Multi Unit Purchase Timing

[Shant Mahserejian]

Hi All,

Las Vegas Multi-Unit market has come up quite a bit over the years.  I got hit bad in 2008 with values dropping but it of course rebounded now. Anyone else worried about buying right now in Vegas?  There is still some decent deals and the price per unit is much lower than California.  I would love to hear/discuss Las Vegas multi unit investing,

[Charles Carillo]

@Shant Mahserejian

Has Las Vegas rebounded from COVID? During the shutdowns Nevada had over 30% unemployment. If you do move forward with a purchase, make sure the numbers you are buying on are COVID 2020 numbers not pre-COVID numbers. If you are going to purchase in an area with high unemployment, make sure you are getting a sizeable discount.