Real Estate investing can be a life changing tool for individuals and families to build wealth through cash flow producing rental properties or flipping houses. This investment vehicle has been a source of wealth for thousands of years, and is a proven method to better yourself financially. However, it has a much higher barrier to entry when compared to other investments like stocks, REITS, or even art thanks to companies like Masterworks. Lenders like Bench Equity make it much easier to buy property, but investors still need to have a well thought out plan before they sign on the dotted line. A key factor to consider is where to invest your limited capital to make sure you get the highest returns. As real estate professionals have said for decades… Location, location, location! Let me tell you why Bench Equity invests in Utah and why we think you should be investing there too.

Over the last decade, Utah has rapidly shifted from an economy largely built around farming, manufacturing, and service industries to a hub for high skilled workers in the big business and tech industries. Lovingly referred to as the “Silicon Slopes,” Utah has seen steady growth in the labor market, increasing home inventory, and increasing home values (8.7% YOY growth as of August 2022). Salt Lake City has consistently ranked in the top 3 best cities for startup businesses, and multiple large companies like Adobe, eBay, Microsoft, and Facebook have built offices in the valley. This increase in the tech sector has brought thousands of high paid workers to the Silicon Slopes that all need (and can afford) housing. Add the presence of 36 colleges and universities in Utah that are all in desperate need of increased student housing with average rent per student hovering around $400-$500 and you have an extremely rich market both for rentals and renovated housing. You can be their landlord while they are in school and sell them their first house when they get hired by Adobe! 

These and many more are the reasons why we are thrilled to dedicate our capital towards developing the Utah Real Estate Investment market. We have already helped hundreds of investors by funding over $1.25 Billion in loans, so you can trust us when we say that we know what you need to successfully invest in Utah. Our rates are the same whether it’s your first deal or your fiftieth, and they stay low thanks to the fact that we are truly a private money lender (not just a middle man relending money we’ve borrowed from the bank). Once you have a property under contract, apply at https://benchequity.com/apply and get an approval back within 24 hours!