How One Investor Earns $7K Monthly in Passive Income (And Why Las Vegas May Be Even Better)

If you’ve been priced out of your local real estate market or struggling to find solid cash flow, you’re not alone. Many investors are shifting their focus to high-yield markets with strong fundamentals—and one inspiring example is Tasha Thomas.

Her success story, featured in BiggerPockets, shows how smart systems and out-of-state investing can generate real income without full-time commitment. In fact, her passive real estate portfolio brings in $7,000 per month—and it’s fully managed from a distance.

📈 Her Strategy for Building Passive Income

Tasha built her portfolio of 10 small multifamily properties (duplexes, triplexes, and fourplexes) across Cleveland, Indianapolis, and Birmingham. Her approach was strategic and replicable:

• Focused on value-add multifamily properties

• Used DSCR loans and partnerships to scale

• Employed professional property managers

• Completed incremental renovations to boost rent

• Emphasized long-term hold strategy over speculation

The results? Reliable monthly income, appreciating assets, and freedom from daily operations.

🗺 Why She Chose the Midwest and South

Tasha picked her markets based on key investor-friendly factors:

• Low unit costs ($100K–$150K per door)

• Solid rent-to-price ratios

• Landlord-friendly laws

• Strong working-class tenant bases

She followed the numbers—not the headlines—and built a system that worked.

🏜 Can Las Vegas Compete?

Absolutely—and in many ways, it outperforms. Investors from California, New York, and Chicago are flocking to Las Vegas for these reasons:

🔑 Why Vegas May Be the Better Long-Term Bet

Las Vegas combines cash flow and appreciation potential—a rare mix. While not as cheap as some Midwest markets, it offers:

• Stronger tenant demand

• No income tax

• National connectivity

• Investor incentives

• More professional management options

And with many value-add fourplexes and triplexes still under $700K, there’s significant opportunity for portfolio growth.

🙋‍♀️

FAQs: Passive Income and Investing in Las Vegas

1. Is it still possible to find cash flow in Las Vegas?

Yes, especially in value-add Class B/C assets. Markets like UNLV, Downtown, and East Vegas offer strong returns.

2. Can I manage properties remotely like Tasha did?

Definitely. Las Vegas has excellent property managers who specialize in out-of-state investors.

3. Is Las Vegas more expensive than the Midwest?

Slightly, but the higher rental demand and appreciation often make up for it.

4. What’s the minimum needed to get started?

You can buy a fourplex with less than $200K down using conventional or DSCR financing.

5. Is appreciation strong in Las Vegas?

Yes. Compared to Midwest markets, Las Vegas has seen more consistent long-term value growth.

6. Can I build $7,000/month in income here?

With a well-planned strategy and consistent investing, it’s achievable—especially when combining cash flow and appreciation.