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1 October 2024 | 24 replies
My A class that I own I self manage I have a RE agent that puts them up they find a tenant I require 700 plus fico so that weeds out 90% of renters and then I set them up on auto pay and if they have an issue we send handyman.. to be fair my units are basically new construction and townhouses in HOA's in the Desert ( vegas) so there simply is not a lot of maintenance. there is A class in every city its just that investors get so focused on positive cash flow they dont buy those for rental purposes so they miss out on the best rental tenants.. the higher the cash flow on paper the lower the quality of the units.. its a fact..
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25 September 2024 | 7 replies
Heard there may be a casino coming at some point.
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25 September 2024 | 22 replies
After 5 years cash flow, even in Vegas barely brought in $600-$800/mo per property.
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2 October 2024 | 38 replies
Out here in the west its simply impossible to build anything that will sell for much less than 500k when your lots start at 100k to 200k each then permits are 30 to 75k each.. then you build the home thats the reality.. only way fed helps there is to buy private land and subsidize or turn federal lands into developments. the one market that would work is VEGAS as its surrounded by federal land.And from what I see in west coast the regional builders are back to pumping out spec homes as fast as they were pre GFC..
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27 September 2024 | 16 replies
Vegas.
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23 September 2024 | 10 replies
Seattle and Vegas are getting an NBA team by 2028, does that mean you invest there?
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23 September 2024 | 11 replies
Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet).
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24 September 2024 | 27 replies
A lot of the bare ground has been getting used for google, Amazon, weekend stay hotels, bass pro, casinos.
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22 September 2024 | 8 replies
(Obviously in Vegas we have zero siding or roof expenses so your mileage may vary.)Good luck.