All Forum Posts by: Remone R.

@Brandon Carriere its negativity when there’s no positivity. You and her comments were filled with what you call ‘biased’ opinions. Can you prove all 4 units in Vegas are dumps? I actually know some investors that own some in Vegas and California. Never heard they were dumps. Opinions are like a**...nevermind you know the quote. I see now you are also an expert on Vegas properties. Kudos

@Casey Powers you are CLEARLY an expert on Vegas properties and the area so much so that you manage them, but at the same time you 'bash' those who invest in rentals in Vegas? So I'm wondering why do you manage Vegas properties if they're dumps? Yes @Maurice Smith the first time you do something you don't know what you don't know BUT. Advice is like snow-the softer it falls, the longer it dwells upon, and the deeper it sinks into the mind.

Samuel Taylor Coleridge (Another wise person)

@Maurice Smith hey Maurice continue on your quest and take the negative comments with a grain of salt. If you did your research and are ok with the results then keep going. Some of these folks bad mouthing Vegas properties don’t own property there and are even property managers *cough* Casey powers smh I don’t get the negativity at all but I’ll say stay focused and good luck to you

@Aaron Wade you own property so your already winning! Next try upgrading to a 2-4 unit then you’ll see even more benefits. Good luck

@Spencer Cornelia FYI the Phoenix suns may be looking at Seattle or Vegas to move their team. I know some mention statistically sports teams don’t make a city better or property values increase, (which I don’t believe) this could be a very good move you’ve made. Hey if Inglewood California could make way for their new football stadium and get the increase in rents why not Vegas?

@Alexander Felice I was thinking the same thing.

@Casey Powers ok but you can’t prove that his property won’t gain any appreciation because of the sports team. Aside from statistics you post it doesn’t guarantee anything. No one here can guarantee anything in real estate otherwise you wouldn’t be on here posting because you would be making soooooooo much money your time would be better elsewhere. Aside from statistics and how Vegas is a dump and blah blah blah where is the congrats on him working the deal? Being patient to work seller financing? Come on no one hits it big on every property let alone their first one.

@Theo Hicks that is very true I believe we will go the prop mgmt route

Just to give another 2 cents to this post...i understand some have invested in vegas or have known others who have, and you want to ‘caution’ @Spencer Cornelia on this deal But instead of the negative comments why not just congratulate him on the deal? He didn’t make the post asking for advice on how he accomplished this deal. He made the post to share his excItement and to share with everyone how he made the deal in hopes to encourage others. Whether it’s a bad deal or not only time will tell, but to bash him isn’t right at all. No one situation is the same and he could have success with this property and make those nay sayers look like fools. This man made a deal happen that he could have walked away from and have nothing. And I’m sure everyone who posted did not hit a homerun on their first property. BiggerPockets isn’t suppose to be a trolling or negative forum or at least I didn’t think it was.

@Frankie Lester that may be true that no one buys D class for appreciation but let’s also remember that Vegas is getting a NFL team in a couple years and a soccer or hockey team which is sure to bring in more visitors and eventually residents. So I would think the value of his proper would increase substantially.