Buying a second property

[Ronnie Talledo]

Hi everyone:

I'm looking into buying my second property, I bought my first property in CA on April 2020 and have about 175k in equity at the moment, I'm really motivated to buy my second property this year using either my VA loan or do a HELOC (still need to decide which one makes the more sense). Can't find anything reasonable to buy in CA that will get me into a positive cash flow right now, so my other options in buying a multi family or even a quadruplex are in Las Vegas, does anybody has experience with the rental market over there? what are some of the areas that are going up on equity or bringing a positive return.

[Conner Olsen]

@Ronnie Talledo I rent my property monthly on Airbnb. This allows me to double my rents. I'm not sure I would recommend that in CA because of the tenant laws, but might work in NV!