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Jul 12, 2024
9:25
:53
pm
Big Daddy D
All-American
Use leverage my man.
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Big Daddy D
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Big Daddy D
Joined
Jul 3, 2003
Last login
Oct 18, 2024
Total posts
40,073 (3,777 FO)
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Messages
Author
Time
If you had $300K to invest in a rental property in Utah where would you buy?
the_byu_flash
Jul 12, 8:24pm
RE: If you had $300K to invest in a rental property in Utah where would you buy?
EQD2
Jul 12, 8:28pm
So the property needs to be 300k or less or
cougarfann888
Jul 12, 8:28pm
Beaver? Kanab? For hat amount maybe,
Coug98
Jul 12, 8:31pm
RE: If you had $300K to invest in a rental property in Utah where would you buy?
Ikuna
Jul 12, 8:33pm
What is that amount in Utah? A rental property for ants?
Longseason
Jul 12, 8:35pm
300k down and refi the note when interest rates drop. I’d buy in Northern
Big Daddy D
Jul 12, 8:40pm
Grantsville?
HarlemCoug
Jul 12, 8:40pm
Good pick. Granstville is cheap, but growing.
YSMACK
Jul 12, 8:48pm
Brian head
I'mBatman
Jul 12, 8:41pm
I know a guy that just got his RE license he says "it's a perfect time to buy!"
rad dawg
Jul 12, 8:46pm
Vacation rental in St George or Brian Head
RenoCoug
Jul 12, 8:47pm
I'd go with a town on the periphery that is about to get noticed.
Q-grr
Jul 12, 10:02pm
Delle
Jeffacka
Jul 12, 9:05pm
Weren't you part of a certain community there once?
Belboz
Jul 12, 9:35pm
RE: Weren't you part of a certain community there once?
Jeffacka
Jul 12, 9:43pm
You will make more in a money market. 300k in ut not enough.
Recipefordisaster
Jul 12, 9:22pm
Use leverage my man.
Big Daddy D
Jul 12, 9:25pm
Expensive leverage is exactly why $300k isn't enough in Utah right now.
rad dawg
Jul 12, 9:37pm
Asset appreciation is exactly why, if we are not trying to be cute here.
Big Daddy D
Jul 12, 9:43pm
Short term doesn't look good in Utah.
rad dawg
Jul 12, 9:51pm
I’m with you there. Interest rates will decline but insurance rates will not.
Big Daddy D
Jul 12, 9:54pm
OK. It is enough but you suggest waiting a little while.
Acorn
Jul 13, 3:34am
There's always exceptions and edge cases.
rad dawg
Jul 13, 10:40am
You said it wasn’t enough in Utah. Seemed clear to me what you meant.
Acorn
Jul 13, 12:55pm
Generally speaking it isn't enough to avoid taking on debt currently.
rad dawg
Jul 13, 3:06pm
Asset acquisition cost is high. Rates are High. Cant get much of an ROI
Recipefordisaster
Jul 13, 7:56am
Not in Utah.
VACOUGFAN
Jul 12, 9:26pm
With that little amount, just put it in an index fund. It's not enough
shammy
Jul 12, 9:42pm
Use the index and don’t add to the housing crisis problem
Nakedbootleg
Jul 12, 9:46pm
adding a rental unit to the market doesn't impact the housing crisis.
HarlemCoug
Jul 12, 9:58pm
Yes it does
AllHailTheOverlord
Jul 13, 8:38am
there is copious amounts of research on this.
HarlemCoug
Jul 13, 9:40am
I know a guy who invested his $300k online with a scammer. His ROI be real low.
Les IsMore
Jul 12, 10:01pm
Find an assumable loan in an good area.
kapcreations
Jul 13, 7:03am
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