Josh Edelman
Las Vegas Market + News for November
18 December 2024 | 2 replies
Here's the latest market report (based on single family homes):π‘ Mortgage Rates:30-year conventional rate today is 6.72%30-year VA rate today is 6.15%ββββββββββββββββββββββββββββββββββπ° Median Sales Price:Sept: $490,000Oct: $485,000Nov: $484,995ββββββββββββββββββββββββββββββββββπ New Listings:Sept: 1,910Oct: 1,959Nov: 1,481ββββββββββββββββββββββββββββββββββπ
Median Days on Market Until Sale:Sept: 20Oct: 22Nov: 24ββββββββββββββββββββββββββββββββββπ¦ Months Supply of Inventory:Sept: 3.3Oct: 3.3Nov: 3.0π€ What does "Months Supply of Inventory" mean?
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
I believe if people make money and there is sufficient housing supply, housing will become affordable.Β
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
I drive a Teslaβ¦ itβs a really fun carβ¦ but has so much acceleration you can get yourself in a dangerous situation if you donβt respect its capabilitiesβ¦ especially as a new driver. Β
Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
Recent zoning changes now allow for three dwellings on a single parcel, and parking requirements have been lifted in denser areas, both of which have boosted the local housing supply.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
I'm not pondering should you or shouldn't ya, I think your more then capable of sorting that out for yourself,Β I'm just gonna stick to what stands out to me as best "how-to".Β
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
There's a lot you can do remotely such as listing on websites, pricing strategies, arranging/order supplies, guest communications, going to the property and doing work on it (note: travel time generally doesn't count).
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
I've worked with many property managers over the years in Las Vegas, and I only know of two who have this capability.
Ryan Duphorn
Mid term rentals specifically targeting traveling nurses
21 December 2024 | 5 replies
Consider cleaning, lawn care, snow removal and supplies as well as utilitiesΒ in your calculations.Β Β
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
Oil prices remain a huge X factor, and housing prices (at least with respect to rents)Β are being held back by the most supply EVER being built and coming onlineΒ here in 2024.
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
An experienced team or partner can also help boost confidence.Providing a combination of a solid commitment letter, proof of funds, and a clear, professional approach signals youβre serious and capable of closing the deal.