All Forum Posts by: Josh E.

Hey BP - How long does it take to subdivide a property? I'm debating putting an offer on a multi family duplex in Utah that has .4 acres of land. Every other lot around it is .2 acres, and all is zoned R2. It's also not a weird dimension, so cutting it in half would fit perfectly with the other lots around it in terms of shape and size. The subdividing of the land would make this a great deal; however if the county won't work with me, it wouldn't meet my criteria and I'd prefer not to buy. My goal would be to put it under contract and work everything out while I'm still in the due diligence process, and if I can't figure it out, step back from it before I lose earnest money. Is it realistic to try and work with the county to get this subdivided while I'm under contract? Or is that something that takes 6 months or longer to do? This would be my 3rd duplex, but first time trying to do something like this and thought I would seek some help.

I agree with Rebecca, unless your property is out in the middle of nowhere, 700/month is low. I have 2 duplexes in Utah county and use a property manager now after managing them for a year by myself. Pm me if you'd like a referral, I've been very impressed with them so far.

Thanks to everyone who has reached out! I've got plenty to read up on and feel like I have a better feel for expansion. Thanks again

I'm not an expert by any means, in a similar spot as yourself... my two properties are in Utah county, so if you ever make it down this way I have a smaller property management company I use which has been great to work with, very investor friendly. Either way good luck! Josh Epperson

Hello BP forums! I now have a couple duplexes under my belt, and am looking to expand my horizons. Real estate tends to be a little pricey in the state of Utah, so I'm considering branching out into other states that might look more attractive from a numbers stand point. My question is how do you go about finding deals, property management companies, and everything else that goes with it? Especially when you don't live there? Ive thought about looking for properties where I have friends or family in the area, so I can visit them and my properties at the same time and get the tax deduction. That would be St. Louis, Houston, Florence South Carolina, somewhere in Massachusetts, or maybe Oakland. But what other ideas are out there? Thanks! Josh

Hello BP forums! I now have a couple duplexes under my belt, and am looking to expand my horizons. Real estate tends to be a little pricey in the state of Utah, so I'm considering branching out into other states that might look more attractive from a numbers stand point. My question is how do you go about finding deals, property management companies, and everything else that goes with it? Especially when you don't live there? Ive thought about looking for properties where I have friends or family in the area, so I can visit them and my properties at the same time and get the tax deduction. That would be St. Louis, Houston, Florence South Carolina, somewhere in Massachusetts, or maybe Oakland. But what other ideas are out there? Thanks! Josh