Buying a Home in Salt Lake City, UT

head_left_image

Salt Lake City, Utah makes top 10 list for best places to buy investment property

Marketwatch 10 best U.S. cities for real-estate investorsSalt Lake City, Utah pops up at #6 on Marketwatch's Top 10 best places to buy investment property in the U.S.

They cite low inventory and rising median home prices as reasons, but fail to mention that rents on single family homes are pretty high compared to the cost of homes right now.

My presumption is that families who have lost their homes to short sale or foreclosure aren't too excited about renting a 2 bedroom apartment, so they are looking for single family homes to rent. I've been thinking about keeping my home as a rental for a few years rather than selling it right now myself.

My primary business is with single family residential buyers who plan to live in the home themselves, but if you are interested in buying investment property in the Salt Lake City, Utah area, I have associates who can help you. Call or message me today for more information.

Thanks!

  • Do you have excellent credit?
  • Do you plan to purchase a $250,000-$750,000 home within 90 days?
  • Do you have a good down payment, or are you paying cash for your next home?
  • If you want the best representation, get someone on YOUR side!

Homebuyer Representation, Inc. - Exclusive Buyer Agents

Call us at (801) 969-8989 or contact us today via the link on this page for a free consultation.

©2012 Homebuyer Representation, Inc. - "The Real Estate Agents on the Buyer's Side" TM

Salt Lake City, UT - Exclusive Buyer Agents (EBA)

All Rights Reserved

For more information, or if you are relocating to another state, visit GetYourOwnAgent.com

Comment balloon 4 commentsBenjamin Clark • April 23 2012 05:57PM

Comments

Hey Benjamin,

Yes it is a great time for investors buying property to rent.  I wonder if the ATL made the list?  I'll check.  Best of success to you this year!

Posted by Jordon Wheeler, J W Group Real Estate Sales and Service (The Jordon Wheeler Group) over 6 years ago

Thanks Jordon! Best success to you as well!

Posted by Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.) over 6 years ago

My investor list has been focusing on Utah rather than Arizona and Nevada lately for good reasons.

Utah is located closely to the sand states but we have water, lakes, mountains, skiing, I could go on forever.

The part I hate is when investors choose to pay cash since I like providing the financing but that is slowly changing as we get more files to pass underwriting.

Also, don't forget, SD IRA's as an option to diversify your portfolio.

Posted by Ron Aguilar, Mortgage & Real Estate Advisor since 1995 (Continental Mortgage) over 6 years ago

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado

Posted by James A. Browning, MRE REOCertified(R) SSCertified (Browning Real Estate School/REO Institute) over 6 years ago

Participate