I travel a lot to Miami and I do remember that during last crisis cities like Miami and Las Vegas go first down to nothing (real-estate wise) because those cities have a lot of 2nd and 3rd homes sitting empty(while being terribly overpriced), plus  when **** hits the fan vacation homes lose the most value.

I've narrowed it down to 3: Berkshire Hathaway, Keller Williams, Signature Real Estate (This last one is only in Las Vegas and here, they are fee based but also offer great training for newbies)With my intensions of focusing on luxury homes, I worry about working with a smaller brokerage (Signature).

About a year ago I made a series of posts about my plans to purchase a multi family in Las Vegas.

I would Not be greedy yet until at least 18 months plus later, especially in my volatile Las Vegas market.  

If I were in say Las Vegas, I probably wouldnt be buying anything right now. 

Newbie from Las Vegas, Nv. 

Newbie from Las Vegas, Nv. 

Purchase price: $1,000,000 Very successful cash flow property near the famous Las Olas Boulevard.

Yes, buy the companies in travel and entertainment (like Las Vegas), of course bank stocks, at that time too...invest in the ones that have the solid foundation to continue again. 

@Wesley Van Steenbergen As the saying goes...The best time to plant a tree is 50 years ago.