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Updated about 7 years ago on . Most recent reply

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Richard West
  • Investor
  • Las Vegas, NV
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Las Vegas Market | How much further to go and when will it Bust?

Richard West
  • Investor
  • Las Vegas, NV
Posted

It's been awhile since I've been on here! 

Curious thoughts on Las Vegas market - I'm looking for a live-in home...   Little background.  Had owned a So Cal condo and a bad investment in a remote TN property that unfortunately got foreclosed on when I wasn't working for some time, and I had to get rid of the condo at the same time.   The rebuy period ended this summer -- I would of loved to grab a property several years ago but was blocked from doing so due to the foreclosure.. 

Now I'm pondering whether to wait until the market drops again or grab something now while it's still rising... Thoughts? 

I was intending to get a 4-5 bedroom house and rent out 2-3 rooms w/Airbnb which I'm doing now in our spare Apartment room and already have a 5-star reputation and such established...   

Most Popular Reply

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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
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2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

I wouldn't make large financial plans around a theoretical market correction of unknown time, and unknown impact.

If you're in it for the long haul then Vegas is a great place to move. I moved here early 2017 and it's far exceeded my expectations.

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