Brian Olsen, Your Utah Realtor
Increase Your Confidence and Reduce Your Risk
We are so excited for the annual Coldwell Banker Lindon Pool party this August! Let me know if you’d like to join us for this years event! Come enjoy the FloRider and have some fun in the sun! Hope to see you there!
We are so excited for the annual Coldwell Banker Lindon Pool party this August. Who will win the “Lily-Pad Race” competition this year? Let me know if you’d like an invite, we hope to see you there!
Great Opportunity this morning to attend the 2019 Justice Rising Breakfast with “and Justice for all”.
Happy 20th Anniversary to a great organization. Hiring an attorney can be nerve-racking. However, when you need an attorney to represent you, they can also replace despair with peace and hope. Your attorney is there to serve your best interests.
“and Justice for all” is a non-profit that provides legal services, free of charge, to “…for Utahs most vulnerable citizens – people living in poverty, individuals with disabilities, veterans, seniors, minorities and victims of domestic violence.”
If you or anyone you know needs legal assistance contact this organization and see if they are able to assist you.
Here is some information about their stats for 2018. It is very impressive to see how much $1.00 donation provides in return.
Thanks to the Coldwell Banker Foundation for contributing to this great organization.
We enjoy playing golf in the beautiful state of Utah. There are so many great things about living here! Contact me if you are interested in moving here!
I love Cedar Hills, it’s a great city! They’ve set it up beautifully with a park in the middle. If you’re looking for somewhere to live, the Cedars area is a wonderful development.
There’s a beautiful area near the golf course and many of the homes have such gorgeous views as you stretch to the outside of the Cedars. There are also a lot of family-oriented communities with some larger second homes.
There’s some great retail in the area as well as places to explore through Timpanogos Highway and American Fork Canyon.
If you are looking for a contemporary home in a gorgeous location, there are so many options for you in Midway, Utah. What’s your favorite thing about Utah?
During the winter there are beautiful ice castles that people from all over come to see. It’s a true winter wonderland.
The architecture throughout the area sets the scene for the most beautiful festival you’ll ever attend. Head over to the wonderful site visitutah for some more information about what to expect at each year’s event!
3. Place to Escape
Contact me today for a list of similar properties in the area!
I had an interesting conversation with a nice man while in Victory Ranch the morning I recorded this video. He said last year they did 40 homes in Victory Ranch development. They build custom homes everywhere across the area.
A few other areas to consider are Red Ledges down in Heber and the Crossings. There are so many things happening in all of Wasatch County for those interested in Real Estate.
If you have any questions about the market and where prices are at today and where things are going just let me know. Get in touch and I’m happy to give you some numbers, let you know what your value is for your property, or if you’re looking to buy what the market value is currently. I am here to help. Take Care!
Are you considering whether or not to rent out your home?? One of the biggest decisions you need to make is considering property management.
As a realtor, a very common question perspective home buyers ask me is in relation to their options for short-term rentals. “Can I have my own property management take care of the property or do I have to use a designated management company?”
People wonder whether their condo, townhome complex or even the property HOA will allow your own property management with short term rentals. This is something you should also consider!
If you can use your own property management, that’s what I would suggest. Here are two reasons why
1. More Money
2. More Control
More Money
For the income, you’re going to make more money, in fact, this is the primary reason why I would manage your own rental property.
More Control
You know what is going on. You are in control of what is going on. You are in charge.
What using your own property management might look like…
So if you do have a property and are considering short term rental, here is how one of my former clients does it!
This client does all of his rentals through VRBO. He has hired a couple to take care of the cleaning and maintenance of the place. If there is an issue with the renters they will call him directly, but then he gets a hold of his maintenance team who is on call to go unplug the toilet or whatever.
He gets all of the requests for the dates to rent, so he manages all of that. He also makes sure that they get the key to the renters.
However, as far as the money goes, he says he expects and he has gotten between 10-12% on his money and so that’s a pretty good return.
Using the property’s management company….
Now like with the lodges here at Deer Valley where you don’t have a choice, if you’re going to rent your place you have to let it go into the rental pool. The management company will just take care of it all, you don’t even know when it’s rented. I guess you could find out, but they take care of coordinating the rental, they take care of taking care of the people, the concierge. You know what your income is on that. (The split on The Lodge’s is 53% goes to the owner)
So anyway, to put it simply those are your two choices.
If you can use your own property management company then you’ll put more time into it, but you’ll net more money.
If there is an on-site or a designated property management company then you’ll save time, you won’t have to deal with everything, but you won’t get as much income.
If you have any questions let me know! I am happy to help you if you have a question about any of this just give me a call, I’d love to help you! Take care.
