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User Stats

5
Posts
6
Votes
Alyssa Henderson
6
Votes |
5
Posts

New investor in South Utah County

Alyssa Henderson
Posted

Hello! My husband and I have one rental property and are looking to do a flip next. We are located in south Utah county and are always looking to meet other people also interested in real estate around here! 

We have a one year old daughter who keeps us busy and we love playing sports and spending time outdoors with our free time. 

User Stats

1,548
Posts
361
Votes
Marlon Fong
Pro Member
  • BiggerPockets Support
  • Metro Manila
361
Votes |
1,548
Posts
Marlon Fong
Pro Member
  • BiggerPockets Support
  • Metro Manila
Replied

Welcome to the site @Alyssa Henderson! It's great to have you here.

Here are some recommendations for you:

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...

Read Beginner’s Guide: http://www.biggerpockets.com/r...

Check out BP Money Podcast: https://www.biggerpockets.com/..

User Stats

4,111
Posts
1,375
Votes
Julio Gonzalez
Pro Member
#2 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
1,375
Votes |
4,111
Posts
Julio Gonzalez
Pro Member
#2 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
Replied

Hi Alyssa, welcome to BiggerPockets! 

This is a great place to learn and to connect with people so take advantage of all the great resources.

-Julio

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User Stats

127
Posts
83
Votes
Carl Davis
Agent
  • Real Estate Agent
  • Utah
83
Votes |
127
Posts
Carl Davis
Agent
  • Real Estate Agent
  • Utah
Replied
Quote from @Alyssa Henderson:

Hello! My husband and I have one rental property and are looking to do a flip next. We are located in south Utah county and are always looking to meet other people also interested in real estate around here! 

We have a one year old daughter who keeps us busy and we love playing sports and spending time outdoors with our free time. 

Hey Alyssa, welcome to BP! Good flip deals can be hard to come by. I would suggest going direct to seller to find the best deals here. Door knocking, cold calling, and other activities to get something that pencils well. Make sure you underwrite the deal conservatively as well, inventory has been creeping up here in the wasatch front.

User Stats

337
Posts
118
Votes
Ryan Davies
Lender
  • Investor
  • Salt Lake City, UT
118
Votes |
337
Posts
Ryan Davies
Lender
  • Investor
  • Salt Lake City, UT
Replied

Nice! I live in Utah and invest here

User Stats

737
Posts
617
Votes
Logan M.
Pro Member
  • Investor
  • Provo, UT
617
Votes |
737
Posts
Logan M.
Pro Member
  • Investor
  • Provo, UT
Replied

A couple of other sources that could generate flips are expired, withdrawn and canceled listings. 

I have two flips running currently, including one in Santaquin that were both on the MLS. Most investors and agents are too scared to negotiate, I bought the home on over an acre for 300k.

I like to take a net approach where I utilize as many sources as possible to find deals.

User Stats

6
Posts
3
Votes
Replied

Hi Alyssa,

I live over in Wasatch County but have a rental up in Weber County. Gotta be flexible and look all over the state imo. But as others have stated, going direct to seller if able is always best. I do some fix and flips myself and do a lot of the work myself.


Are you from Utah or did you move here from out of state?


Hope all is well!

User Stats

9,929
Posts
4,792
Votes
Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
4,792
Votes |
9,929
Posts
Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

Welcome to BiggerPockets Alyssa and best of luck investing!

User Stats

5
Posts
6
Votes
Alyssa Henderson
6
Votes |
5
Posts
Alyssa Henderson
Replied

Awesome! If you have any tips for what you look for on the MLS, I'd love to hear about them. Sounds like you're having success, that's great!

User Stats

5
Posts
6
Votes
Alyssa Henderson
6
Votes |
5
Posts
Alyssa Henderson
Replied

From Utah! Yes, we’ve looked around and if it’s just a rental we are more open to further away but if we find a flip it’ll need to be closer to keep it realistic for us as a family. 
Thanks for the advice!

User Stats

75
Posts
52
Votes
Masyn Grant Barney
Agent
  • Real Estate Agent
  • Spanish Fork, UT
52
Votes |
75
Posts
Masyn Grant Barney
Agent
  • Real Estate Agent
  • Spanish Fork, UT
Replied

Hey @Alyssa Henderson, I'm in Spanish Fork, great to connect! While I haven't done a traditional flip, I have done some heavy remodeling at each of my properties and have some unique ways to find potential on market deals. 

I'd love to connect and see if I have any tips I can share that would help you out. You should also come to the Bigger Pockets meetup in Provo that happens on the first Wednesday of every month. Let me know if you want more details on that. Best of luck!