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I agree with this, it's all about the deal, be patient.

My Dad has never bought any land or a house his whole life (just rented, we moved a lot). This past year he was approached by the guy that owns the 25 acres of land next to and around the house he is currently renting and offered him all of it for $300 an acre. ****ing steal.

$300 an acre? Is this land on the moon by any chance?
 
No, just in the middle of nowhere about 25 minutes from Mexico.

I'm fantasizing about a massive land for a few thousand dollars now. I think I'm gonna look into that. Even if it's in the middle of nowhere, it might be a nice getaway. I can probably build something there myself. Slowly, whenever I have the time.
 
I just sold my house in Provo and am actively looking for a house in SLC. I made a decent amount from the sell of my house.

Right now is definitely a sellers market in Utah. Houses in SLC are a little spendy. I am trying to find something as close to downtown as feasible. I would really like to find a fixer upper since I enjoy working on houses and prefer to remodel it my way. The are kind of hard to find since everyone and their damn dog are trying to flip houses right now. Lots of the houses I am looking at are recently remodeled and not that well and are over the fair market value by at least 10 percent or much higher.
 
I'm fantasizing about a massive land for a few thousand dollars now. I think I'm gonna look into that. Even if it's in the middle of nowhere, it might be a nice getaway. I can probably build something there myself. Slowly, whenever I have the time.

Plenty of open land around here.
 
I'm fantasizing about a massive land for a few thousand dollars now. I think I'm gonna look into that. Even if it's in the middle of nowhere, it might be a nice getaway. I can probably build something there myself. Slowly, whenever I have the time.

I have 160 acres in the middle of nowhere. I go there to shoot and stargaze. Nearest streetlight is about 50 miles away. Eventually I hope to drill a well and build a small cabin.
 
I just sold my house in Provo and am actively looking for a house in SLC. I made a decent amount from the sell of my house.

Right now is definitely a sellers market in Utah. Houses in SLC are a little spendy. I am trying to find something as close to downtown as feasible. I would really like to find a fixer upper since I enjoy working on houses and prefer to remodel it my way. The are kind of hard to find since everyone and their damn dog are trying to flip houses right now. Lots of the houses I am looking at are recently remodeled and not that well and are over the fair market value by at least 10 percent or much higher.

I'd recommend Liberty Wells or Marmalade district if you're looking for value without living on the west side. I live in Liberty Wells. It's like 1300 south to 2100 S and from State to 700 E. Working class with mostly single family homes. Most people care but there are some **** holes. Marmalade is a really small area. It runs from the capitol to 3rd west and North temple to 800 N. Really the only other options within the city are to head East and pay a lot more or head west and probably regret it. Another option that I think would be totally worth the little bit of extra dough is Immigration canyon. There are some quaint mountain homes up there minutes from downtown. If you keep heading east past Hogle Zoo you head up Immigration canyon.
 
I'd recommend Liberty Wells or Marmalade district if you're looking for value without living on the west side. I live in Liberty Wells. It's like 1300 south to 2100 S and from State to 700 E. Working class with mostly single family homes. Most people care but there are some **** holes. Marmalade is a really small area. It runs from the capitol to 3rd west and North temple to 800 N. Really the only other options within the city are to head East and pay a lot more or head west and probably regret it. Another option that I think would be totally worth the little bit of extra dough is Immigration canyon. There are some quaint mountain homes up there minutes from downtown. If you keep heading east past Hogle Zoo you head up Immigration canyon.

West Side For Life Bitches!!!!!!!!!!!!!!!!!!!!!!
 
357S Glendale St

84104 SLC, UT

Go there! Greatness lived there!
 
I'd recommend Liberty Wells or Marmalade district if you're looking for value without living on the west side. I live in Liberty Wells. It's like 1300 south to 2100 S and from State to 700 E. Working class with mostly single family homes. Most people care but there are some **** holes. Marmalade is a really small area. It runs from the capitol to 3rd west and North temple to 800 N. Really the only other options within the city are to head East and pay a lot more or head west and probably regret it. Another option that I think would be totally worth the little bit of extra dough is Immigration canyon. There are some quaint mountain homes up there minutes from downtown. If you keep heading east past Hogle Zoo you head up Immigration canyon.

I think some of Rose Park is actually pretty decent.

By the way, I've been looking at lands websites since you made the previous post. I see a lot of options in Box Elder county that go for cheap. Check this for example:

https://www.landsofutah.com/utah/land-for-sale/40-acres-in-Box-Elder-County-Utah/id/2330254

40 acres for $10k! That's crazy cheap. I'm looking for a place with nice hiking, night skies, and scenery. Also would be a big plus if I can build a cabin. Give me some recommendations please. :D
 
That should be a fun real estate market to be in for the next few years while oil figures out its bottom.

How so? I mean how will oil prices affect housing and commercial properties? I guess if gas drops below $2 a gallon as some speculated that I could buy my choice of house in vernal if I was a cash Buyer. But what else?

I thought we were in another bubble caused by a combination of artificially low rates, banks absorbing an extrodinary amount of inventory after the 2008-2009 crash, and the over abundance of flippers. I heard Vegas and Phoenix were already crashing, but that was just heresay...I haven't looked myself.
 
I'm gunna go out on a limb here and say that you moved out of Glendale.

When I was a kid there Glendale was considered the nice neighborhood. I didn't live in Glendale. Glendale was a suburb. I lived across the street from an air conditioning repair company and my street ended at I-80. The houses in Glendale were made out of brick.
 
Be sure to set up camera to catch them dumping your garbage, shooting your windows with pellet guns, spelling the phrase **** YOU on your lawn with weed killer, stealing your garden hose repeatedly, etc. Ad nauseum.

And crawling across the lawn in full camo gear with the express purpose of shooting you down, then putting a few more in your head to make sure you don't survive.

AS for the OP, think LONG and HARD (and I know so many jokes could be made about that) before buying for the purpose of renting a property out. Find a good tenant, you are set. But end up with a bad one and it can ruin you financially. You could end up spending thousands in repair costs, legal fees and go for 6 months or even 1 year before successfully evicting a dead beat (even if they are not paying rent).
 
How so? I mean how will oil prices affect housing and commercial properties? I guess if gas drops below $2 a gallon as some speculated that I could buy my choice of house in vernal if I was a cash Buyer. But what else?

I thought we were in another bubble caused by a combination of artificially low rates, banks absorbing an extrodinary amount of inventory after the 2008-2009 crash, and the over abundance of flippers. I heard Vegas and Phoenix were already crashing, but that was just heresay...I haven't looked myself.

I'm talking Houston market specifically since a lot of jobs there are tied up in the oil and mining industries. Oil prices drop, revs drop, market caps drop, high paying jobs get shed and mortgages can't be paid/people have to move away. That type of thing. I know a lot of companies are still holding out hope that prices rebound and so they haven't started making cuts yet to the level they'll need to. If that doesn't happen.....

I don't know though really, I've read about Houston and how they are getting more diversified. But every time I've looked into a company from Houston....say one that's being counted in finance instead of energy.....they are really just financing energy. Still connected.
 
I think some of Rose Park is actually pretty decent.

By the way, I've been looking at lands websites since you made the previous post. I see a lot of options in Box Elder country that go for cheap. Check this for example:

https://www.landsofutah.com/utah/land-for-sale/40-acres-in-Box-Elder-County-Utah/id/2330254

40 acres for $10k! That's crazy cheap. I'm looking for a place with nice hiking, night skies, and scenery. Also would be a big plus if I can build a cabin. Give me some recommendations please. :D

I bought my property out there in my 20's and in many ways I regret my decision. First off I know where that property is (southwest of mine) and I can tell you that the photo of that elk wasn't taken on that property. Pronghorn are out there but that's it as far as big game. Down by Lucin you are getting super close to the salt flats. Any well will likely be unusable. You have to have 160 acres to build anything out there so any less is worthless.When I went out to check out my property before I bought it it was a perfect day. Most days the wind blows like a son of a bitch. Go out more than once before pulling the trigger. It's cool don't get me wrong. It get's true dark when the moon sets and you get to be actually alone. I spent a week out there by myself and I saw two dudes on quads and a couple F-22s. Other than that No sign of people.

Even though I like the property I have and the taxes are only $50 a year if I had to do it again I would have bought a better piece of land.(eventually I will I like having land #landhorder)

1) Buy a property with water rights and a well already dug/irrigation ditch
2) Don't buy the property you linked to. It's too small and kinda sucky.
3) Getting away from civilization is nice but don't go overboard.(as I did) Sometimes it sux to be 100+ miles from the nearest fuel station.
4) Fee simple titles are cool but you should still hire a title insurance company.
5) Water again. Srsly It's a pain in the ***. My bro in law has 80 acres that he lives on in Colorado. He has attempted to drill for water 3 times already and each time has come up dry. Just because your neighbor has a well doesn't mean it will be reasonable for you to drill one. Get a property with a working well with water rights.
6) Bigger is rarely better. Look for a smaller property adjacent to public land, but make sure it is big enough for you to build within local codes.
 
You make money buying real estate when you buy it.
It's entirely about the deal you got. Be patient.
Learn to use sites like realtytrac to get in on foreclosures and pre-foreclosures.

So looking at this site it looks like a bunch of old stuff. Their site seems really behind in their data lots of the stuff is foreclosures from years ago. What do I need to learn or figure out about it to find a good foreclosure or pre-foreclosure on it?

I'd recommend Liberty Wells or Marmalade district if you're looking for value without living on the west side. I live in Liberty Wells. It's like 1300 south to 2100 S and from State to 700 E. Working class with mostly single family homes. Most people care but there are some **** holes. Marmalade is a really small area. It runs from the capitol to 3rd west and North temple to 800 N. Really the only other options within the city are to head East and pay a lot more or head west and probably regret it. Another option that I think would be totally worth the little bit of extra dough is Immigration canyon. There are some quaint mountain homes up there minutes from downtown. If you keep heading east past Hogle Zoo you head up Immigration canyon.

Those are the two neighborhoods I have looked at the most. I have seen a few houses on the west side that I liked and the neighborhoods looked okay but would prefer the East side. Ill have look at the emigration canyon stuff. Mostly I have just seen condos up that way for sale. I would like to to get something in the avenues or central but I think those I am not likely to find something reasonable.
 
I bought my property out there in my 20's and in many ways I regret my decision. First off I know where that property is (southwest of mine) and I can tell you that the photo of that elk wasn't taken on that property. Pronghorn are out there but that's it as far as big game. Down by Lucin you are getting super close to the salt flats. Any well will likely be unusable. You have to have 160 acres to build anything out there so any less is worthless.When I went out to check out my property before I bought it it was a perfect day. Most days the wind blows like a son of a bitch. Go out more than once before pulling the trigger. It's cool don't get me wrong. It get's true dark when the moon sets and you get to be actually alone. I spent a week out there by myself and I saw two dudes on quads and a couple F-22s. Other than that No sign of people.

Even though I like the property I have and the taxes are only $50 a year if I had to do it again I would have bought a better piece of land.(eventually I will I like having land #landhorder)

1) Buy a property with water rights and a well already dug/irrigation ditch
2) Don't buy the property you linked to. It's too small and kinda sucky.
3) Getting away from civilization is nice but don't go overboard.(as I did) Sometimes it sux to be 100+ miles from the nearest fuel station.
4) Fee simple titles are cool but you should still hire a title insurance company.
5) Water again. Srsly It's a pain in the ***. My bro in law has 80 acres that he lives on in Colorado. He has attempted to drill for water 3 times already and each time has come up dry. Just because your neighbor has a well doesn't mean it will be reasonable for you to drill one. Get a property with a working well with water rights.
6) Bigger is rarely better. Look for a smaller property adjacent to public land, but make sure it is big enough for you to build within local codes.

Thanks a lot! I'm really enamored with the idea, and I will be researching in hopes of finding the perfect parcel before the end of the summer. :)
 
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