Investing in Las Vegas

Still waiting

Got an email for this combo deal.

Las Vegas 4 property portfolio sale 3 sfr’s and a triplex all for 880,000 7.75% cap rate

https://propertyblasthomes.com/Blasts/165081/1733107

Las vegas is always cash cow,many of my friends bought during 2008 for $200k-250k almost brand new foreclosures.

I did not like to go any rental more than 1 hour driving distance, even at that time.

Does anyone here think townhomes in Vegas are a good investment? Is the increased cost over a condo worth it for the higher monthly cash Flow? Or are condos a better option? Prices I am looking at are under $250k.

Buy real estate in Vegas if you expect major appreciation like between 2001 and 2005.

Buy real estate in Vegas if you live there and plan to occupy yourself or rent it out.

Don’t buy real estate in Vegas if you plan to be a long-distance landlord. It’s a bad investment.
And no, I did not click on your spam link.

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