All Forum Posts by: Logan McKay Zylstra

In my opinion, start local! You're in a more expensive market, but I am happy to connect you with a good friend in your area if you have the capital to do so. If not, I am bullish on the Utah market. (I've posted a few times about that on my profile if you care to read my take.)

Finally, On The Market (a new BP podcast) recently gave their top 8 markets. I'd just run with one of their suggestions.

Hey BP fam! I am very into the credit card game in addition to RE. Do any realtors, have credit cards they recommend? 

Thanks in advance.

You have to get that deal first, then pay off the loans. It may be harder to finance given that your student loans negatively affect your DTI, but by acquiring this property you then have a cash-flowing asset to help you pay down.

Jean, I would use that money for a downpayment on a rental (or house hack if you don't currently own where you live). Saving up a massive downpayment for a home is not as beneficial as many people think. The difference in mortgage payment for every $1,000 in down payment is only $5 per month. 

In addition, interest rates will continue to increase this year so the sooner you can get into a property the better.

Quincy this is so awesome. I want to applaud you for taking actionable steps towards your goals.

For new investors, this is something I would seriously consider joining!

Adam this is awesome! Congrats.

Out of curriousty how much did the rehab cost and how long did you hold the property?

Interesting scenario.

I would personally not allow this in my properties, as I wouldn't have control over who is coming and going. However, I would consider this if the lessee pays me a premium.

Just my take on it, I've heard of others who have done it and it has gone well.

https://www.propertyshark.com/...

Hello, I’m looking for feedback as I am continually trying to best serve my clients. I am familiar with the things that all the podcasts say to look for in a realtor, but I want to hear it from the investors themselves. I feel that my team and I provide an exceptional experience, but we are always trying to get better. Any feedback is greatly appreciated. Thank you in advance!

1. What questions you would want your realtor to answer in the first meeting?
2. What do you expect from your realtor in the buying process?
3. What are non-negotiables when selecting a realtor?
4. What things can your realtor take to let you know that you are working diligently for them?

@Mark M. Hall

From what I've seen cities in Utah are more lenient with zoning due to the housing shortage (especially in Salt Lake County). The best way to get a quick and accurate response is to go into the city office and speak with the zoning department. You can obviously call too, but they are very friendly and willing to help if you go in person.