Rest due at closing) You can look at it anyway you want, but while you're looking, don't miss these financial facts:1- Cost to you = $63,6802 - Profit = $20,0003 - Remaining Cost not recovered = $43,680 (you don't make a profit until you recover all your costs, so the $20k "profit" in Item #1 isn't a profit...unless you think going to Vegas with $10k in cash, increasing your cash to $15k, then losing $30k is somehow winning $5k)4 - If, as mentioned above, you can get $350/month ($4200/yr) in rent...which if you were breaking even before, you would now be cash flowing $4300/year.5 - Unfortunately, that means it will still take you 10+ years (all being perfect) to recover the rest of your cost.6 - Still not a good deal...at all.

My name is Matt and I manage the Las Vegas featured agent program at BiggerPockets.

I am looking at my first rental property purchase in the Las Vegas area. 

https://www.wdrb.com/in-depth/...

(Las Vegas)I paid 265 one year ago and just got an offer of 350. 

I am from NC and used to live in Charlotte before moving to Las Vegas.

Gallon of milk is up 20%, gas is up 20%, wages are in theory (lol) up 20%, gold/silver up 20%, bitcoin went up 1000% then dropped 980% 2 milliseconds later (good luck at that casino, and props if you win, someone has to), so it's up 20%, rent is up 20%, stocks on average are up 20%, you get the idea. 

I am a lender in Vegas.

Another reason why Las Vegas, the numbers are easy to work with and I can afford it.

I’ve been my own inspector for my Las Vegas properties.