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All Forum Posts by: Logan McKay Zylstra

Logan McKay Zylstra has started 39 posts and replied 331 times.

Post: Dscr Loan Question

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Jose, would be happy to connect you with my lender and strategize how to get the best deal possible.

Post: Newbie Looking to Learn and Finally Make it Happen

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Justin, let's connect offline and strategize how we can get you into your first deal

Post: House Hacking a Duplex

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Hey Ammon. I've been in a similar situation before. I can connect you with my lender who was able to figure it out!

As long as the mom has a sufficient rental application and signs as a guarantor, I don't see why I wouldn't be willing to rent the unit to them. 

Post: Hello everyone! I’m new here

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Hey Tyler. All great advice from everyone on how to find tenants.

Love the house hacking strategy. That's how I got started and built my portfolio as well.


Would be happy to talk shop and see if I could help give some more local/specific advice on what to expect.

Post: Property Tax reduction

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

https://resimpli.com/blog/property-tax-protest-companies/#:~:text=By%20volume%20of%20property%20tax,in%20property%20taxes%20each%20year.

Post: New to BP and Real Estate Investing

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Hey Raul. Can't speak to out of state investing. But would be happy to talk shop about how I'm picking up rentals locally

Post: Market Update and Insight

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Wanted to share a few real time figures across our rental portfolio and sales markets:

Rental (Data from the 500+ doors we manage):

Median days on market: 28

Busy leasing season came a few weeks early this year (probably because of the good weather we are having)

We are seeing increased amounts of investors/owner clients coming to us, trying to make rental numbers work by putting ADU's in basements (some cities are cracking down on illegal ADU's)

90%+ of new owners are not investors but "accidental landlords"

Sales:

Median days on market: 68

Multiple offers on homes that are well positioned and priced

Lots of bad inventory right now. People are unreasonable on what remodels cost OR new construction inventory that was just bought and owners are trying to turn a profit before the rest of the community has been sold

Buyers are waiting eagerly for the right home and moving fast when it pops up

Post: Foundation repair options

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

What area is this in? We are beginning to see smaller houses like this scraped and rebuilt if it's in the right area.

Post: Looking for a good agent in Cache Valley, Utah

Logan McKay ZylstraPosted
  • Realtor
  • Salt Lake City, UT
  • Posts 353
  • Votes 252

Hey Phil, happy to help. I will connect with you directly.