All Forum Posts by: Ethan Bowen

Alright so I just got a juicy list of probate leads farmed up. I was fortunate enough to find some actual phone numbers on some of them.

So just your two bits, how would you approach a PR when inquiring about the real property in the estate.

Thanks,

haha still no photo from OP, but will you tell me?

Kaloyan, welcome to Bigger Pockets and welcome to the Utah market! Make sure to check out Salt Lake Real Estate Investors Association (slreia.com)

This may be a shot in the dark but I always remember when I was driving from Orem up to the valley, a place off to the side of the freeway that sold all kinds of granite. I'm sure you (residing in that area) will know what place I'm talking about. I bet that would be a good place to get a second bid.

James,

Make sure to check out the "FilePlace" for downloadable forms, files, contracts, etc.

I'm sure someone else with more experience will chime in here. But for Utah I believe it will already have that included in the contract, and btw unless you are a licensed agent you don't have to use that contract you downloaded from the states website. You can even make your own contract. Really all you will need, is to make sure that you include a clause in your contract that's contingent upon finding a 3rd party assignee. You will also need an Assignment of Contract addendum.

Hey Teighlor, and welcome to BP and the world of real estate investing! There are a lot of great opportunities in Draper to make money in RE. I know a number of places here in Utah that are good to start out. I'll send you a PM.

@Sammie Le

I know of a few good local places where you can get your feet wet in the Industry (REIA, seminars, luncheons, etc...) in addition to everything that is available online and here on BP.

Send me a PM or colleague request

Nice to see you on here Nate and welcome. Whats the name of your company?

I don't think anyone has mentioned the Rental Property Calculator. Maybe that's worth looking at.

Also I'm sure you've heard of the equation for rentals where you take the rent -mortgage (or note) -40%= your cashflow. That 40% breaks down to 10% for taxes/insurance, 10% for vacancies, 10% for property management, and 10% for repairs.

Ah! Thanks Darren! much appreciated! And I'm looking forward to the video Brandon.

Thanks again!