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Updated about 1 year ago on . Most recent reply

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Che Howard
5
Votes |
4
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Based in Las Vegas

Che Howard
Posted

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.

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921
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Bradley Buxton
  • Real Estate Agent
  • Nevada
642
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921
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Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

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.

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