Noob from Salt Lake City!

6 Replies

I was raised in Sacramento, have lived in Salt Lake city for about 6 years and will soon be moving to Kansas City because my wife wants to move home! I got very interested in real estate by accidentally house hacking. I got tired of my crappy apartment and on a whim ran the numbers on a mortgage for a small town home in Utah. I realized if I rented the rooms to my buddies I could live for 50$ a month so I did it. I also accidentally benefited from the real estate boom in Utah. I lived in that townhome for 5 years, and when my wife and I got married at the start of this year I saw the power equity! I didn't yet understand real estate investing and 1031 exchanged all of my 6 figure earnings into a nice family home instead of a wise investment, but I was hooked either way. I started to look into it and found the bigger pockets podcast about 2 months ago. Ive read several of the books and listened to close to 100 episodes. I am just starting wholesaling here in Utah and looking forward to seeing how that goes, I also am extremely interested in syndicating! I have a very strong network of wealthy people from my previous current line of work (politics, and now tech startups) and would be interested in advice on finding good experienced people to partner with! I am very excited to engage with this community that has already taught me SO much. I am extremely excited to get started wholesaling, brrrring, and syndicating with you all! Please send me all the advice and the good vibes you can spare! Thanks BP!

Hello,@Cole Souza , Welcome to BP. It seems like a simple thing, but reaching out in BiggerPockets about getting started as a real estate investor is a great first step. Congratulations and I wish you a ton of success.

@Cole Souza

Welcome to the BP family! Great that you joined the site! Here are some recommendations for you:

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Wishing you the best!

@Cole Souza welcome and this is a great city. I am a transplant and we moved here to start investing full time. Great people, low cost of entry, high rent prices vs purchase cost, etc... Good luck with your move and feel free to reach out. 

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