Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Kuang Lee
2
Votes |
13
Posts

Las Vegas rental income purchase

Kuang Lee
Posted

Hi, I'm new to Bigger Pockets but love the intelligent feedback on the forums. I'm looking to purchase an income property in Las Vegas at the 100K-150K cost level.  I live in the Bay Area so I could use to help from folks who know the market there well. Is this a good time to buy in Las Vegas? Would I have any problems finding renters?  Thank you for your help! 

Most Popular Reply

Account Closed
175
Votes |
214
Posts
Account Closed
Replied

In a better area, $100k won’t be able to purchase anything.  

With budget of $150k,  $145k can only buy a one-bed condo renting at minimum of $950 per month.  

2-bed condo cost around $165k. 

1200 sq ft townhouse cost around $220k. 

1800 sq ft single family house cost around $290k.

Rental market is still very hot, no problem at all to find good renters in a very short period of time, like in rent out in one week.  

Loading replies...