We are now in Q3, and it is a good time to check in on the Las Vegas investment market's performance for the first half.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).How’s the Market Doing in 2024?

Like who will manage the building, what is the collective rent, what are the taxes and insurance, is it all up to codes of the town, zoning questions, what is the as-is value - this will be very, very hard to comp and the lender will come in at the low end of the comps for sure. 

I wouldn’t state any final decision on family until I talked to someone knowledgeable about Fair Housing and your local occupancy codes.

Hi AllI'm on my neighborhood association's problem properties community and we are tracking a large property in Kansas City, owned and managed by an out-of-state investor, who is delinquent on taxes and has multiple housing and health code violations.

Where can I find detailed zoning information (beyond just the code, such as max building height, maximum percentage for building size, etc.)?

This is one of those complicated areas of the tax code.

His motel has been shut down since COVID-19 for not being up to code, now, he has renovated it and water/electricity is running.

For instance, a three-bedroom, one-bathroom property listed at $1,450 has been available for 37 days (zip code 43205) or a two-bed, two-bathroom property listed at $1,900.

Ok, for anybody still interested, I located the applicable regulations.Performing repairs yourself on property held within your SDIRA fall under United States Code: Title 26, § 4975, subpart (c)(1)(C) which reads:(c) Prohibited transaction(1) General ruleFor purposes of this section, the term “prohibited transaction” means any direct or indirect—(C) furnishing of goods, services, or facilities between a plan and a disqualified person;As stated above, it is a little vague and subject to interpretation.

These investment properties are being built to Indiana residential code and are approved at each stage of development by the city and city permits.