All Forum Posts by: Shaun Walker

@James Martin I just accepted a full time job in Memphis and will be moving there this fall. Could I get a copy of your map?

Keyword alerts: Roy, Ogden, South Ogden, Davis, Weber, Layton, Clearfield, Northern Utah, Utah

Well we have a verbal soft acceptance on a property in south Ogden (not too far from the university)! just wanted to get some feedback and advice from other Ogden/Utah investors.

Purchase price: 180,500 they are covering the closing costs.

Their previous rents were $850 (3 bed 1 bath) and 575 (1:1). We are planning on living in the 575 unit for at least one year and hopefully fixing it up so we could get 650 out of it once we leave. 

It is an older house, as with most in ogden. But it seems to be a much safer area than central ogden city. 

Here is the interesting part, there is a third illegal studio apartment in the basement as well. does anyone know how hard it would be to get the city to allow it to function as a triplex or could we (my wife and I, no kids yet) live in the studio as the owner-mangers and rent out the other 2? 

Any advice on Ogden "house hacking" and land-lording would be appreciated, especially since we are further in the process since last time I posted . 

does anyone have any thoughts on the article posted at the top?

Are homes in ogden appreciating as much as zillow claims? 

@caleb I am just looking at anywhere that has a duplex under 200K. 

The one we looked at was at about 700 E 21st street, it is now off the market.  

This is the one I am the most interested in at the moment: https://www.utahrealestate.com/1459186

It is close to the high school I believe. 

@Tobias Falzone what area is considered "downtown"?

Ogden Utah....Is it worth it?* (It won't let me correct my typo in the title)

My wife and I just spoke with a lender and got pre-approved for a loan. We are planning on purchasing a duplex and living in half of it. The only place we can really afford in Utah is Ogden. I have been watching the MLS and some other sites for a while now and have seen some good deals come and go. We even went up there (from Orem, a 1.5 hour drive) to see some units and get a better feel for the community. It just seemed really slummy and dangerous in general, we even saw a drug bust at 3 in the afternoon! For those of you who own rentals, multi-family or otherwise, how do your units perform? do you have a lot of tenant problems? tagging problems? Drugs?

Is Ogden really a up and coming market like Zillow claims? https://www.zillow.com/blog/hottest-markets-2016-1...

We are anxious to get started and we want to stay in the state for now. Should we take the plunge and move to Ogden from happy Utah valley?

Just to get some key word alerts going: Weber County, Roy, South Ogden , North Ogden, Layton, Weber State University, Harrisville, Clearfield.

For those of you that own units in ogden, do you have a lot of crime around your units? tagging, break ins, drugs etc.? 

Thank you Steven I will be looking into your website.

Hello all! 

My name is Shaun Walker, I discovered Bigger Pockets about 4 weeks ago and have listened to many of the podcasts and read the Ultimate Beginners Guide. 

I am an Accounting major with 3 semesters left at UVU, I have many cousins, Aunts/Uncles, grand parents, and parents who all do real estate (mostly buy and hold in Provo/Orem). 

My wife and I are looking to buy/owner occupy a duplex, triplex, or 4-plex by December of next year, It would be ideal for me personally to purchase in Utah county. 

I have two questions/concerns currently:

1. I am very capable in excel, having manually and mentally run the numbers of multifamily units listed online I have found that none of them come close to meeting the 1% rule. (Example: duplexes for sale in PG for almost 1/2 a million!!) I would love to hear others experiences finding off market deals in Utah. 

2. We will have enough money for a down payment, and plan to use an FHA loan for the first property, however I currently have almost no income as I am taking very full loads in school to finish as soon as possible. If I am unable to land a well paying job right out of school are there ways to get approved for a loan that do not involve a current income?

Excited to meet you all!