You said it wasn’t enough in Utah. Seemed clear to me what you meant.

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

Jul 13, 2024
12:55:34pm

Acorn All-American

You said it wasn’t enough in Utah. Seemed clear to me what you meant.

This message has been modified

Originally posted on Jul 13, 2024 at 12:55:34pm

Message modified by Acorn on Jul 13, 2024 at 12:57:20pm

Message modified by Acorn on Jul 13, 2024 at 12:57:33pm

Report problem with this ad

Acorn

Bio page: Acorn
Joined: Nov 25, 2004
Last login: Oct 17, 2024
Total posts: 19,491 (2,384 FO)

Report problem with this ad

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.

Jul 13, 7:03am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad