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Updated almost 7 years ago on . Most recent reply

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Nicholas Martin
  • Las vegas, Nv
2
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5
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I’m having a hard time finding deals as of late

Nicholas Martin
  • Las vegas, Nv
Posted

I am a SFR investor and have been able to accumulate 5 houses in the valley. I bought most of them between 2014- early 2017. I am feeling as of late that it is getting increasingly harder to find more deals in our hot Las Vegas market at the moment. Is anyone in Vegas having success with Deal flow right now and do you think I should start looking more in other markets?

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Michaela G.
  • Investor
  • Atlanta, GA
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Michaela G.
  • Investor
  • Atlanta, GA
Replied

While I don't know the Las Vegas market, I think that many markets prove themselves to be difficult for good buys for investors right now. 

I would not say to go to a different market, but to be open to coming up with different strategies. You don't have to keep accumulating SFR.

Maybe this is a good time to buy vacant infill lots and sell them to spec builders? I've always found new ways to change what I was doing and once you're willing to let go of any set ideas, you might find other paths to take. 

To the man who only has a hammer, everything looks like a nail.

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