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All Forum Posts by: Jenny Wall

Jenny Wall has started 6 posts and replied 33 times.

Post: High end house rental market in Utah salt lake and bountiful area

Jenny WallPosted
  • Real Estate Agent
  • Riverton, UT
  • Posts 33
  • Votes 12

Hi does anyone know how is the high end rental market in Utah Salt Lake City and bountiful area ? I have a house which is worth about $450000 and renting for $2700/month to a great tenant, still have 2.5 years left . It's on a variable interest rate . I am debating if I should refi to a fix rate and keep it long term or sell it when the lease is up. This is the only higher end rental I have , so I am not sure if it's a good long term holding property . Any advise would really be appreciate . Thanks 

Post: I rejected applicant, he said he would pay $150 extra/month

Jenny WallPosted
  • Real Estate Agent
  • Riverton, UT
  • Posts 33
  • Votes 12

I too would be very concerned about renting to the family. Their income is too low. References are not that reliable unless I can verify they are the property owners or PM. I had people gave me their relatives or friends contact information to claim they were their landlords. One person gave me fake pay check stubs . 

I would go with the single guy if his employment can be verified and he is willing to put up one month security deposit , first and last month's rent. 

Post: Looking for a real estate Attoney

Jenny WallPosted
  • Real Estate Agent
  • Riverton, UT
  • Posts 33
  • Votes 12

Hi I am new to BP , but have been listening to many episodes of the podcast . Love it  and decided to become a member. I am thinking about putting my 6 rental properties to a trust . Does anyone out there knows a good real estate Attoney in salt lake Utah area ? 

Thanks