Updated over 7 years ago on . Most recent reply
New to real estate and the Reno/Fernley NV area
Hello everyone. I am a new to real estate and am looking forward to learning more about something new. I am currently living in Japan and moving back to the states (the Reno/Fernley NV area) in the summer time. I do not know much about real estate investing/the market in the area other than what I have learned through the Bigger Pockets podcasts and online searching. I am looking for a house to live in myself and sell for a profit/rent after 3/4 years (get my feet wet, learn and then apply those lessons to future investments). I am looking for contacts, referrals, suggestions and any help that anyone is willing to send my way (I dont think I am breaking the rules on day 1)! I have bought, and am reading, Finding and Funding Great Deals and Long Distance Real Estate Investing. Thank you all in advance. I look farward to being a part of the commnity and getting started!
Matt
Most Popular Reply
I am also in Fallon. I have reason to believe the market here is good and getting better. I bought a 3bd 1 bth for 80k in November 2015. I did about 4k in improvements, and just sold it for 140k. I have now moved on to a larger 3bd, 1 and a half bth and plan to do the same. I have chosen the 2 year live and flip in order to avoid the capitol gains tax. would love to speak with other investors in the area, and/or maybe even help to start a Fallon investment club!!