Multi Family investing in Las Vegas?

[Ivan Gerrity]

There has been many postings and even a Pdcast on investing in Las Vegas specifically with SF deals,, but I haven't seen much discussion on Multi Family investing there. I just spke with Rich Weese and he suggested starting a post on the pros and cons of the Las Vegas Multifamily market. I'd love to hear from locals about their trials and tribulations. Thanks for your input!

[Troy Fisher]

Ivan Gerrity, rental prices are low, and there's an abundance of rentals. We have a vast inventory of SFH Rentals in the valley.

Why rent a $400 apartment in a bad part of time when you can find a room mate and rent a house for $800?

The Economy is still in the tanker here, and unemployment is still high.

There is still a shadow inventory of homes in foreclosure, people are living for free in their homes, why rent when the bank wont kick them out?