Make sure you are registering with the county you operate in for a biz license and with the state division of hotels and restaurants and get a $2M+ liability policy.My company started as a mgmt company for just my and my partner's properties it then grew from there.  

The demand is still very strong.SummaryThe investment market in Las Vegas grew strongly in the first half of 2024 and is expected to continue growing, though potentially slower in the second half of the year (as long as the interest rate does not change significantly).

I grew up in a major football town, and a close family friend rents his personal home out for $3K a weekend. 

I grew up in dirt poor projects.

I grew up in and still work in Hudson and watched as it turned around as well.

In my experience it just indicates people who probably grew up in a family where they were not sophisticated with money.

Quote from @Penney Vasquez: Quote from @Miguelli Fernandez: Was able to get an offer from a broker for a fixed rate HELOC at 8.4% for 120k over 20 years.

As rents grew, it became much more viable to the point that now, 8ish years later we are looking at moving on to the next level.

As rents grew, it became much more viable to the point that now, 8ish years later we are looking at moving on to the next level.

He can't do everything.That being said, it does appear they grew too fast and so it unfortunately doesn't surprise me that the results are beginning to drag.