Las Vegas real estate

[Nick Kingham]

Investment Info:

Single-family residence buy & hold investment in Las Vegas.

Purchase price: $119,000

I bought a single family home, in the middle of the Las Vegas recession market.

What made you interested in investing in this type of deal?

House values were at an all time low and thought it was be a good idea to invest for the long term.

What was the outcome?

I still have this property, the only real maintenance I’ve done is put a new water heater in. It’s been rented for the last 8 years.