Great place to learn, but in the process of learning, also take with a grain of salt.

full disclosure: I am a board member of a REIA in Salt Lake City, Utah.Different REIAs are set up and run differently so it's good to check out more than one to see what works for you.We're a non profit.

I have been scouting out some properties in the Salt Lake City.

The one here in Salt Lake that I primarily attend (full disclosure: I'm a board member) is a non profit.

I don't know the area so take the following numbers with a grain of salt...9 one bedroom units rented at $575 (let's be conservative)2 store fronts leased at $600Total Gross Revenue - $76,500 - 15% (sticking with the conservative theme) Vac LossTotal Revenue - $65,025.00Total Expenses (50%) - $32,512.50Total NOI - $32,512.50Potential Vale of Property if sold at 9% Cap Rate - $361,250Like I said, I haven't seen the property but that's how I play it out in my head.

I would take everyone's "sorties" with a grain of salt.

Still, take others advice with a grain of salt and make sure you're not taking advice from the taxi driver - thats when you know its no longer a profitable investment.

Hello Bigger Pockets Community,I'm looking for some suggestions of good Tax Accountants in the Salt Lake, Utah Area that know how to deal with Real Estate and small business situations.  

Im not sure of the intricacies of the UK real estate market so take what I say with a grain of salt.  

So take anything a broker says with a grain of salt.