Real Estate Investment in Nevada

Why Invest in Nevada Estate?

When you hear the word Nevada, it typically evokes thoughts of Las Vegas, gambling and over-the-top exuberance. But, there’s much, much more to the Silver State than just gambling. It’s also home to one of the most dynamic real estate markets in the country.

In fact, Las Vegas, Nevada’s world-famous city known for its energy and flashiness, remains one of the premier real estate investment locations in the United States. This is largely attributed to tourism and convention traffic that regularly flows into the area. Leisure and tourism facilities are significant drivers of the Las Vegas real estate market, and play a significant role in influencing increasing property values.

Mining also represents a key component of Nevada’s economy. The state is the world’s fourth-largest producer of gold, and over 2000 businesses are connected to mining operations in some way, shape or form. As a result, mining companies are constantly hiring for new jobs, which is helping to fuel the influx of people looking for housing.

There’s also steady population growth, employment rates, and infrastructure development. As such, Nevada offers numerous options for real estate investors. From glorious penthouses and luxury condos to and single-family homes and beachside mansions, this state literally has it all.

Space

Investment Considerations for Nevada Real Estate

  • Strategic Location for Business– Nevada boasts central access to many major markets. It is located at the hub of the 11-state western region, which means it’s an ideal place for companies looking for cost-efficient access to major markets both locally and globally.
  • No Personal or Corporate Income Tax – There is no personal state income tax for residents of Nevada, nor is there corporate income tax for businesses that are registered there. This helps to contribute to the generally low cost of living.
  • Rising Home Sales– Total home sales, both new and existing, as well as median home prices, have been on an upward trajectory since the end of the recession in the late 2000s through mid-2018. This trend is expected to continue.
  • Weather Disasters– The state of Iowa is prone to floods, many of which have caused agricultural and economic losses worth billions of dollars over the years. Besides direct damage to fields and roadways, floods have a cascading effect that often includes a decrease in property values in the affected areas.
  • High Crime Rates– Crime is one of the biggest factors that undermine the Nevada real estate market. The state ranks amongst the worst in the United State for its crime rate. Property crime rate, for example, is about 8% higher than the national average. State officials attribute much of the crime to the high number of tourists who visit Las Vegas, Reno, and other gaming cities.

What are the Best Markets to Invest in Nevada?

While nearly 75% of the people living in the Silver State live in the Las Vegas region, there are several other great neighborhoods that real estate investors should consider, including Paradise, Henderson, Reno, and Carson City.

 

Getting Started in Real Estate Investing?  HomeUnion® Can Help

HomeUnion® Investment MapHomeUnion® is the leader in residential real estate investment. With the use of big data and machine learning, we analyze information on millions of single family homes in Nevada; and across the United States and calculate home values INVESTimate® for every property in Nevada. If you’re looking for the best investment properties across the country, visit our comprehensive investment site.

Space

View Our Most Popular Properties

  • 202 Westwood Trail Dallas, GA 3 Beds 2 Baths - 1,104 Sqft • Built 1992
    AVAILABLE fmls
    • 10.08% GROSS YIELD
    • $7,261 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $125,000
    • $46,500
    • $1,050
  • 6760 Browns Mill Ferr... Lithonia, GA 3 Beds 3 Baths - 1,660 Sqft • Built 1985
    AVAILABLE fmls
    • 11.31% GROSS YIELD
    • $6,589 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $113,000
    • $43,140
    • $1,065
  • 5125 Postwood Drive Fort Worth, TX 4 Beds 3 Baths - 2,825 Sqft • Built 2003
    AVAILABLE
    • 10.00% GROSS YIELD
    • $10,794 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $255,000
    • $82,900
    • $2,125


  • See More Properties

    Find available properties in high yielding real estate investing markets

    SIGN UP

    Already have an account?

Innovative Tips and News for Real Estate Investors

Download Our Real Estate Investment Guides

Be an Investor, Not a Landlord

Warren Buffet, the most successful investor of the 20th century, told CNBC that “If I had a way of buying a couple-hundred-thousand single-family-homes, I would load...

Finding Investment Properties

Learn how to identify single-family rental investment properties using our top-down approach. Use this definitive guide to expand your investment portfolio with cash...

Identifying the Perfect Tenant

How do we ensure that we only place “perfect tenants” into our properties and eliminate undesirable tenants? Here is the work HomeUnion® does for you to find...