Investing in Las Vegas NV area

[David Maldonado]

Hi everyone,

I have been successful with my first two house hacks and have built 3 ADUs in California. I am looking to take the leap and invest in the Las Vegas area due to the insane home prices in California. Competition is crazy out here! Buyers are paying over 50k for properties in my area and the numbers don't work for me when considering as an investment property (20% down). In the long-term, I would still like to purchase properties in my hometown in California and build ADU's. ADUs are cash flowing machines, but there are not many financing options for them. Right now I am interested in fix and flips for Las Vegas and slowly build capital to finance ADUs. I am also interested in rentals in Las Vegas, but I am not informed on the market. Are there any local meetups in Las Vegas from Feb 18-21? I will be in Las Vegas visiting a friend and I would like network with others.