All Forum Posts by: Jordan Murrell

I am from Las Vegas and buying deals and brrrr them is kinda hard here due to prices high and rents lower. I am not sure what other markets to invest in. I have been looking into OKC, DFW area and Memphis. My budget is not more than 200k. Any other markets do you all suggest?

Thank you

I purchase property in Memphis TN. It is a great rental market and will fit your budget. It really depends on what you're looking for as an investor. You will need an INCREDIBLE team... An incredible PM thus far is my MVP.

Let me know how I can help.

2 Votes

Las Vegas, Nevada

Quote from @George S freeman:

Quote from @Bruce D. Kowal:

Join a local Meetup group which has local real estate investors.

i'm an otr truck driver from las vegas who is just starting out, how do i find a group

I go to a few real estate meet ups here in Las Vegas. I also purchase property here and out of state. I just sent you a message to connect. Looking forward to speaking with you.

0 Votes

Hi Laureen,

There are a few investor friendly title companies in town. I have used, Ticor, Chicago & Driggs. There are plenty more that would be willing to help.

Let me know how I can help!

0 Votes

Las Vegas, Nevada

Quote from @David Hull:

Georgia/ Ohio/ PA/ NC/ Alabama/ AZ/ CA/ Vegas

These are all areas I’m looking at for this years prop opportunity. Looking to put down 20% down on a $100 - $200K.

Is anyone familiar with investing in these areas? I’ve already got CA covered. Does any realtors or agents have any knowledge about specific counties/ and or areas where you’re starting to see a certain shift?

Interested in connecting with potential realtors and agents to discuss future projection and opportunities when that time is ready. Def all ears! Appreciate the support.

Hi Dave,

I live and work in Las Vegas. As of right now, there are VERY few, if any homes in Vegas in the price point at $100-$200k. I am not an agent, I am in the mortgage business. Let me know how I can help or answers any questions in terms of financing properties here in Nevada.

0 Votes

Bakersfield, California

Hi Lisa,

I agree with Jason. I would look at a cash out refinance. There is also HELOC & HELOAN opportunities for you to use that equity you have built up. It would be a shame to lose that equity you have worked hard for over the years for it to be taken away. A HELOC, is like a credit card. You only pay interest on the amount that you use. I would consider having that equity in your back pocket for uses that seem right for you, paying down debt, down payments for rentals etc etc... Being here in Nevada, things are different here in comparison to the other markets. Our market tends to be hit harder than others, so staying in front of trends is important. Let me know how I can help!

0 Votes

Las Vegas, Nevada

Quote from @Ben Matiella:

Hello all,

I am ready to get started on the real estate investing journey, as I have been educating myself for sometime. I am ready to relocate to Las Vegas from Southern California and have an out of state money partner who wants to invest with me in Nevada. I have a few general questions:

1: is it feasible to do a lot of the deal searching from out of state? I don’t have a regular W2 job (I do have 800+ credit though). It would be easier for me to relocate once we have closed that way I don’t have to rent a place in Nevada.

2: would an LLC be ideal for a partnership on a 4plex? He would be providing the down payment from a retirement account, and I would be making the monthly payments, tenant screening and property management etc.

3. If anyone has general advice: agent referral that has worked with investors like this before. Best neighborhoods for this in LV and zone to avoid etc

thanks!

Hi Ben,

Yes, you can do start search from out of state, it would help having a trusted realtor who will help you find a property in a neighborhood that works for you.

Also, reaching out to a lender and getting prequalified to see what your purchase power will be. That way your new agent will have an idea of what to look for and know that you are able to purchase. Your realtor may require this before you start your search.

Let me know if you need any help!

1 Vote

Las Vegas, Nevada

All Forum Posts by: Jordan Murrell

Jordan Murrell has started 16 posts and replied 155 times.

Post: Rookie REI in Las Vegas looking for connections and groups

Post: Looking to connect with Las Vegas experts in the market

Post: Las Vegas, Nevada Investing

Post: Looking for a good title company/escrow officer in Las Vegas

Post: Finding a hot rental market

Post: brand new to real estate

Post: Investor Friendly Title Companies

Post: Q4 R.E // Looking to meet realtors/ agents

Post: Looking for best options: sell my house or rent it out?

Post: Looking to House hack first 4plex