Investing in Reno, NV

2 Replies

I am beginning to look at the Reno NV market for buy/hold investing.  My Daughteer is going to UNR next year so looking to buy something near campus within the next 6-12 months. The idea is she will move in to whatever I buy after her freshman year.  I can’t then use the 529 money we saved to pay a portion of the rent.  Still need t check if this is legit or not to do.     Looking to network with other RE investors in the area, meet trades people, and anyone who has insight into this market.  I’m a residential Realtor in Sacramento.  Not completely new to RE investing but not familiar with the Reno market. 

I look forward to any/all replies.  

Originally posted by @Richard Goore :

I am beginning to look at the Reno NV market for buy/hold investing.  My Daughteer is going to UNR next year so looking to buy something near campus within the next 6-12 months. The idea is she will move in to whatever I buy after her freshman year.  I can’t then use the 529 money we saved to pay a portion of the rent.  Still need t check if this is legit or not to do.     Looking to network with other RE investors in the area, meet trades people, and anyone who has insight into this market.  I’m a residential Realtor in Sacramento.  Not completely new to RE investing but not familiar with the Reno market. 

I look forward to any/all replies.  

Hi Richard - I'm a Realtor in the Reno area and have my own investments. Are you thinking of a SFR or a condo? Condo's are much less expensive but most have HOA dues $250 and up. SFR deals do pop up from time to time too, depending on what your looking for. Since your a Realtor im sure you know, good deals move fast, condo or SFR. Please IM or send and e-mail if your would like to get in touch.

Bill Schrimpf, Real Estate Agent in NV (#11844)

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    Bill Schrimpf, Real Estate Agent in NV (#11844)

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