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Updated over 3 years ago on . Most recent reply
Northern Nevada Cash flow
Hello, I live overseas but I am moving back home to Reno in the next couple months! I will need to buy a place to live and have it as an owner occupied investment property.
Who is investing/flipping in Northern Nevada in the current market with success? The deals I am seeing on the MLS make it look like it is an impossible market but I am sure that is not the case!
Any thoughts or connections in the market to get the ball rolling before I move would be greatly appreciated!
Cheers,
Bradley Cladianos
Most Popular Reply
@Bradley Cladianos I’m unclear as to what you’re looking to do as generally you purchase as owner occupied OR as an investor which would be tenant occupied. Are you interested in a multi-family where you would live in one unit? There are a handful of those for under $500K but most are converted single family homes. As mentioned above rates are at an all time low and the housing shortage is driving prices up- I wouldn’t wait to long as I see that as continuing with all the new tech jobs coming to Reno. Good luck!