recently? Seems like properties are purposely being overpriced and end up sitting on the market longer. Does anyone concur?

Thanks all for your responses. 

@Fred Heller It is a SFR, and I don't mind coordinating work and doing minor fixes. This will probably save ~$100/month so it sounds like a good idea.

@Derek Faller Those are good questions to figure out. I'll be following up with him to make sure we have an agreement on how to handle repairs before we sign the lease.

@Lynn McGeein Thats good to hear that this system works for you!

@Account Closed I'd say I'm willing to speak up when things are broken. I might be renting now, but it doesn't mean I like to live in the dumps.

Hi All,

This may seem like a strange question but at the moment I am a renter not an investor so maybe it will make sense.

I'm likely to rent a property from an out of town landlord. He offered to forgo a property management company if we can work out an arrangement and he would reduce the rent by about 10% (whatever the property managers rate would be). Is this a good idea? What pitfalls should I or my future landlord be aware of with this kind of arrangement?

Thanks,

Danny

Post: SFR Under Contract

Danny SzczotkaPosted
  • Salt Lake City, UT
  • Posts 5
  • Votes 0

Unfortunately, the Realtor is not accepting back ups. I'll be checking to see if the deal fell through everyday! and looking for more.

Post: SFR Under Contract

Danny SzczotkaPosted
  • Salt Lake City, UT
  • Posts 5
  • Votes 0

So there is this SFR that just went under contract through Home Path. I was in the process of being preapproved for the mortgage with my partner when this house went under contract. Is it possible to still put in an offer now incase the contract falls through?

This is my first deal, not sure how hard to proceed this house. Any advice is great. Thanks.