TrueNest Properties

11/05/2025

I just listed this property for $400,000. I'm working with the seller, who has a 2.875% FHA loan, to market it to buyers who might be interested in assuming the loan. The property has mixed-use zoning and can accommodate additional units and has a two-car garage.

https://www.zillow.com/homedetails/848-Rock-Blvd-Sparks-NV-8...

The structure is older and has some issues. Our home inspection showed some earth-to-wood contact—no surprise, since it was built in the 1930s—and overall it’s a bit rough around the edges. It’s definitely a value-add type of property.

If someone were to assume the existing FHA loan at the current balance of $280,000, the monthly payment would be about $1,900, and they'd need roughly $120,000 plus closing costs to make it work. We also have an option for a piggyback loan that could bring the monthly payment down to around $2,400–$2,500, with only $40,000 down.

This is clearly a "house-hack" type opportunity. To assume the loan you have to be an owner occupant, but in my mind, this looks like a solid opportunity—a win-win for both buyer and seller. The buyer saves significantly on financing costs, gets their foot in the door and can value add it over time and eventually convert it to a rental and the seller benefits from a strong sale price. What do you think?

12/07/2023

Real Estate Agent Meetup - Next Wednesday!

🛫🏔️🏠 Airbnb, Vrbo and Short Term Rentals - Oh My!
Series 2 of 3 Part Series on Rentals

We'll be joined by Elise and Joelle of Nomadik Co-Hosting. They operate dozens of short-term rentals in the Tahoe-Reno area and will be teaching us about what goes into operating a successful short-term rental portfolio.

If you're interested in hosting properties yourself or want to provide more value to your clients by knowing a thing or two about what goes into a successful short term rental, you won't want to miss this one!

Click the meetup link below for more info and to RSVP

🛫🏔️🏠 Airbnb, Vrbo and Short Term Rentals - Oh My! Series 2 of 3 Part Series on Rentals We'll be joined by Elise and Joelle of Nomadik Co-Hosting. They operate dozens of

11/07/2023

Fellow real estate agents, come join me this November 8th at 6 pm to learn about rental property and how you can use it to legally pay nothing in income tax!

🧙‍♂️ Investing In Rentals For Agents - Demystified - 🔮

Lots of agents know firsthand the power of real estate investing! But did you know as an agent you could be legally not paying income tax - at all - using rental properties? 😮 So many of our clients have made fortunes buying and holding rental real estate, but all the same so few ever take the leap and buy rental property. Join me on our next four part series devoted exclusively to investing in rental properties.
Part 1 - November 8, 2023: Overview of Residential Rental Strategies
Part 2 - December 13, 2023: Short Term Rentals - Presented by Nomadik Cohosting
Part 3 - January 10, 2024: Medium Term Rentals - Presented by Cameron Meals of Blue Sierra Realty
Part 4 - February 14, 2024: Long Term Rentals
For our upcoming meeting on November 8th, I’ll give you a crash course in why you should be buying rental properties! I’ll do an overview of how to identify, buy, and manage rental properties (and not lose your shirt), and take advantage of all the benefits real estate investing offers. And from there, we’ll go in more detail on further sessions so you can take action!
So come out and join me on November 8th to learn more about investing in rental real estate! Meetup link below👇

10/27/2023

Totally Turnkey in Sun Valley!
Being held open this Saturday, October 28th 11-1!

10/13/2023

New to Market in Old Northwest! Being Held Open This Sunday 11-1!

(NNRMLS) For Sale: 3 beds, 2 baths ∙ 1638 sq. ft. ∙ 3395 Downey Ave, Reno, NV 89503 ∙ $475,000 ∙ MLS # 230012042 ∙ Unearth a treasure in Reno’s charming Old Northwest neighborhood. As you venture into ...

10/13/2023

New to market in South Reno! Being held open 11-1 this Saturday!

(NNRMLS) For Sale: 3 beds, 2 baths ∙ 1261 sq. ft. ∙ 1853 San Jose Ct, Reno, NV 89521 ∙ $524,900 ∙ MLS # 230012069 ∙ Discover a gem in the heart of desirable South Reno. As you step into this freshly renovate...

10/11/2023

4th Part of Flip Series for Agents This Wednesday Evening!
Learn how to make your project standout from the crowd!

Hosted by Wesley Pittman of The Pittman Ficco Group and Reno Area Home Buyers, this Meetup is for **Licensed** Real Estate Agents interested in real estate investment. We g

10/08/2023

I want to thank a recent client for his trust and allowing me to represent him at 720 and 740 Kirman Ave! One of our core values at The Pittman Ficco Group at LPT Realty is giving so each transaction we make a donation on behalf of our clients to a charity of their choice and also post the organization to bring more attention to the organization. Check out Wounded Warriors Below!

08/07/2023

Meetup for Licensed Real Estate Agents interested in learning about RE Investing this Wednesday!

Topic: Part 2 of the 4 Part Series on Flipping Property: What Should You Do?

It's not uncommon for people on their first rehab projects to allocate energy and money to the wrong things and end up giving up a bunch of the profit or worse yet taking a loss! If you're a licensee, please come find out how you should prioritize your scope of work and bring your remodel vision to a successful (and profitable!) conclusion!
6:00pm - Attendee Introductions
6:20pm - Topic Discussion
6:50pm - Q and A / Open Discussion
7:30pm - Networking
8:00pm - Finish

Hosted by Wesley Pittman of The Pittman Ficco Group and Reno Area Home Buyers, this Meetup is for **Licensed** Real Estate Agents interested in real estate investment. We g