Which Is the Better Investment?
Monday, April 24
A new client sent us a property in Austin, TX that was listed for $252,500 with an estimated rent of $1,700/Mo. and asked for our opinion. We compared that property with a similar Las Vegas property with an asking price of $255,000 and an estimated rent of $1,490/Mo. The rent to price ratio (Aust...
Selecting An Investment Location - Do Not Forget About the Jobs
Tuesday, January 31
The profitability of any investment property is totally dependent upon the tenants remaining employed at a similar level of income. Despite this critical requirement, few investors take the time to consider the long term viability of the major tenant pool employers. In this article I will dis...
Las Vegas Investment 2017 Outlook
Sunday, January 08
We recently published our Las Vegas real estate investment outlook for 2017 and it seems to make sense to share it here. Your feedback is appreciated.Our 2017 outlook is divided into 3 sections. The first is an update on the Las Vegas economy. The second an update on the Las Vegas real estate inv...
What You Should Expect From A Good Property Manager
Sunday, October 02
If you only expect a property manager to collect the rent, you have the wrong expectations. The property manager is the most important member of any investment team for a very good reason. A good property manager provides value throughout the investment lifecycle. I listed below the phases of the...
Purchase Price vs. Rehab Cost
Wednesday, August 31
A frequent question I get is whether it is better to buy a property that needs more rehab at a lower price or spend more for a property that needs little rehab. A great question but one (as usual) without a simple answer. The key lies in the price difference between an almost market ready propert...
What Are the Minimum Profit Requirements for Today?
Monday, March 28
I got this excellent question from an investor and thought that it would make sense to share my response with the entire BP community. The minimum profit requirements depend on your time frame and goals.One of the many things I urge investors to consider is the fact that real estate investment ho...