Real Estate Agent · Las Vegas/Henderson · Member since 2022 · 28 posts · 15 votes
Over time I've noticed many of the investors I work with have favored certain areas to buy investment property, whether it be flips or rentals. I have seen that north las vegas, silverado ranch, and summerlin have been the hotter areas for strong rentals. I'm interested in hearing others opinion and experiences when investing in this market.
What are your desired areas ?
What has been that strategy when investing in said area?
Las Vegas, NV · Member since 2019 · 173 posts · 78 votes
4y
Depends what you're looking for. I've read about people being successful with STR in both North Las Vegas and Henderson, where that's much harder to do (legally) in Las Vegas itself. Also, depends on if you're looking single family, multi, condo, and even going down to the individual areas of each. I've been in different parts of North Las Vegas that are very different than others.
Personally, I look all over town, I'm willing to look almost anywhere where I think the deal could be worth it.
Las Vegas, NV · Member since 2020 · 162 posts · 113 votes
4y
Yes, it really depends on what you are looking for in terms of your rentals. Centennial Hills is continuing to grow in the North West of Vegas. That area is very strong for rentals.