Hi! Looking to expand my investment portfolio

[Alev G.]

Hi everyone, 

I'm new to the BP community. I listen to the podcast and the Real Estate Rookie pretty religiously. I have one property that is a 4plex in Carson City, NV. I closed in late 2022 and have had a journey since that hasn't allowed me to make any more moves but this year I'd like to get buy my next property. My niche is buy & hold multiplexes. I bought my first property with no knowledge or history and out of state. I really trusted my agent and knew several people who had invested in Reno so I took the leap after trying and failing for years to buy my own home in really high cost cities where I lived (NYC, DC, SF Bay area). 

Now I'm in learning mode as I'd like to build my own mini real estate empire and want to be better informed for my next deal. 

Cheers!
Alev

[Bradley Buxton]

@Alev G.

Analyzing deals can be the most stressful part because of the assumptions that have to be made and there are so many unknowns that can change a deal from good to disaster.  If you're looking for local data in northern NV check out Address Income there is a rental map with hyper-local rents to use for your underwriting. Happy to share other references and resources in the area.