All Forum Posts by: Logan McKay Zylstra

Beautiful home. Congrats Daniel!

My wife and I prefer hotels. We are currently in Seattle and will be going to Nashville later this month.

Congrats! This deal is a big win.

National banks typically don't have the best terms for RE investors. If you don't fit into their box, the local bankers typically don't have the ability to help you even if they want to. 

For that reason, you should try to bank with a local credit union or bank.

Hello! I am looking to create a database for my clients with local services and professionals. I want to provide my clients with more value and be a one-stop-shop for my client's needs. At a drop of a hat, I want to be able to provide them with a name and number of someone who can help them with whatever they need. Please connect with me here and BP and send me your phone number in a message as well and I will add you to my database.

Thank you in advance! I look forward to connecting.

In addition, I would love to connect with any other like-minded individuals in Utah.

Hey Lindsay, I am an investor and realtor in the area as well. 

I think every investor has had this issue in Utah (a great problem to have). To best answer this question it comes down to your goals on return on equity. For my rentals, I have decided to leave the equity in there for a year or two longer and then 1031 into something substantially larger.

I see that a few other realtors have already reached out, but would love to connect and see if I would be a good fit to help you achieve your goals.

Best of luck!

While I work at one of the top 3 largest brokerages in the nation, I am looking to build a referral network across the nation consisting of agents who are like me, investor-friendly. I am not knocking my brokerage (I have actually loved my time with Berkshire Hathaway HomeServices and believe it is a top tier brokerage as a whole), but I want to be sure that I can hand my INVESTORS off to an agent who I know will be able to take care of them. Because at the end of the day, if I refer a client to an agent who is bad or even mediocre that is a poor reflection on me and my team.

I need an agent in almost every state so please connect with me here on BP, and send me a message with your phone number. I will keep a database of these contacts and reach out to chat when I have an investor looking in your market. Finally, I would love to be your Utah referral agent as well, please reach out and hopefully, we can do business together.

It's great that you know what you want your life to look like. I think gathering STRs in various states is a great way of doing that. With that being said, I think you should look into mid-term rentals so you'll be able to plan your next move with more ease and don't have to worry about all the common STR tenant problems in a place where you live frequently as well.

For rent by owner

The Utah real estate market, (like most of the nation) has changed rapidly. The state used to cash flow very strongly, but with rapid appreciation in home prices, cash flow is harder to come by. With that being said, I think Utah is a great market if you are looking for a mix of appreciation and cash flow (once rents catch up to the spike in the near future).

I have posted extensively about this here on BP so look back at previous posts if you want to take a deeper look.

I would be happy to connect and chat about where I see these types of investments transpiring.