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Updated over 3 years ago on . Most recent reply
rental investments in nevada
Hi BP community
Are there any positive cashflow rental investment neighborhoods in nevada? I am looking to invest upto 400k in a buy and hold property but want the rental to pay for mtge+expenses(property mngmnt) and provide marginal cashflow. I am looking for class A/A- areas that rent easily. Would love to get your feedback on zip codes to look in!
thanks
Most Popular Reply
I'm from NYC too! Moved to Vegas in 2011 to start buying real estate. Started in Vegas with SFR than bought my first MF in 2015. It did so well I 1031'ed all my SFRs into MF successfully (12 houses each one 1031'ed. Still can't believe I managed it). It's a mix of land, fourplexes and larger. In the middle of refinancing all the properties right now with a few different lenders to continue buying but the market right now is a bit insane...