Las Vegas 2020 Investor Outlook
Tuesday, February 11
Executive Summary • We expect prices and rents to rise significantly through 2020, starting almost immediately. • Property prices are still 10% to 40% below 2006 peak prices. • Median $/SF prices rose 3% while rents rose about 4.5% in 2019 for the segment we target. • Inventory started falling ra...
Selecting An Investment Location Part I - Appreciation Barometer
Wednesday, December 11
There are thousands of places where you could choose to buy real estate. So, which one should you choose? It is not practical to do a detailed evaluation of each possible location because there simply is not enough time. Fortunately, there are a few filters you can use to quickly narrow the fiel...
2019 Q2 Las Vegas Investor Update
Thursday, August 29
We are in the third quarter of 2019 so it is time for an update on the Las Vegas market from an investors point of view. Market Update Below are charts from MLS for the period from 2016 to the present. The data presented is loosely focused on our target property profile: single family homes with ...
5 Critical Skills to Look for in a Good Investment Realtor
Tuesday, July 02
Once you make the decision to invest in real estate, the next decision is where to invest (for more info on that, please see Criteria for Selecting A Good Investment Location and Obtaining In-depth Local Knowledge). Once you choose an investment location the next task is putting together an inves...
Why Estimating Maintenance Cost By A Percentage of Rent Is Wrong
Tuesday, February 12
When you are evaluating a potential investment property, one of the more important considerations is maintenance cost. A common method of estimating maintenance cost is to assume an arbitrary percentage of the rent. While easy, this approach does not work. Every property is different and its main...
Las Vegas 2019 Investor Outlook
Monday, January 14
At the start of each year I publish my forecast for Las Vegas investors, incorporating national and world events that could have positive or negative impacts.Before I start I will explain why the data you will see in this paper is probably different than what you see in the national press.The Dat...