Sales · Lending · Rentals

Real Estate Company in Salt Lake City, UT

First Class Realty is a real estate company in Salt Lake City for owners, buyers and investors who want the purchase, the loan and the rental handled by one licensed person. Peter Nguyen has worked with Utah clients since 2017, and he still answers his own phone.

Call (801) 916-9460 Send a message

00 / Start

One Salt Lake City Advisor for the Deal, the Loan and the Lease

Peter Nguyen is a Vietnamese-American licensed real estate broker and mortgage broker, which matters more than it sounds. Most agents and lenders do one of the three, while Peter can find or list the home, finance it, and manage it as a rental once the keys change hands. Fewer handoffs. Fewer people guessing at what the last person promised you.

So if you have been typing real estate agent near me from a Sugar House porch, or trying to figure out what to do with a rental you inherited near the U, start with one call. He will tell you what he would do with the property if it were his, and what it would take.

01 / Rentals

Property Management in Salt Lake City, Run by Someone Who Owns Rentals

Rental demand around the University of Utah keeps good units filled, and it also tests a sloppy process fast. A weak screening, a vague lease or a slow repair shows up within a season. Peter manages rentals the way an investor wants his own managed: tight paperwork up front, rent on a schedule, and repairs handled before a small leak turns into a ceiling.

As a real estate company in Salt Lake City that also writes the loans, First Class Realty looks at your rental as a whole. What the property earns, what it costs to keep, and whether the financing behind it still makes sense a few years in.

Tenant Screening and Utah Lease Drafting

Applications are checked before anyone gets a key, and the lease is drafted for your property instead of pulled off a shelf. Clear terms now save arguments later.

Rent Collection, Cash Included

Some tenants pay electronically, some pay in cash. Peter collects both and keeps a clean record, which is something plenty of managers simply refuse to do.

Section 8 Tenants and Airbnb Units

Owners who rent through the voucher program get Section 8 property management that keeps up with inspections and paperwork. Short-term units get Airbnb management, including listing setup and guest turnover.

Repairs on Older Sugar House and Avenues Homes

The older housing stock in Sugar House and the Avenues has charm and, sometimes, a long repair list. Maintenance is coordinated and reported to you, so you decide on bigger fixes with the facts in hand.

02 / Invest

Duplex and Fourplex Investing on the Salt Lake Address Grid

Salt Lake streets are numbered from Temple Square, so an address like 900 South or 1300 East tells you how many blocks out and which direction a building sits. Investors who learn the grid compare a duplex on one side of town to a fourplex on the other in about a minute.

Peter helps you buy the investment property that fits your plan, whether that is a first duplex where you live in one unit or a fourplex bought purely for cash flow. For owners thinking bigger, he also consults on multifamily development, from land and permits through the final sale. A 26-unit project is one real example.

03 / Finance

DSCR and Creative Financing for Salt Lake Rentals

Peter Nguyen, NMLS 2534713, brokers mortgages and is licensed for lending in all 50 states. For rental buyers, the program that comes up most is DSCR loans. In plain terms, the lender qualifies the loan on the rent the property is expected to bring in, not on your W-2.

Bank statement and P&L-only. For self-employed buyers, bank statement loans look at 12 to 24 months of deposits instead of tax returns.
Asset-based. Qualifying on savings, retirement or investment accounts rather than a paycheck.
Seller financing and assumable loans. With seller financing, the seller acts as the bank for part of the price. An assumable loan lets you take over the seller's existing mortgage when the loan allows it.
Bridge loans. Short-term money that covers the gap when you buy the next property before the current one sells.

Every program has its own qualification rules. Peter explains who each one fits and what paperwork it needs before you commit to anything.

04 / Buy & Sell

Buyer Representation and Listings in Salt Lake City Neighborhoods

A good buyer's agent earns the fee by knowing what to walk away from. Peter works as your buyer's agent on everything from a first-time home buyer's condo to an older home in the Avenues that needs a plan, and he will tell you when new construction homes outside the core make more sense for your budget and patience.

Sellers get the same plain talk. If your next thought is sell my house and move on, Peter prices it, lists it and shows you what the numbers look like if you kept it as a rental instead. Sometimes keeping wins.

05 / Fit

Why Salt Lake City Owners Hand Peter the Keys

A boutique brokerage, not a volume shop. You deal with Peter, start to finish.
Sales, lending and management under one roof, so nothing gets lost between offices.
A Vietnamese realtor for families who would rather talk through a big decision in Vietnamese.
Open 9am to 9pm daily, with missed calls returned within one hour.
An office in Sandy for anyone who would rather sit down in person.

First in trust. First in class. That is the standard Peter holds as a real estate company in Salt Lake City, and it is why clients come back for the second property.

06 / Area

Salt Lake City and the Communities Next Door

Most of Peter's Salt Lake work stays inside city limits, but rentals and buyers rarely respect a boundary. He also covers these neighbors:

Salt Lake City Sales, rentals and investor financing across the grid.
Millcreek Long-held homes and keep-or-sell decisions, covered on the Millcreek page.
West Valley City Multi-family and Section 8 owners, with more on real estate in West Valley City.
South Salt Lake Rental buyers and owners who want a manager close by.
Holladay Buyers and sellers who want the loan and the listing in one place.
North Salt Lake Purchases, refinances and rentals north of downtown.

07 / Answers

Salt Lake City Real Estate and Rental Questions

Does First Class Realty manage rentals near the University of Utah?

Yes. As a real estate company in Salt Lake City that manages what it sells, First Class Realty handles long-term rentals across the city, including homes and small multi-unit buildings near the University of Utah. That covers tenant screening, the lease, rent collection and maintenance coordination, so the owner is not the one taking the late-night call.

What does a property manager in Salt Lake City actually handle for me?

Screening applicants, drafting the lease, collecting rent (cash included), coordinating repairs and keeping the paperwork straight. Peter also manages Section 8 tenancies and Airbnb units, so one owner with a mix of rentals can keep it all with one manager.

Can I buy a Salt Lake City duplex with a DSCR loan?

Often, yes. A DSCR loan qualifies the purchase on the rent the property is expected to bring in rather than on your personal income. Peter looks at the rent picture and the property first, then explains which programs fit and what documents the lender will ask for.

How does the Salt Lake address grid help when I compare homes?

Streets are numbered outward from Temple Square, so an address tells you roughly how far a home sits from downtown and in which direction. It makes comparing two listings across town quicker, and Peter uses it to keep a short list honest.

Do older homes in Sugar House or the Avenues cost more to manage?

They can need more attention. Older housing stock tends to call for more maintenance coordination over time, and Peter budgets for that conversation before you buy or before he takes on management, not after the first repair bill.

Can I get a mortgage if I am self-employed?

Yes. Instead of tax returns, a bank statement program qualifies you on 12 to 24 months of deposits, and profit-and-loss-only and asset-based programs exist for other situations. Peter walks through which documents each one needs before you apply.

Does Peter work with clients in Vietnamese?

Yes. Peter is Vietnamese-American and works in English or Vietnamese, from the first showing through the loan file and, if you rent the home out, the management agreement.

How fast will I hear back after I call?

The office answers from 9am to 9pm, seven days a week. If Peter misses your call, it is returned within one hour.

Talk Through Your Salt Lake City Property With Peter

Buying, selling, refinancing or handing off a rental, the first call costs nothing. If you have been comparing every real estate agent near me result on your phone, add one more to the list: a real estate company Salt Lake City owners can reach seven days a week, where the person who answers is the person doing the work.

Call (801) 916-9460 Contact Peter