rental investments in nevada

[Bhavna Virmani]

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

[Nicholas B.]

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...