Las Vegas Flippers & Investors

Member since 2025 · 12 posts · 23 votes

Hey BP,

Are there any investors in Las Vegas, NV that I can collaborate with? I've been researching and analyzing for the past year and I'm eager to start learning the ropes and maybe shadowing someone experienced. I'm struggling to get anything to even break even with the market out here.

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Robert EllisBusiness Member
Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
3mo
Quote from @Katelyn Laurente:

Hey BP,

Are there any investors in Las Vegas, NV that I can collaborate with? I've been researching and analyzing for the past year and I'm eager to start learning the ropes and maybe shadowing someone experienced. I'm struggling to get anything to even break even with the market out here.

The part that gets interesting is that you've been analyzing for a year and you're still struggling to get anything to break even.
I went through something similar in a different market. I kept assuming the next deal would finally make the numbers work. After looking at enough properties, I realized the market wasn't the problem. My expectations were.
The deals I wanted simply didn't exist at the price points I was targeting.
What happened next was I either had to adjust my criteria, adjust my strategy, or adjust my market.
The fact that you're recognizing the issue instead of forcing a bad deal is probably a good sign.
When you say break even, what's killing the numbers most often—purchase price, financing costs, rehab costs, or rent projections?
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- Katelyn Laurente
  OP
  Member since 2025 · 12 posts · 23 votes
  3mo
  @Robert Ellis purchase price versus down payment versus rent projections. a standard single-family home or a townhome have been what I'm targeting. Rent is too low vs purchase price
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