Best Practices to find and purchase a rental Property
When it comes to real estate investing in Utah, having the right team and strategy makes all the difference. In our latest video, Jeff from Kasteel Property Management sits down with Deena Stinson, Principal Broker and Owner of Stonebridge Real Estate, to talk about what makes a great investment property, when to consider selling or reinvesting, and how to make your money work smarter — not harder.
Experience That Matters
With over two decades in Utah real estate, Deena brings valuable insight from both mortgage and sales experience. Her focus on long-term, stable investments aligns perfectly with Kasteel Property Management’s mission: protecting your investment and helping it perform for years to come.
What Makes a Good Rental Property
A 1031 exchange lets investors sell one property and buy another while deferring capital gains taxes — keeping more equity working for you. It’s a powerful way to upgrade your portfolio and boost long-term returns.
Why Simple Often Means Smarter
Condos and townhomes with HOA coverage can make great rentals for hands-off investors. While there’s a monthly fee, HOAs often handle exterior maintenance, landscaping, and even amenities — meaning fewer emergencies and surprise expenses.
Investing Made Easier
With modern tools like virtual tours and digital signing, investors can now buy and manage properties in Utah from anywhere. Deena’s team helps clients close deals remotely, making real estate investing more accessible than ever.
Know Your Numbers — and Your Readiness
Strong investors come prepared with solid down payments (20–25%), reserves for expenses, and the ability to act quickly. As Deena notes, waiting too long can mean missing out — opportunities move fast in today’s market.
Real Estate: The Long Game
Even if cash flow isn’t immediate, real estate remains one of the most proven paths to long-term wealth through appreciation, income, and tax benefits. It’s a tangible investment that grows and pays over time.
Final Thoughts
Success starts with the right guidance.
At Kasteel Property Management, we partner with trusted experts like Stonebridge Real Estate to help you buy, manage, and grow with confidence.
If you’re ready to take your next step, reach out to Deena Stinson or Jeff and the Kasteel team today.
