All Forum Posts by: Carlos Aguilar

Property Details

Single-Family | 3 Bed + Loft 3 Bath | 2-Car Garage

2,667 SqFt | 3,920 SqFt Lot | Built 2005

Situated on the Golf Course w/ Gorgeous Views

Located in Rhodes Ranch – Guard-Gated Golf Community with Premium Amenities

Tenant: Leased to a doctor for 5 YEARS with $25K Deposit

Rent: $4,700/month, increasing 2% annually

Year 5 rent is over $5,000/month

HOA: $184/Month

Tenant Open to Longer Lease Term

**Unlock Premium Las Vegas Cash Flow & Stability!**

**Presenting an exceptional investor opportunity in the highly sought-after, guard-gated community of Rhodes Ranch!**

* **📍 Prime Location:** Stunning single-family home situated **directly on the Rhodes Ranch Golf Course** within this exclusive Las Vegas enclave.
* **💰 Immediate & Substantial Cash Flow:** **Property comes with a high-quality tenant already in place on a long-term lease for the next FIVE (5) YEARS!** Enjoy immediate income without vacancy worries.
* **💸 Premium Rental Rate:** Tenant is paying **some of the highest rents achievable in the area** right now – maximizing your return from day one.
* **🛡️ Exclusive, Amenity-Rich Lifestyle:** Rhodes Ranch isn't just an address; it's a lifestyle. Residents enjoy:
* 24-Hour Guard-Gated Security
* Resort-Style Swimming Pools
* State-of-the-Art Fitness Center
* Exciting Water Park
* Championship Golf Course (right outside your door!)
* Parks, Trails & Community Events
* **🏡 Desirable Property:** A well-maintained single-family home offering the stability and appeal of SFR investing in a location that commands premium value and rent.
* **🔒 Unparalleled Tenant Security:** The rare 5-year lease term provides exceptional income stability and predictability, significantly reducing management overhead and vacancy risk.

**This is NOT just another rental property. This is a turnkey investment dream offering:**

1. **Immediate High Cash Flow** from day one.
2. **Long-Term Stability** with a 5-year lease locked in.
3. **Location Premium** in guard-gated Rhodes Ranch ON the golf course.
4. **Top-Tier Rents** maximizing your ROI.
5. **World-Class Amenities** enhancing tenant retention and property value.

**Investment Highlights:**

* **Price:** $675,000
* **Property Type:** Single-Family Home (SFR)
* **Location:** Rhodes Ranch, Las Vegas (Guard-Gated, On Golf Course)
* **Tenant Status:** Occupied with Lease Secured for 5 Years
* **Rent:** Premium Market Rate    ( "$4,700 @2% each year. $5,000 in 5 years)
* **Key Selling Points:** Long-Term Tenant, Premium Location, Top Amenities, Golf Course Frontage, Guard-Gated Security.

**Don't miss this rare chance to acquire a stabilized, high-performing asset in one of Las Vegas's most desirable communities. Serious inquiries only.

Carlos Aguilar
Disposition Manager 
Secret Source Properties
Call/Text (702) 500-0242
[email protected]
1120 N Town Center Dr
Las Vegas, NV 89144

www.secretsourceproperties.com

With in that budget I would recommend to look into REIT. Less headaches , safer and great for short and long returns. I recommend Lofty.

Great post! Neighborhood is a vital component to help gauge the value of the deal. If you miss it or over look the various aspects of all that comprises the specific values of an area , you might end up with a property that stagnates.Only to wonder what happened or why it didn't sell or rent. If I am not all to familiar with the area or even if I do know it, I just double check to make certain where the property sits. So I look for school ratings for most. Then I look for what type walk score and shopping centers are in proximity and median income. Crime ratings are relative or are indicative to the area. Lower income , expected higher crime data. So often I use Google maps to look at the home around the subject too. Does the next door property has a mechanic working out of their garage with cars littered in front of it? Perhaps the neighbor a few doors down has a home that stands out by coloring it pink as an example. I also use Zillow and check the walk score , school ratings. If you live a area that is prone to excessive weather it even has a climate risk report.Which in combination give me a good assessment of the entire zone. 

Quote from @William Miller:

Lately, I’ve realized that not everyone deserves a front row seat to my goals.

Most of my friends and family are good people but they don’t share the same vision or mindset when it comes to building wealth, real estate investing, or taking risks for long-term freedom. And that’s okay. But what I’ve learned the hard way is that sharing my plans with the wrong people can kill momentum before I even start.

You’ll hear things like:

• “That sounds risky.”
• “Real estate is too expensive right now.”
• “Why not just stick to your job and play it safe?”
• “My cousin’s uncle tried that and lost everything.”

Most of them mean well. But the truth is, most people want to give advice they’ve never earned. They've never done a BRRRR, never managed a rental, never dealt with banks or built anything from scratch but they have an opinion ready to go.

So I’ve been learning to keep my head down, stay focused, and connect with people who are actually in the game. People who’ve done what I’m trying to do. People who can offer real feedback instead of fear.

If you’ve ever felt the same like you’re moving in a different direction than those around you just know you’re not alone. I’m here to network, stay accountable, and build something real with people who get it.

Let’s connect. I’m always down to trade knowledge, share deals, or just keep each other locked in.

– Will

Will,  great post.Yes, your goals, plans and what drives you specifically is unique to you and only you. You will be hard pressed to find anyone in your immediate circle who understands investing, risk, cycles,ROI and life goals. You need to seek other like minded people in your area. Check out Meetup.com if there is any investors group in your area. Or perhaps Facebook. Now if you can't find a group and do I did create your own on those same platforms. Stay focused on your goals and desires. It's a long and lonely journey to the top, but when your around other like minded people that will help inspire you and your success will be your reward. 

Originally posted by @James Wise:

Originally posted by @Carlos Aguilar:

Originally posted by @James Wise:

Originally posted by @Carlos Aguilar:

Don't worry, it's agents like that that are going to be replaced by Zillows. Agents and their associations like NAR have lost control of the industry . I give them less than 5 years.

 That's an odd prediction considering the amount of folks who use agents on transactions is actually higher today than it was the year before Zillow launched almost 20 years ago.

 Well James,  your looking to the past and not the future. As most agents who continue to have blinders on with the arrogance that "Realtors" are indispensable is the very reason why your National association and your local associations have sold out the industry to Zillows. Does a home buyer or investor truely need a Realtor to complete a sale ?  Absolutely not. Since the begining ,the Realtor association did a good job in convincing the public  other wise. When the association gave up and sold out it's listing feed to Zillows you all lost the very industry it once controlled. Yet your all paying through the nose to an association in fees who didn't even put up a fight. You have no clue what Zillows has in store for the industry. They have been strategizing for years. They have been chipping away slowing but surely gaining control of the industry. He who controls the flow of data controls it all, that's their plan.  Zillows will soon one day automate the buying and selling process. They will do so by cutting the cost associated with realtor commissions . Perhaps ,down to 1 point or even just a half for each transaction. Saving consumers hundreds of millions. Zillows will transform the industry to the point you won't need to a Realtor any more.  Don't you realize that virtually every industry set for full automation and Real Estate is NO exception. But don't take my word for it, Just seat back and enjoy the show! 

 Yea man, that actual data doesn't support that theory. People have been saying that since the day Zillow launched. Yet the data went the opposite direction. Why is that?

Just got back from a Europe. Funny how difficult is it for anyone to accept the painful truth. But maybe this article in today's news explains better. Call me crazy or maybe kill the messenger but truth be told.

https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html

Originally posted by @James Wise:

Originally posted by @Carlos Aguilar:

Don't worry, it's agents like that that are going to be replaced by Zillows. Agents and their associations like NAR have lost control of the industry . I give them less than 5 years.

 That's an odd prediction considering the amount of folks who use agents on transactions is actually higher today than it was the year before Zillow launched almost 20 years ago.

 Well James,  your looking to the past and not the future. As most agents who continue to have blinders on with the arrogance that "Realtors" are indispensable is the very reason why your National association and your local associations have sold out the industry to Zillows. Does a home buyer or investor truely need a Realtor to complete a sale ?  Absolutely not. Since the begining ,the Realtor association did a good job in convincing the public  other wise. When the association gave up and sold out it's listing feed to Zillows you all lost the very industry it once controlled. Yet your all paying through the nose to an association in fees who didn't even put up a fight. You have no clue what Zillows has in store for the industry. They have been strategizing for years. They have been chipping away slowing but surely gaining control of the industry. He who controls the flow of data controls it all, that's their plan.  Zillows will soon one day automate the buying and selling process. They will do so by cutting the cost associated with realtor commissions . Perhaps ,down to 1 point or even just a half for each transaction. Saving consumers hundreds of millions. Zillows will transform the industry to the point you won't need to a Realtor any more.  Don't you realize that virtually every industry set for full automation and Real Estate is NO exception. But don't take my word for it, Just seat back and enjoy the show! 

Don't worry, it's agents like that that are going to be replaced by Zillows. Agents and their associations like NAR have lost control of the industry . I give them less than 5 years.

Hi Tayler, 

I am surprised that no one yet has replied or answered this question. I have been a short sale expert for most of my years in real estate in Las Vegas. I can tell you short sales can be a gold mine. They just require tenacity and hard work. Which is why so many agents fail at Short sales. The key point to quarterbacking your deal is knowing who the bank or banks involved. All banks are different in how they operate. Some are easier than others. Some banks are more willing to work a short sale , while some won't. The challenge is knowing if the lien holding bank is set up to do so. Some banks are arrogant and completely fail to recognize the financial benefit a short sale brings to a bank's bottom line.  In a short sale, Banks can save in attorney fees, court filing fee and time. They get a huge tax write off as a loss as well. 

I learned long ago never take no for answer when you're dealing with bank a short sale. Provided that your deal is in full swing with the bank. You need to learn how to escalate and figure out who are the top brass of the bank and how to escalate your file to them if you get a no on the sale. 

In regards to the numbers of your deal currently , is anyone guess what the bank is or is not willing to do. The "Owner" you say , is the person your contact with? If that's the case , of course the Bank is going to tell him to go pound sand!  That is self if a big mistake. The banks only mission with dealing with the owner is they want their money. They will act like the mafia towards the homeowner, you want to short sale your home?  F***k you, pay me. That's what the banks frame of mind is.  They want their money. 

The owner needs a realtor that is an expert on short sales or some kind of representation.  An agent that basically follows what I outline here. They have to have a checklist to determine if there is a department at the banks that is setup to work on short sales.  The owner or realtor can ask the bank, do you process short sales? If they say no, be sure to escalate to speak to a manger. From experience some good agents will already know if this particular banks does or does not do short sales.  Once that is determined then you know if its a dead deal or if there is a chance to get a good deal on it.  Good Luck !

I have been in the business for over 10 years. I have worked with all levels of investors.  You can spend thousands of dollars on Real Estate investment BS programs that comes out of the woodworks. Those same people are constantly  second guessing themselves to the point of never doing anything.  Sure it's important do some due diligence but dont get hung up on it. At the end of the day the first thing you need to decide is to "just do it" ! 

Paula,

*Disclosure: I am not a cpa or attorney Please consult with a local professional. These are strictly expression of my opinion and not advise.*

its important for any Real Estate investor to understand to why you should have an Limited Liability Corporation. Also , based on your question, it shouldn't matter if you do have an LLC or not. If you run your RE investments like a company for the sake of write offs, it shouldn't matter.

However to maximize your write offs look in to an "S-corp". You can create a business account. but beware not to co mingling of monies.  Meaning, dont mix personal with business funds.  You place all your real estate gross earning in to your company that you own. Which then you then can pay your self a salary after all your deductions. The lesser amount could be tax rather the gross earnings. 

Going back to LLC, If you own more than 1 or 2 homes in which you have renters , its vital to have an LLC under them. If you have a renter that slips and falls (as an example) they cant sue you directly, only the LLC(entity). Its a layer of protection that is vital for any real estate investor.

Good luck !