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Updated over 8 years ago,
Buy and hold in las vegas
hello everyone , well this is more a question for las vegas investors so if youre from the las vegas area please chime in.
This year im saving up to have a nice 30k to 40k downpayment for a mfu i will be purchasing that i want to house hack since i feel this would be my best stepping stone.
However lately ive kindve been watching the news, and found out about the pig farms up north closing and leaving the area within 3 years. In the surrounding areas of the pig farm there is some really nice homes. i know alot of the time they have trouble selling due to the foul smell that spreads for miles, especially during the summers. Now with them leaving there will be alot of nice homes in the area that are sure to appreciate, but do you think it will be much? With appreciation considered, do you think it would maybe be a good idea to use that 30 to 40k for down payments. Maybe for 2 or 3 decently nice homes near the farm? Now would be the best time to purchase and i wouldnt mind dealing with the smell if it profits well in 3 to 5 years when they leave. I can live in one and rent out the others im sure i can find a deal near the farm that will cashflow at least a little while i wait for the perfect time to sell.
Or should i stick to getting a mfu and living for free for now? Lol
What are your opinions and thoughts of the areas around the farm now and what do you suspect will happen when the farm is gone?