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Updated over 7 years ago on . Most recent reply

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3
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Yan Huang
  • Las Vegas, NV
2
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3
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Planning on Purchasing Duplex in Las Vegas, Any Tips?

Yan Huang
  • Las Vegas, NV
Posted

I am planning on purchasing 2 duplexes as an investment properties in Las Vegas (most likely North Las Vegas). I am looking at homes that are in the ballpark of $120,000 to $150,000 with gross rents averaging $1000 (roughly $500 per unit) monthly. 

I've purchased a single family property before but that was in Los Angeles and it was rented to family so this will be my first 2 investment properties. Do you guys have any tips of what I should look for or look out for? And also is my budget and how much rent is within reason as far as an investment goes?

Thanks in advance.

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Account Closed
  • Earth
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Account Closed
  • Earth
Replied

If you search for the BP post in the past, most comments on multi-family in Las Vegas are “no no”, because they are in class C-/D area.
Tenants in multi-family is a challenging issue.

Sounds like only SFR/townhouse/condo are good in Vegas.

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