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3 September 2016 | 1 reply
hello everyone,I've recently made two offers on short sales, (they both happened today)as they looked like good deals when i quickly ran the numbers, so i made offers on both as things are going crazy fast here in vegas and i thought it was best to submit an offer then have the option of turning down the deal if it wasn't a good one.after using the rental calculator one cash flows for 90 and the other for 60. and this is without me allowing for cap x on either, the reason for this is that ones a town home and the other is a condo, both with good hoa's, i did allow 5% for repairs which i think is a lot as the condo has just been totally refurbished and the TH was in good condition and I've allowed 1500 for touch ups, so it'll also be like new after I'm finished. my thinking was that this 5% would cover both repairs and cap x as there shouldn't be much in the way of either. is this a terrible idea for me to allow so little for both.i would be waking in with 25k of equity on the TH and thats without my 20% down payment. and with the condo id be getting around 13k.here are the rental calculator results for both-any help would be greatly appreciated!
6 September 2016 | 14 replies
I am here in Vancouver now from Las Vegas.
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7 September 2016 | 7 replies
Hey @Carlos Vega!
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6 September 2016 | 2 replies
I was told banks do not consider liquid assets because I could "go to Vegas and blow it all".
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6 September 2016 | 4 replies
Just recently my husband and I decided to move to Las Vegas in a year from now when he gets out of the military.
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24 August 2017 | 42 replies
@Joel OwensI live in Las Vegas, NV and the property is in Indianapolis.
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23 August 2017 | 26 replies
I'm actually surprise no one went to go digging to see if they had any other properties in Florida or New York or Las Vegas and any other highly desirable state in America.
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25 August 2017 | 1 reply
I just passed the licensing exam and now I need to find a broker to work for. I was hoping to find someone here on bigger pockets who is familiar with investing and could also help me with my first few transactions. I...
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29 August 2017 | 3 replies
That might not work as well in Las Vegas as it does in the Bay Area.
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5 October 2017 | 11 replies
Buy it....Vegas is still going strong and no signs of slow down yet.