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Updated over 9 years ago,
Multi-Family Investing in Las Vegas, NV vs. Fresno, CA
Hi All,
I am debating to invest in multi-family home between Fresno, CA and Las Vegas, NV. For the same price range (up to 200k). Vegas has a lot of inventory comparing to Fresno. This makes me wonder why so many investors or owners want to sell their properties as these bring positive cash flow. Is it due to high vacancy rate or bad tenants?
If you own or owned a MFH in Vegas in the last few years, can you please tell me what is your annual vacancy rate?
Thanks,
Phat