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30 June 2022 | 161 replies
Below are some generalizations about the property and ongoing maintenance costOlder properties require more maintenance than newer properties.The tenant pool has a large impact on your ongoing maintenance cost.Composition roofs require more maintenance than tile roofs.Properties in climates with hard freezes require more maintenance than properties in mild climates.Properties in locations with a lot of moisture require more maintenance than dry climates.Wood siding requires more maintenance than aluminum or stucco siding.Properties with lush vegetation require more maintenance than properties with little or no vegetation.Locations with high levels of termite activity will require more maintenance than areas with little or no termite activity.Future rentabilityToday, almost anything will rent in the Las Vegas market due to high demand and limited rental inventory.
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18 July 2022 | 35 replies
If anyone is masterminding in Las Vegas, let me know.
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4 January 2022 | 9 replies
I'm in Las Vegas and the properties here do not cashflow.
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27 August 2021 | 19 replies
Las Vegas is just such a location.
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18 August 2021 | 6 replies
Unlike Quicken, everything you need to do for your bookkeeping to compile everything for your tax records is on one screen and you can set up the software in about two minutes and you are ready to go.The screenshot shows the day we opened this bank account when I purchased 5 homes for my son in Las Vegas.
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20 August 2022 | 14 replies
So whether it is a good time to invest in Las Vegas or anywhere else depends on a combination of the location, tenant pool, and the property.There's another factor at play in Las Vegas and other locations.
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14 April 2016 | 1 reply
I am an investor flipping homes in Las Vegas.
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28 February 2016 | 2 replies
HOA las can be an issue, but reasonable fees and taxes can be found that leave you with some decent cash flow.
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5 June 2016 | 7 replies
Hopefully this is going in the right place, and yes, I searched and found very little on the topic which I find strange, so I'm going to see if I can get more input.I have a handful of employees (3-6 that are serious about it enough to follow through at the end of the day) that are constantly asking me questions about my real estate investment deals, how I started, etc.None of them alone have the cash sitting around to risk on a down payment for a decent rental here in Las Vegas.