
6 September 2020 | 8 replies
. - Lot more inventory to work with (flexibility)- I see many affordable homes 150k-250k range and multi unit homes around 250-400k range- Thinking of buying between or near UNLV university/ main strip so I have faculties, staff, students from the universities as well as employees from the casino/hotel- Property Tax is cheaper (but can be a con in other states).Con & other inputs: - I feel like Las Vegas have short term residence more than long term residence (most of the properties seems to be owners who are not purchasing to live but to use it as vacation home or short/long term rentals.... so many properties can be vacant and potentially allow squatters/long eviction process)- Nevada law require a "responsible" person aka landlord/property management within 60 miles - Distance (I like to buy my properties locally because I can stop by or fix something if needed either by myself or contractors that I work with/familiar with- Property Management fees since long distance - Finding a property management company that is reliable and trustworthy. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)

5 November 2019 | 8 replies
The Jefferson County Sheriff never executed the set out, I finally settled with the tenant on 10/15/2018 and paid her $500 to leave and called her an uber to take her to a hotel because her car got repossessed.

7 September 2018 | 2 replies
This is higher than the $161/night national average as reported by the Corporate Housing Providers Association (CHPA) in their 2018 industry report, but considering the fact that a king bed accommodation at a preferred hotel runs anywhere from $135-$170/night in this area, a luxury 3 bedroom, 3.5 bath accommodation at $225/night seems to be competitive.

19 January 2021 | 116 replies
Las Vegas Nevada - Very close to CA so I can either drive or fly short distance- No income tax- Can be maybe used for vacation rental- Low Property Taxes*** Worry is economy is heavily based on casino/hotel so if there is a downturn in the economy potentially have a lot of vacant properties in the area due to laid off/less tourist/etc *** Slight concern that I have is that I look at number of renters/landlord ratios (is it owner occupied or for investment?).

16 September 2018 | 12 replies
Most possible is a hotel conversion.

10 September 2018 | 2 replies
On top of this you definitely don't want to be responsible for paying for your tenants to live in a hotel for a few weeks while the roof and walls are replaced.

19 December 2019 | 12 replies
If you are moving the renters out and want to make the house to an AirBnb, than that is not a change in use to a hotel.

14 September 2018 | 11 replies
There is an Old Motel/hotel in my area for sale at $164,000.

10 September 2018 | 1 reply
@Alyssa SteinruckYou may have some contractors come and see how long it would take to repair the damages, or how long to repair the safety issues and get a better idea of what it will take to fix.If its something they can do in a week or two, you may just offer to put them up in a hotel until the major safety issues are addressed.

10 September 2018 | 0 replies
They are revitalizing a big Hotel Property in Buffalo and looking for investors.Has anyone else heard about them?