Current Utah opportunities

[Chris Hill]

Hi all, I’m investor in Ogden. I’ve been looking for the past six months for additional cash flowing properties. I cannot find anything that will cash flow more than $200 per door. With prices being so high, what are you doing currently? Are you waiting for prices to drop in the future?

Is anyone in Utah doing syndications? How can I get involved?

[Tyler Rowland]

@Chris Hill One resource that could help you out is talking with property management companies, or at least start relationships with them.  They deal with a lot of properties and they know which ones have the potential of making more profits.  They are chuck full of tips on making more revenue.  

If you find a place that will cash flow less than your $200 mark, talk to property management companies that have properties near by and ask them about your rental expectations.  They can give a pretty realistic opinion for that area.  Maybe there are ways of getting it over your $200 mark by letting them have pets, or renting out by the room for students, or AirBNB.  

https://www.biggerpockets.com/blog/allow-pets-in-rental