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All Forum Posts by: Adam Jaken

Adam Jaken has started 9 posts and replied 50 times.

Post: New from Las Vegas! Hello!

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Hi Jeff, that's great! Good luck on all your future endeavors. This town is a great place to invest in and hopefully with everybody coming in to place things will continue to grow and head in the right direction. A couple of things i think about is that LA is getting to expensive and i have seen a lot of people move out to LV over the years and they have be n doing great for them selfs. LV has everything all major cities have to offer and now with the NFL, NHL and so many other things coming in to town i think we are all set for continued growth. Great investment and doing it yourself will really get you the edge you need too.

Post: Las Vegas, Nevada market

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12

Hey guys we have a few homes in Vegas. It's been treating us good but prices have steadily been going up. I still think it's a good buy at theee prices buy he window is closing very fast. There is a ton of construction happening all over the city. Check out The Review Journal of Las Vegas for some news. Have fun on your trip. I would recommend areas like Summerlin,  Spring Valley, Anthem Highlands and the south west area are all good areas. I'm sure your agent will provide you with a lot kgb information. My personal recommendation would be getting 2 agents and haveing 2 separate days of viewsing homes or 1 day with 2 different agents. This will provide you with 2 difffernet point of views and each one will give you different homes to look at. Have fun and good luck

Post: The Raiders are coming to Las Vegas! Southern Nevada NFL

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
That is true the Raiders took another step in the right direction, but they do need the votes too. Lastly why are you guys awake at this time?

Post: What will happen to rents when interest rates go up??

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12

@Bryan Did you happen to read the arrival i posted? 

Post: What will happen when interest rates go up?

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Shawn Ackerman I would love to hear your point of view after reading it. :)

Post: What will happen when interest rates go up?

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Shawn Ackerman Hi Shawn, here you go sir. http://m.huffpost.com/us/entry/9909692

Post: What will happen when interest rates go up?

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Jay Hinrichs Wow your pretty blunt about that. Another recession?

Post: What will happen when interest rates go up?

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Hi guys and a happy Sunday to you all! I am predicting the rental income will go up as soon as interest rates go up. The reason I came up with this conclusion is because when interest rates go up it will make it harder for people to purchase a property for the price range they are looking for, in essence it will push people to rent.

Post: Best cities for cash flow

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Las Vegas Nevada has some really good A properties with a decent cash flow!! Also it's a great place to invest because of the future developments planned. i.e. Faraday Future in Apex, Legalization of marijuana, possible Oakland Raiders, Wynn tower expansion, new world resort on the strip, expansion of the convention center and so on.

Post: What will happen to rents when interest rates go up??

Adam JakenPosted
  • Investor
  • Woodland Hills, CA
  • Posts 51
  • Votes 12
Patsy Waldron Hi Patsy, first off i think your mistaken about home prices not jumping. Currently the home prices across the nation are at, close too or above recession prices. Secondly when the interest rate goes up it will cost people more money monthly to buy the same home. Right now with great credit and a good down payment you get 3.2% APR for a 30 year loan, when that needle moves to 4% (let's not even mention 5% or 6%) it will cost potential home buyers more money to make their monthly payment at which point they will be forced to settle for a smaller home (less expensive) or continue to rent, thus flooding the rental market with renters because they can't afford a home anymore and the home they can afford is to small. So i personally think history repeats its self, and as history has proven time and time again when interest rates go up, house prices will come down. (again i'm not saying to they will crash, but they will come down until they see some traction and that is where they will stabilize)