Updated almost 2 years ago on . Most recent reply
Based in Las Vegas
Single Family property in St. Louis, Mo, Condo in San Diego, Ca, 8 unit Apartment Building in Los Angeles.
Want to expand, primary residence is Las Vegas, open to all markets.
Most Popular Reply
Hi Che,
Check out the Reno, NV market. Reno, NV, is a prime investment spot due to its strong property appreciation, with values rising over 10% annually. Just 218 miles from Silicon Valley, Reno benefits from its proximity to major economic hubs. The tech and manufacturing sectors have grown by 15% and 12% respectively, complementing the hospitality and medical industries.
Limited space for expansion ensures a housing shortage, driving up property values and rents. Nevada has the 4th lowest property taxes in the U.S., with no reassessment upon sale, unlike California.
Landlord-friendly laws simplify property management and evictions. Reno offers diverse investment strategies, including flipping, medium-term rentals (MTR), short-term rentals (STR), and long-term rentals (LTR). With median home prices around $500,000, Reno is more affordable than California but offers higher appreciation than many Midwestern or sprawling metro areas.
- Bradley Buxton