Instead, invest in areas with a higher ROI, like backyard amenities, game rooms, and standout design.Most of our clients refresh these spaces with a new coat of cabinet paint, updated flooring, and small changes that make a big impact.

This may decrease the amount of dues owed per unit, but also creates major issues when there is a hail storm or other loss that effects the exterior and shared spaces of the property. 

As you spend more and more time in both of those wonderful spaces, you'll find that Michael is among the greatest contributors to them, providing an abundance of no non-sense expertise.

We added $40K-$50K refinishing the hardwood floors, removing wallpaper, painting walls and updating the kitchen & bathroom with new cabinets, adding granite countertops and creating a BEAUTIFUL dining room off the kitchen that was wasted space as an enclosed porch, and also added french doors leading out to a newly-built pre-finished deck we added so the new owners could enjoy their gorgeous fenced in backyard.

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.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).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF remained unchanged from March, now at the highest level in the last 13 months.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I work closely with people in my market that are looking to invest in the STR space!

The main space is used as an office for a non-profit organization and currently has an active lease set to expire Dec. 2025, but lease doesn’t have to carry with the sale.

Gain the skills to take on projects like revitalizing single-family homes, converting underutilized commercial spaces into profitable mixed-use properties, constructing small apartment complexes, or repurposing vacant lots into valuable community assets, all with the aim of strategically growing wealth within the community and for your family.As a Developer, you’ll also become a….Community Catalyst: Become a local real estate developer to transform your community, shaping its future and making a positive impact.Profit Center: Real estate development offers opportunities for financial growth, turning your investments into substantial returns.Creative Agent: Unleash your creativity and innovation in design, sustainability, and community-focused projects.Job Creator: Your projects create jobs, benefiting both the community and local residents.Legacy Builder: Develop a lasting legacy by creating buildings and spaces that leave a profound and enduring impact on your community for generations to come.Join the movement to reshape our community through local real estate development!

Built in 1987, the building features four spacious units, each offering 1,012 square feet of living space with two bedrooms and one bath, and a cozy 506 square foot one-bedroom, one-bath unit.