Hello fellow BP members, I had a question about buying older homes specifically in Ogden or Cache Valley.

Hey Everyone,I am looking for advice on lenders people would recommend in the Cache Valley/ Logan Utah area.

Building is from 1955 , you should put more for maintenance unless it was renovated lately, if you are first time investor , I would look for better cache-flow that this one have. as you might be at risk of running into negative cache-flow 

I think Cache Valley has some great potential.

That is what I though too  @Shawn Kay  , however doing such modifications can cost another 25% of the home price , and will end up putting more cache into the unit. 

I don't know about location , however 1- old buildings require more maintenance so you should have high cache-flow to cover the extra expenses. 2- QC rental laws are extremely sided with renter and increasing rent is very limited and regulated .3- when it was last renovated ?

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I am looking into that area too , the downside is the growth rate is very slow there for old houses, and usually your big money coming by appreciation of the real-estate more than from cache-flow . 

Cheers Are you also aware that 50% condo owners arent making postive cache flow from renting their condos ? 

I tried the process of unsubscribing and resubscribing after clearing cache but that didn't work for me.