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Updated almost 8 years ago,
Is double digit cash on cash return impossible in the Vegas area?
I have been talking to a few brokers in the Vegas area and they say it is almost impossible to get double digit returns on multi family property in Vegas. Is there any truth to this? I am moving there in the next few months and am starting to look but it doesn't sound very promising for what I am looking for. Will be my first big deal by the way and looking at 16 units or more. Any insight on this? Thanks.....
Be Great~!
Mark