New member from Utah

[Gavin Walker]

I've got a couple of rental properties, they perform well and I'm super happy with them. I bought them when I came across a decent amount of money a few years ago.  I knew I shouldn't buy a fancy car that will lose value, and I knew if it was in the bank I'd slowly spend it on fine dining and not working hard enough during college, so I put the money into some rentals.  It was 2009 and then again in 2012, so both have appreciated quite a bit.  I want to do more investing, and am in process of learning how to do different kinds of deals that don't require money, since I don't have much liquid cash, and deals that can make good chunks of cash so I can go and buy more rentals.  Mainly, my focus right now is learning to wholesale, which I'm learning may be difficult in Utah, and perhaps doing some flips, all as a way to buy more rentals.  Help in the wholesaling arena is much appreciated! What contracts to use, certain title companies that know how to make it work, etc. 

[Josh Knox]

Hi @Gavin Walker,

I would recommend looking into some of the investment groups that meet in the valley, they can be a great resource for learning what you are looking for. Pay attention to the boards here on bigger pockets but you can also google search some of them for Salt Lake and find more info there.

My experience has been to find a good mentor to work with, preferably one that has their own capital, and be willing to put in the work they ask you to do. I found a mentor that was willing to show me the ropes and I split deals with them in the beginning, but I had to do the hard work that was required to learn the ropes, it paid off in the end though.