investment properties: One Mile from UVU - New Home & 2 Bed Basement Apartment in Orem Utah - 09/22/23 02:58 PM
For those who are looking for a brand new home (with a two bedroom apartment in the basement) one mile from the UVU campus- this is your chance.
It was in contract for $843K but is available now at $810k.
Also- the builder will pay for your 2/1 rate buy down as well as the title policy. 
3,912 sq ft - 6 bed - 3.5 bath - fireplace - 2 laundry rooms, 2 kitchens
2 car garage with RV Pad. Separate entrance for your basement renters.
$182k in builder upgrades.
I'm working for the builder- if you need details, let me know.
chuck@newhouseutah.com
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Chuck Willman specializes in Utah new … (7 comments)

investment properties: Finding Properties that aren't on the MLS - 04/09/14 05:15 AM
A majority of my time is spent finding properties for investors.
Most of these properties are not listed on the multiple listing service.
These are properties found through a variety of means, including:
Wholesalers Trustee Sales Probate Private Party sales Auctions Even when there is a large inventory on the MLS, there will always be investors searching for below-market deals. So, it's as if the inventory will never meet the demand of the investor market.
If you'd like to know more about the services I provide, let me know.
Although many of my investors typically purchase with cash, there are also … (4 comments)

investment properties: Real Estate Investing - Phoenix Real Estate Auctions - 11/08/09 03:09 AM
Real estate investing has always required a little bit of foresight and a modicum of due diligence.
The process has, over the past few decades, been made somewhat easier by the knowledge that time heals all real estate wounds
In other words- even bad deals could be fixed by cost of living adjustments and growth.
Land, being a scarce object, would increase in value because you can't make more of it.
Time is the unknown.
How much time does it take for a property to increase in value?
Now- the time factor has a warp to it.
Some properties are not … (7 comments)

investment properties: Contracts in 24 Hours? In Arizona? In This Day and Age? - 01/12/09 05:56 AM
I've said it before... there's no such thing as one market. [Q. How's the Market ... A. Which One?]
I like to focus on areas that show the most potential for those who bargain hunt. That means I spend a great deal of time finding properties for first time home buyers and investors. The first-timers want as much home as they can afford that is as close to work, family, friends, etc. as possible. The investors want a bargain home that they can rent or flip.
Since there is so much inventory on the market today, we usually have no problem … (11 comments)

investment properties: Crunching The Numbers- "Late 2008" Style - 10/14/08 01:35 PM
While buying my first car, the salesman said, "let's crunch the numbers."
I don't know why, but this phrase has never induced any sort of comfort in me. It's a cringe-worthy phrase that sounds like it comes straight from a salesman's seminar.
However- "knowing" the numbers is essential to any buying experience. No one wants to make a financial decision without knowledge that the purchase will be a sound one.
Until recently, "Crunching the numbers" has not been an overly difficult exercise.
When I work with people who want to buy investment property they tend to have a small set of … (8 comments)

investment properties: Unlisted Investment Properties - 06/14/08 06:17 AM
One of the little known secrets of real estate is that there are agents who have a significant portfolio of investment properties that are not be listed.
You won't find them on the MLS or any website.
Why would this be? Here's a partial list:
Sellers don't want to the publicity. They will ask an agent to "get the word out" and see if they can reach a private settlement. The properties require a great deal of due diligence. Some properties are off the beaten path. They may have beautiful scenery or might be located in areas that have no sales … (8 comments)

investment properties: Is the Investor Window Slowly Closing on Canada? - 05/01/08 12:57 PM

Please don't read too much into the title.
The investor window never shuts... but some opportunities grow colder with a changing market.
Which brings us to Canada.
A few months ago the Canadians had this edge over their neighbors in the states:
Stronger currency Hotter market  Rising home prices Fast forward to now:
Falling currency (Largest fall in six weeks) Simmering market (Slowing economic growth) Potential for falling home prices Canadians have rushed to my area in droves...
...they've purchased second homes in the Arizona sunshine.
Our low prices combined with their strong currency made these purchases a huge bargain.
(4 comments)

investment properties: Latest Trends in Arizona's Valley of the Sun Real Estate - 03/01/08 10:44 AM

Here's what has come down the road in my little area of the world (Phoenix Arizona Metro Area):
Buyers are coming to Arizona. We're dealing with more buyers from Canada and the north eastern United States. These are mostly investment buyers who are concentrating on homes that can be purchased and then rented with positive cash flow. Buyers are taking advantage of the Sub $200k market. Here's a great article. Some zip codes are noticing price increases and faster resales. These areas include isolated neighborhoods in $200k+ Scottsdale, Tempe and Northeast Mesa. Some new home builders are banking on the … (3 comments)