Real Estate RESOURCES

Investing in real estate is a strategic financial move, and when it comes to the dynamic market of Salt Lake City, Utah, multifamily properties present a compelling opportunity. Multifamily properties, such as apartment buildings or condos, offer unique advantages and challenges in this region. In this article, we'll delve into the benefits and...

According to information published by Utah University, around 33% of the state's population rents their homes, and 80% of these reside in the six largest counties, including Salt Lake.Additionally, rental prices in Salt Lake City are at an all-time high, making this city an attractive option for those wanting to enjoy all the benefits of invest...

Salt Lake City began as the home for Mormon pioneers, but these days, it has everything from the Sundance Festival to some excellent ski slopes.It's easy to see the allure of Salt Lake City real estate, but homes for rent are getting more and more expensive. Tenants need to spend months researching until they settle on the right place. It helps...

A recent study by John Burns Real Estate Consulting reveals that the percentage of investment properties in Utah is lower than in the rest of the nation. Nationally, investors are buying 24% of homes. In Utah, however, 15% of homes are bought by investors.Just because the percentage is low, it does not mean that Sandy, Utah is not an excellent loca...

If you're like most Americans, you're concerned about your future - especially retirement.That's because 57% of currently retired U.S. adults rely on Social Security as their primary source of income.When it comes to retirement planning, adding another pillar to your retirement plan is the key to a better life. If you already have a 401...

The decision to sell or rent out a home can be a challenging one for homeowners. Many individuals would prefer to sell, but in this market, it can be difficult to find a buyer that is willing to pay the asking price. In such cases, renting out your property can be a good option. Leasing a home may seem like a daunting task, but it can be a smart fi...

The real estate investment market is steadily rebounding after the pandemic.In the first part of 2020, there was a worldwide drop of 33% in real estate investments. For new investors, this meant a lot of great opportunities, but as the market quickly bounced back, acting fast became a necessity. To act fast on real estate investments, you need to h...

Inheriting property can be an emotional life event. But eventually, and usually, there comes a time to start thinking about selling an inherited property.After all, some homes come with extra baggage, like becoming an accidental landlord, inherited property tax, and more. Selling inherited property can take an emotional toll on some.In certain stat...

The median price for a home sale in the Salt Lake City area was $601,000 in 2022. But, of course, some homes sell for more while others sell for less.In any case, home sales require earnest money. The buyer puts money down when issuing their offer, and the money goes into an escrow account.You might have questions about the escrow process if you...

Real estate. It can be a tempting industry to invest in, so you have to make sure that you are working with the right professionals.In the United States, there are over 562,000 jobs in this industry. One of those jobs is a real estate negotiator.What can a real estate negotiation expert do for your investment needs? What do they know about the real...

Did you know that in April 2022, the median price of a home in Utah was over $534,000?With house prices continuing to rise, potential buyers may be curious about when the best time to get into the real estate market is. Potential investors may be curious if this is a good time to invest in this market.Well, this guide will reveal the current Utah t...

Buying real estate can be viewed as an ideal investment, regardless of your reasons—whether you plan to live there permanently or rent it out to generate passive income.It is forecasted that population growth in Salt Lake City, Utah, will soar in the upcoming years. Furthermore, the Wasatch Front region has a strong economy that is only incre...

According to Bankrate.com, real estate remains one of America's favorite investment assets. Their recent survey revealed that 28% of Americans prefer this investment method to generate wealth. Real estate investing can provide several benefits to investors. However, there's one thing that must occur first. Investors must ensure the pro...

Halfway through 2022, we learned that over four-fifths of home-owning millennials have some regrets about buying a home. Many of them prefer to rent these days, and with this comes opportunities in real estate investing. You can either buy to flip, or buy to lease, although you may have heard of all sorts of stories on how this will go.Below, ...

Today, an increasing number of people are interested in real estate investing in Salt Lake City, Utah as a long-term means of generating extra income and growing net worth. However, it's essential to know what you're required to give as a down payment for an investment property before investing in real estate.The biggest obstacle to purchas...

Did you know that the U.S. housing market reached a value of $36 trillion in 2021? With numbers like that, it's easy to see why so many see this sector as a source of investment opportunities. Many people look for properties listed in traditional real estate markets, but what about off market properties? There are advantages to going this ...

Did you know that the average rental price for homes increased by more than 7% from 2021 to 2022? That means people who own rental property are making about 7% more this year than they were last year. Real estate is a booming business, but it’s not as easy as buying a house and waiting for the money to roll in. Finding a great investment...

It's never been a better time to invest in real estate. At least 36% of households rent homes instead of owning them according to the 2019 census (and that number is likely higher now). The rental market is hot, so why not get in on it? The idea of investing in such an expensive endeavor might seem scary. How do you know that you're go...

Real estate is pitched as the ultimate means of passive income. Savvy real estate investors invest time into researching and managing properties. Their monthly profits are well worth it.Investors have looked to property as a low-risk method to accumulate funds. Real estate has high profitability and allows property owners to grow their wealth.As a ...

“Opinion is the medium between knowledge and ignorance.” Whether or not you agree with Plato on this point, you will appreciate the value of solid research when it comes to making critical financial choices. For example, when life turns down an unexpected path and forces you to reconsider your property decisions, you want more...

Real estate billionaire Andrew Carnegie once said that 90% of millionaires got their wealth through real estate investments. However, even big shots like them commit real estate investing mistakes. The difference is, they caught on early and worked hard not to repeat the same mistake.The good news is you can too! Here are six real estate investing ...

According to the US Census Bureau, individual real estate investors own more than 74% of rental properties. Have you ever considered getting into real estate investing in Salt Lake City? How does one get started and thrive in this aspect of real estate? What are the things that you need to get started?When getting into the property investment ...

Are you looking for a way to make passive income? Do you want to invest your money but know nothing about the stock market?Instead of putting your money into unreliable and risky investments, consider real estate.  With these insider tips, you could bring in several hundred -- or even several thousand -- "extra" dollars a month ...

Have you ever rented a home or apartment? What was your landlord like? Have you ever pictured yourself in that role? If you get into real estate investing, you could make that dream a reality.It's not easy to start investing in real estate; there are a lot of factors to consider when looking at your first real estate investment.This guide will ...

The top multifamily housing trends in 2020 may surprise you. With the economy going the way it is, mortgage rates heading toward a record low, and millennials ready to buy, there is sure to be a change.It’s no surprise that the COVID-19 pandemic has greatly influenced emerging trends in the housing market. Overall, we can say the vi...

First time investor | What you need to know about real estate investmentReal estate property management is a huge responsibility to take on, and can be overwhelming if you’re new to investing. When you invest into real estate, your goal is to put money to work today and make it grow so you have more money in the future. You have to make...

It seems like everyone in Utah is investing in multi-family homes right now — the authorities issued 465,000 building permits for these homes in 2018 alone — and with good reason. Sure, the stock market provides lucrative returns, but it’s way too volatile. Single-family homes also prove profitable, but there’s too...

Why Investment Property Owners in Utah should consider refinancing through HARP?As most lenders continue to tighten mortgage requirements for investment properties, it has made it impossible for many owners to take advantage of historically low interest rates. As an investor myself, it pained me to continue to pay the mortgage on my rental property...