All Forum Posts by: Grant Keaton

@Brian Eastman I love this discussion. I want to learn as much as I can on SDIRAs, any resources you would point me to? Thanks!

Hey all, I was interested in a house that was taken off the market but not shown as sold. How can I find out the owner or previous listing agent? rookie question I know... any help is appreciated!

Hi Trinette! I've been thinking about the same thing, although I'm just a beginner / newbie. Are thinking in or around Utah or farther distance?

Awesome thanks Drew Clements just my curiosity working. Best of luck!

Sam Levin do you consider potential value added by rehab work in your numbers? Essentially, do you find that rehab doesn't deliver return or do you not look for rehab potential in your investments?

Thanks Becca Summers , super helpful info. When you say costs for repairs do you mean rehab for forced appreciation or just replacing or things like the ac unit when needed?

@Bill S. (or anyone) so from what you said above, the HELOC allows you to not pay until you draw on it but has a higher rate (I read elsewhere that if you carry a high value on your HELOC it can adversely affect your credit score, T/F?); Home equity loan is immediately available cash but you have to pay right away, cheaper than a refi; refi is a full blown conventional loan with all the costs and process of initiating a loan for, say, an original home purchase. Do I have that right? Thank you!

Hello friends,

I'm looking to restart my portfolio and wanted to see if anyone had opinion on geographies. Most of my looking has been in Utah and south SL counties, midrange ~200-300k SFHs. Growth is projected at 4-5%, homes typically <20yrs old. However, there are other areas in Utah with significantly lower prices, such as cache valley, west Weber county. I have capital for around a 300k deal. For a buy and hold Do I get more bang for my buck in a lower value area? Or is it all a wash?

Awesome thanks @Drew Clements I'll check those out. What's the flip market like up there? obviously a lot of older or run down homes, but I know there's also a lot of upper end sprawl on the outside of existing housing. Do you look for areas that are being gentrified, or is the rehab to hit more of a mid market buyer?

Yes, it's all about weighing the risks. You can check out vacancy rates in the area online to try to estimate that. Also using a heloc instead of cash obviously makes it harder to cash flow, but if the numbers work, go for it!