Looking for second home in Vegas

[Joshua Wentz]

Hello, 

I'm new to BP and I love learning about real estate and investing. I've saved about $75k over the past few years and now interested and ready in acquiring my second property. 

I was planning on buying a home in Big Bear, CA as a vacation rental. However, over the past two years, I've seen the supply increase so exponentially, that it's no longer a good or safe investment for STRs.

I decided to switch directions and look on long-term rentals in Las Vegas, NV instead. I've found some decent investment opportunities but the lending rates are so obnoxiously high right now, that it doesn't make sense to me. 

I'm continuing to save with hopes that the right deal will come along this year. 

Thanks for teaching me so much so far!

Josh