Is Vegas a good place to start?

[Mike Nguyen]

I am new to the world of investing and interested in investing in real estate. I aim to eventually leave my current employment and pursue real estate investing full-time, achieving financial freedom. I wonder if Las Vegas is a good place to start with a small investment.

[Young Yim]

I started off in Vegas for out of state investing as the Seattle area is too expensive for me and not landlord friendly.

Depends on your goal and position. 

In Vegas, to get positive cash flow from LTR, I had to put down 30% which is quite a bit of capital. I expect the home to appreciate and rents will go up over time. I see a lot of continual upside for Vegas and I grew up there so I have am comfortable and familiar with the area. My strategy is buy and hold. I would be curious to hear if other investors in Vegas took a different approach that's also lucrative.

Not sure what a "small investment" means to you, but if you want to deploy a different strategy I wonder if there are different markets to pursue. I think Vegas is a build up your portfolio over time type of city as it appreciates. I've been reading on the forums that OH could be a great place to explore for smaller investments for higher returns.