You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

Here are the markets I’m exploring:St.

how is rental market in that area these days? 

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

Usually turnkey operators suck the equity out of a deal and sell at or above market so there goes the equity. 

@Malcolm Brown it is great that you are thinking of the money to fund the deals you are going to get started with but understanding what a deal is, I think, should be the starting point. 

Sent you a request–– here to help, discuss the market, etc. any time. 

And.....”preREO”...just another goofy a$$ made up marketing term. 

🎉 Monthly Las Vegas Market Update – January 2025 🎉Here’s your monthly Las Vegas market update, along with some local highlights.

Exactly if its a hot deal cash just means you beat out the next guy who needs financing does not mean deep discount .. at least in markets were RE is sought after.