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Updated about 7 years ago on . Most recent reply

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Ernie Castaneda
  • Monterey Park, Ca
0
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Buying first property

Ernie Castaneda
  • Monterey Park, Ca
Posted
I live in Monterey Park CA, With house prices in CA don’t see doing my first home purchase here, so I’ve been looking at property’s in Las Vegas prices are very tempting but not sure. Look for advice where to start and if Vegas would be a good place to start

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379
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Louis Davis
  • Flipper/Rehabber
  • El Paso, TX
201
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379
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Louis Davis
  • Flipper/Rehabber
  • El Paso, TX
Replied

Just wanted to chime in @Nathan Platter @Ernie Castaneda@Brian Schmelzlen  I have been wholesaling and flipping in the Vegas market for about 8 years now. The best advice I can always give is to start off in your own backyard so that you can get a feel for running the numbers. Vegas market at this time is more of a sellers market and people are paying way more than they should for properties. Unless you have a good source for finding properties where there is absolutely zero competition (like I do) it will be an uphill battle and as long as your ready for that then jump in. But the techniques and strategies are the same as finding a property in your own backyard so why not start there? 

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