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All Forum Posts by: Bill B.

Bill B. has started 11 posts and replied 7622 times.

Post: Las Vegas for buy and hold?

Bill B.#3 1031 Exchanges ContributorPosted
  • Investor
  • Las Vegas, NV
  • Posts 7,778
  • Votes 9,651

I’ve had a really good experience with Brian Hartsell at key property in Henderson for years. I love buy and hold in Vegas but I bought a dozen home between 2010 and 2014 when they were at least 25% cheaper. I just wanted enough to retire and didn’t have any desire to become an empire. This allows me to clear about $120k/yr before capx. Which in Vegas with 12 homes is usually limited to 1-2 water heaters. An old house in Vegas is usually less than 20 years old. Figure a couple, $2-300 ac repairs and 1-2 appliances. 

There are probably better, heck much better places, but vegas has been very good for what I wanted. Just don’t come looking for small multiplexes, we don’t do them well. 

-Bill

Post: Hello BP! Kruze from Vegas, first post but I've been around BP.

Bill B.#3 1031 Exchanges ContributorPosted
  • Investor
  • Las Vegas, NV
  • Posts 7,778
  • Votes 9,651

Hey John,

You might want to check your documents. I’m 99% sure you had to sign a document 3 days before closing saying you had seen and read the cc&r’s. I’ve signed at least a dozen and it’s never negotiable.