LTR North West Vegas

[James Stout]

Investment Info:

Single-family residence buy & hold investment in Springfield.

Purchase price: $500,000
Cash invested: $500,000

I bought a brand new 4 bedroom in North West Las Vegas, Nevada. Rented it out, will hold it for 20 years.

What made you interested in investing in this type of deal?

Vegas is a boom town.

How did you find this deal and how did you negotiate it?

Drove around the area. Brand new, not much negotiation.

How did you finance this deal?

None.

How did you add value to the deal?

Landscaping, interior furnishings.

What was the outcome?

Good.