Mitchell Tate Investment Realtor

11/03/2024

Hey Family and Friends! If you know anyone looking to move into a prime area of Pleasant Grove, right next to the new Cook Family Park, this is the perfect home—with a monthly payment of just $1,475. Seller financing available!

Mitchell Tate
CFI Realty
801-919-5777

This 7 bedroom, 3.00 bathroom, 3290 square foot home is located at 655 W 1100 N Pleasant Grove UT 84062. The home was built in 2003 and is listed for sale at $797,650

09/18/2024

People often ask me, "How do you manage to own multiple properties? You must make a lot of money." Honestly, that’s not the case. It’s more about strategy than income. If you’re interested in learning how to start building long-term wealth, just reach out. I believe in sharing knowledge, not keeping it to myself.

So if you’ve been thinking about it and want to chat—whether it’s over a call, lunch, pickleball, or golf—I’d be happy to help you get started.

09/12/2024

I’m curious how many people have unfinished basement apartments they could be renting for extra income but haven’t been able to complete yet. If this sounds like you, I’d love to hear what’s been holding you back from getting it done?

09/06/2024

Where are my first-time homebuyers? This is just one of many fantastic opportunities to own a home! Whether you and your spouse have a combined pre-tax income of around $6,000 or you're self-employed with lots of write-offs, we’ve got you covered. With a mortgage payment under $2,000, over $500 goes toward building equity each month—far less than what you’d pay in rent. And if market trends hold, you could gain over $150,000 in equity within 5 years. The best time to buy real estate? Always yesterday! If the numbers seem confusing, I’m happy to break it down for you—just check out the link below!
https://share.rentix.io/api/v1/public/properties/66db56cebfa10ec7caf58b32/share

08/26/2024

Beautiful single-family home in a great Ogden neighborhood—offering seller financing! Price: $465,000 with $35,000 down at 5.6% interest. This 3 bed, 2 bath, 1600 sq ft home features vaulted ceilings, a new top-tier furnace, tankless water heater, and AC. The current owner also has an assumable FHA loan. It's off-market for one more week—reach out before it hits the MLS. For more info, text me.
Mitch Tate
R and R Realty
801-919-5777

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08/19/2024

Question for everyone: As a Realtor, I’m convinced that staging a home to look its best has a significant impact on the offers you receive. I’d love to hear from other realtors and anyone who’s ever bought a home how much do you think staging affects buying decisions? Personally, I believe it can greatly influence the offers and the price buyers are willing to pay if they can picture themselves living in the space. What are your thoughts?

08/13/2024

Attention Investors: If you have $30,000 to $200,000 and are interested in real estate opportunities with potential returns of 20%-50%, message me to learn more about what we’re working on.

07/03/2024

Hey everyone! Who's ready for their next investment opportunity? Whether you're looking to fix and flip or fix and hold, this property is full of potential! It includes a second attached unit that can be rented out, adding extra value.

If you have $400,000 in cash and are interested in learning how you can get all your money back in just 6 months, plus enjoy over 40% ROI in the first year, let's chat! Send me a DM—I’d love to walk you through an effective strategy to make this happen.

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06/14/2024

I’ve been talking with many homeowners who have mortgages at low rates around 2%, and they’ve said they can’t imagine buying right now. I understand that sentiment, but consider this scenario:

Let's say your current mortgage payment is under $2000 per month. If you rent out your current home, you could get $3000 per month. Now, you buy a new home with 3-5% down and a 6.8% rate. This new home has an ADU that can rent for $1800 per month, leaving you with a remaining mortgage payment of around $2500.

By applying the $1000 cash flow from your first home to your new home, you end up paying $500 less per month than your first home with a 2% rate, while also building long-term wealth.

This example is based on a new build available right now, featuring a 5 bed, 3 bath main house and a 3 bed, 1 bath basement rental. I’m here to help answer any questions and assist you in taking this next step.

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06/03/2024

Looking for an end buyer for a fix and flip project in Orem. This opportunity likely requires a hard money loan unless you have around $600k in cash. Check out the link for scenarios showing the ARV and profit potential with cash or a hard money loan at 12% interest. It's a larger project, so it's not recommended for first-time flippers.

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05/23/2024

🏡 Don't Wait: Why Now is the Right Time to Invest in Real Estate! 🚀

Are you hesitating to invest in real estate because interest rates are high? Here's why buying now still makes sense:

💼 Wealth Building Opportunity: Even with high interest rates, real estate investment offers the potential for long-term wealth accumulation. Property values tend to appreciate over time, allowing investors to build equity and secure their financial future.

🏠 Start Small, Dream Big: Many people believe they need a significant amount of money to get started in real estate investing. However, my wife and I began our journey with our first investment when I was earning just over 50K a year. It's not about how much you have; it's about taking that first step and leveraging what you do have to start building your investment portfolio.

💡 Expert Guidance Matters: Finding a realtor who specializes in real estate investment is crucial. While a family friend may mean well, they may not have the expertise needed to navigate the complexities of real estate investing. Working with a knowledgeable realtor can help you identify opportunities, negotiate deals, and maximize your investment potential.

🚀 Take Action Today: Don't let high interest rates or misconceptions about money hold you back from realizing your real estate investment goals. With the right guidance and mindset, now is the perfect time to start building your real estate empire.

Ready to take the first step? Reach out to discuss your real estate investment aspirations and let's turn your dreams into reality!

05/17/2024

I wanted to share an exciting investment opportunity with you. We have a property in Eagle Mountain that includes an Accessory Dwelling Unit (ADU). This property is perfect for investors looking to maximize their returns through rental income.

Here are the key highlights:

Dual Income Potential: The main property and ADU can both be rented out, providing multiple revenue streams.
ADU Income: The ADU has significant rental potential, enhancing the overall ROI.
Desirable Location: Eagle Mountain is a growing area with high demand for rental properties.
Detailed Financials: The attached link provides a clear picture of the property’s financials and rental projections.

4115 E Clubhouse Lane Eagle Mountain UT 84005