All Forum Posts by: Sam Levin

Hi Brandon. I own several FIG properties and I love them. I'm an "Investor's Agent" in Utah County and every one of my clients who own FIG also love it. I am not affiliated with FIG directly but I now know the people involved very well and they are some of the best people in this business. Please reach out to me directly if you would like to discuss it further.

Unless you are starting out with a ton of cash, I recommend that you buy something simple like a 3 BR townhome using an FHA or 5% down conventional loan. If the monthly payment is high for you just bite the bullet and take on a roommate for the first year. Once that year is up you can fully rent it out and buy another one with 5% down. If you just do that, and you don't start buying fix-n-flips (1 bad 'fixer' purchase and you could be wiped out) for a few years you will build a nice foundation. Then you can get more creative or start looking at fourplexes.

Talk to Luke Sorensen with Security Home Mortgage in Orem UT. They do some portfolio loans. I hope that helps!

Hi Nate W. For Utah those numbers aren't bad, and with our growth projections here any of those would be good long term holds. I noticed that you mention that you prefer new properties, which is all I invest in and what I always advocate for my clients to buy. The value of having brand new properties and the time saved in dealing with renovations and repairs can not be overstated.

I don't know the ages of the structures you are currently looking at but there are plenty of brand new off-market rental options in Northern Utah County (best appreciation projections in the state, and probably the entire Southwest) that run the same or better numbers as the options you've identified in SL and WAS Counties. Please let me know if you would like more information about that.

A good way to remember this is "Sellers set the prices, but it's the buyers that establish the value".

Provo Land Title in Provo or Orem. Best in the business.

DUPLEXES in Salt Lake City area for sale! 

Perfect Starter Rental Investment properties!

Asking price: $315K - 2,598 sqft - 8 beds 3 baths 
Rent $2,500+/mo, 7% Cap Rate!

First time home buyer can use 3.5% down FHA loan to owner occupy

10% down non-owner occupied investment loans with no PMI available!

We currently have total 5 off-market duplex listings available. 

They will go live on MLS next Monday. These won't last long!

For more info and photos on all 5 of our current pocket duplex listings, please click the link below:

https://docs.google.com/spreadsheets/d/1xvQWfUJcfnsX4tFqF1a-_GeKx1hhT03WZyHQCyIOerk/pubhtml

For more info, please contact Yuki at:

Email: [email protected]

Phone: (801) 739-3115

Sale price is $3.1M. The required construction deposit is $500k. There may be opportunities to collaborate with other investors to purchase one building in 4 shares.

Beautiful brand new 18-plex buildings in Vineyard Utah available at pre-construction pricing. There are 26 premium build, tastefully modern 18-plex structures in this development. Most are already sold but there are still a few buildings available. 7.5% cap rate upon completion. Incredible opportunity to own the nicest small apartment buildings being build in Vineyard Utah. These will be sold out soon. Serious inquiries only. Thank you.