All Forum Posts by: Jeremy Jareckyj

 I agree with this. I think over the next few years people will leave markets due to municipality changes. STrs are going to be more regulated nationwide.

I'd consider having a conversation with a local agent to see how the pre-fab vs self built will affect your property value. Self built might be more pricey but could raise overall value more.

I have a few friends in Columbus. most do MTR now. STR demand wasn't reliable enough. obviously this is a bit generic anwser but I think Columbus as a whole is a more reliable MTR market.

It would be a convo to have with your parents! Sounds like the STR is doing well.

you can still find good deals more west of the freeway in SLC or off market in SLC or south salt lake but they are harder to come by

Hey Justin. I am a local agent, STR cohost, and STR operator in Salt lake and south salt lake. There are a lot of proposed legislative changes coming up state wide and also municipality based. Happy to chat with you about them and the area in general.

Not sure if this is an option in your area, but we have a company called CREW in Salt lake and they are $50 a month and take the cans out and bring them in the day after. it is hard to rely on the cleaners at times. unless the cleaner is paid to do the trash every time.

I have heard of the MACU 10% down loan. I had one client who was going to use it to purchase an STR but decided to wait a few months (he ran into some huge expenses with another rental capex stuff)

You have to try to estimate MTR income in your area + take into account the costs associated with MTR setup. How quickly will the income from MTR revenue give you those MTR setup costs back? Is it worth it? It sounds like at this time it is producing well for you. 

I do not but love the area!! Been going there for years. 

I can imagine it is pretty saturated.. but I would make sure you have top notch photos and design. Amenities are a bit tougher with condos because they may restrict a lot of things.