Big Boom???

[Valgolas]

And if you didn't want to hold the paper long term,
you could sell the note you are carrying to a paper investor.

There are quite a number of them who buy good paper.

If you go this route, make sure the paper has the terms
in it that a paper investor wants, and you won't take a
big discount when you sell it to them.

[Miles]

I would check with a realtor in Vegas that knows the rental market there to see if your renting the property for current market value. And if your renter is on month to month you can inform them you are going to raise the rent. Second of all I would hang on to the property and see if the value goes even further up.

Miles Takiguchi (RA, e-PRO)
Five Star Realty