Newbie from CA looking in Las Vegas

[Marysol F.]

Brand new to BP and looking actively in Las Vegas for our first investment income property, buy and hold is my strategy. When we came just two months ago, bidding wars were still a thing. Now realtors are telling us that has stopped and seller credits and longer days on market are now more common. Still seems the properties are pricey, realtor said many folks are realizing they missed the boat and are purposely overpricing their lisitings. I am curious if anyone is active in this market and seeing opportunities, there seems to be an opportunity to take advantage of price dislocation but I don't feel savvy enough yet to identify those opportunities. Thanks and much love for any all thoughts!