Quote:
Originally Posted by greg80
I see masses of houses being sold for ridiculious low amount of money (at least comparing to EU prices). I am guessing there is way, way too much realestate and it's not worth to invest there, since the prices will not go up in decades with so much realestate on the market?
If you buy a house and rent it out, would you make any money, or is rental market way down as well?
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There's definitely money to be made flipping in Vegas, but there's a lot of competition doing the same thing. The rental market is strong, all those short sale/foreclosure owners have to move somewhere and most rent.
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