All Forum Posts by: Josh Jensen

@Christina Ng hello. I live in Kearns which is right next to Jordan. The SLREIA (Salt Lake Real Estate Investor Association) is pretty good responding on facebook. I'd definitely cross post to their facebook page. Good luck!

-Josh

@Chris Ng SLC area is around .7% rule if you are lucky. Equity might be a better bet here.

@Destin Hinton. Welcome. I'm south of Salt Lake. I'm looking to do the same when I PCS. I'm doing projects with my primary residence to force appreciate the house and adding another bedroom. My wife and I are planning on renting it out when we PCS.

@Michael P.: 20k in a Roth, 20k in a 401k. 

I'm data driven, and would like to make the decision to purchase another property based on numbers (verses a 'gut feeling'). While I know it's a great time to purchase an investment property, I'm unsure if I'm in financial position to do it right now. Stats below: 

* I purchased my first home (my family lives in it currently) 2 months ago. We made a move from CA to UT recently. 

* My wife is out of work due to COVID. We have 3 small children under 8 years old. 

* We have less than $500 liquid assets. 80k in student loans, and 1k in CC debt

* I can possibly have 2 other investors purchase the property with me, but I"m concerned about the possible future legal complications that could entail. 

Should I move forward with the dream to purchase another property to (hopefully) secure our financial future? 

@Casey Waters. I'm also new. I'm in the Salt Lake area and have looked in the Ogden, UT market. It is for sure a sellers market which makes it hard to find a deal. If you PM me I can send you a wholesalers info up here so you can get on their distro if a deal comes up. Best of luck and happy hunting!

@Armando Kraynick

@will

@Armando Kraynick. I'm Army here in SLC. I just got here as well. Send me a message and we can chat.

@Eylan Dilworth have you looked at Provo? I'm in Kearns and I'm directing my attention there.

@Robin Ji I really like your spreadsheet for analysis. Are you available for a call sometime in the future? I can direct message you my number. I'm moving to that area very soon and would be able to physically check things out for you if you want. Thanks.