Quote:
Originally Posted by bossku69
Las Vegas will most likely not increase as you would think. There is a HUGE surplus of houses there. Builders and developers thought it was going to boom, but it didnt
You will only make money if you plan to rent out to college students that go to UNLV or people who have horrible fucking credit or bad history that no one wants to rent to. A friend of mine rented a huge house in Vegas for $700/mo
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I imagine your friend rented in a part of town that tanked. Almost any home in a nicer neighborhood with nice square footage that I've seen, has rented for $1200 to $2500. I'm currently renting while my home is being built, and I'm paying around $2k a month.