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Updated over 3 years ago on . Most recent reply

Jack B.'s profile image
Jack B.'s profile image
Jack B.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Nov 23, 2014
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Jack B.'s profile image
Jack B.'s profile image
Jack B.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Nov 23, 2014
Connect
Jack B.
  • Rental Property Investor
  • Seattle, WA
1,045
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Las Vegas Real Estate Forum

Found a property in LV but worried about peak

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can buy a house with more cash flow in the greater Seattle area even now, where we aren't a service economy like LV.

Buy or wait? 

Las Vegas, Nevada
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