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My uncles condo in Vegas he bought for about 200k years ago and now ones in his development are selling for 18k.. Crazy.. I wish I had the cash to buy one and just rent it out!
That seems insanely cheap, god maybe ill buy one.. what is the zip code..
OMG this is incredible.
How does this happen.
What does rent look like on one of these homes.
In the current market, you could rent a 3 bedroom condo in a nice community for $800 with a lot of interest and a selection of people to choose from. A 3 bedroom 2 1/2 bath house in a nice neighborhood, at least $1000, but no more than $1100 or you'll lose interest. Now, if you opened it up to section 8 tenants??? I've seen 4 bedroom 2 stories at $1400. Of course it all depends on the location.
You have really caught my interest
What is the property tax rate out there?
depends on the are, but they are decreasing right now and I believe they put a cap on them a couple years ago.
Got my attention too!
I thought we were inexpensive here in S Fl....but LV has got us beat!