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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Nicholas Hernaez
  • Las Vegas, NV
1
Votes |
8
Posts

3bd marketed as a 4bd???

Nicholas Hernaez
  • Las Vegas, NV
Posted
So I’m looking at purchasing my first rental. It’s a 4bd 2ba SFH here in the North Las Vegas area. After the inspection it turns out and addition to the house has blocked off what used to be a window of one of the bedrooms. The inspector told me to be considered a bedroom it has to have a closet and a window. On the assessors page it says 4bd so that addition might not have been permitted. The agent and lender say it’s not an issue but I don’t want to find out later that it can’t be rented out as a 4bd and would be a losing investment. Should I just back out? I’d appreciate any feedback from the veteran investors.

Most Popular Reply

User Stats

1,968
Posts
537
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Phillip Dwyer
  • Real Estate Agent
  • Henderson, NV
537
Votes |
1,968
Posts
Phillip Dwyer
  • Real Estate Agent
  • Henderson, NV
Replied

I'd walk away.  This house has lots of functional obsolescence that can't be easily cured.  

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