New to Real Estate · Las Vegas, NV · Member since 2015 · 3 posts · 4 votes
Hello everyone, I want to be a real estate investor. I do have a Nevada Real Estate License to be a Realtor as well just haven't had the funds and stability to get up and running but I refuse to give up. I'm working on getting out of debt by following Dave Ramsey's Baby Steps method. I just want to know how to become more knowledgeable about the market in my city which is Las Vegas in Nevada. As far as different principles and habits to build and apply. Appreciate your answers, time, and support.
Hey! First off, big respect for getting your Nevada real estate license and sticking with Dave Ramsey’s plan, that’s no joke, and it’ll pay off for sure.
For getting to know the Vegas market better, I’d say start by hanging out where other investors and Realtors are: BiggerPockets forums, local meetups, even Facebook groups. You’ll pick up a ton just by listening and asking questions.
Also, keep an eye on local listings and rent prices on sites like Zillow or Redfin to get a feel for what’s hot and what’s not.
Hey! First off, big respect for getting your Nevada real estate license and sticking with Dave Ramsey’s plan, that’s no joke, and it’ll pay off for sure.
For getting to know the Vegas market better, I’d say start by hanging out where other investors and Realtors are: BiggerPockets forums, local meetups, even Facebook groups. You’ll pick up a ton just by listening and asking questions.
Also, keep an eye on local listings and rent prices on sites like Zillow or Redfin to get a feel for what’s hot and what’s not.
The Midwest is a great place to start looking once you’re ready—steady rental demand, affordable entry points, and markets that aren’t as volatile as the coasts. A lot of out-of-state investors I know like it because you can build cash flow while still having room for appreciation over time.
@Joshua Moses great question. Benjamin and Arman had great responses. Definitely try the local meetups at Biggerpockets, Facebook groups, Eventbrite, and Meetup.com if you want to network and create new relationships in the real estate industry.
Something also to consider is targeting foreclosure sales and bank owned auctions. If money is a constraint, these assets would be worth considering and obtain a private loan for. If you would like to discuss in further detail, please let me know and goodluck!