I also asked about any plumbing issues, which I would get inspected during the due diligence phase, along with other major concerns.While I don't have much experience assessing houses and determining the extent of repairs, I’ve spent a lot of time in stores like Home Depot and Lowe’s.

Quote from @Gregory Schwartz: I agree with your assessment.

More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.

If caught, assess a fine.

The appraiser looks at the sale price of comparable properties, the size of the property, and other factors that may affect its value.Home inspection: A home inspection is a comprehensive evaluation of the property’s condition.

For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.

I'm particularly passionate about growing quickly from SFRs into Multi-family and currently developing tools to source and assess deals.Outside of real estate, I enjoy long-form conversations with brilliant people, or at least watching them when there aren't other people around to converse with.

You are correct in your assessment of the area.

As a private lender with experience in the industry, I’m here to help you navigate your journey, whether it’s assessing potential properties or securing funding for your investments.With your background as long-time listeners of the podcasts, you already have a solid foundation.

These lenders will assess your situation and provide you with the best solution, they're all local as well.