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All Forum Posts by: Kate Batals

Kate Batals has started 6 posts and replied 17 times.

I am interested in finding out more about the Lehi market, and the best type of property to invest there. I hear it being advertised as the next Silicon Valley because of the business friendly environment. So far what I see in Lehi is a lot of new construction of office buildings and homes, but I only see a McDonald’s, Chic-fil-a  and a cafe Rio as places to eat around there. Are there any other chain or non chain restaurants? Also I see an outlet, but are there any plans to add more shopping centers there? I don’t even see a Target store there yet. Which I am surprised. I would love to hear about anyone’s thoughts or experiences in investing in Lehi. Thanks!

@Theresa Harris 

Thank you. I appreciate your feedback and suggestion. 

@Theresa Harris she lives in Southern California and she was lucky enough to find such a low 1bd/1bth rental in the city she lives in. 

@Steve Hall hmm...I like that idea. Thanks!

Actually I am worried about myself and my own family and I have already some rentals that are cash flowing very well. I am in the process of buying a couple more. I don’t like seeing her struggling while my family and I are doing well financially...So I would like to help her some way. I was thinking of maybe buying a condo or duplex next that she can rent from me for a very low price or live rent free when she is older.I am just trying to help my mother find a way to have her money work for her. So she’s can retire and have the little social security she will get and some extra money coming from her 28k saved. Her social security will not be enough. :/

I was wondering if anyone here has any advice or suggestions on how I can help my 60 year old mother to start investing in real estate? She has about 28k saved up. She rents a one bed and one bath apartment for $960 and she earns just enough for her bills, groceries, and rent. Is there any way she can create cash-flow in 10 years that can supplement her rent and expenditures by using her $28k she has saved? Also is there a safe market where $28k can go a long way? I appreciate any advice or feedback. Thanks.

Does anyone know of a bank that will do a HELOC on a non-owner occupied property in Boise Idaho? Thanks in advance!