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19 August 2024 | 0 replies
For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes all property types and price ranges.We're observing the typical seasonal slowdown in prices and inventory that starts in July because fewer people are buying properties and moving as school resumes in mid-August.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had a slight drop MoM ($1.19/SF vs $1.20/SF).
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19 August 2024 | 10 replies
No one really talks about this but they should because a lot of people get stuck buying a new fancy home and then in 12-24 months they are under water.Again not everywhere but in a lot of places where you see a small phase of builds go up and then it’s off to another city or county.The other thing that is not talked about much is home prices if the home price is under say $200K the builder loses interest.
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18 August 2024 | 18 replies
I first got started with real estate by buying a 3-flat on a whim 5 years ago and now I am back for more.Happy to meet everyone!
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20 August 2024 | 16 replies
So might think about that when you buy or remodel
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19 August 2024 | 18 replies
I assume buy and hold but are you focusing on single family or multi-family?
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19 August 2024 | 9 replies
Please remember to buy an extra box or two of the LVP so that you can do spot repairs if needed!!
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18 August 2024 | 16 replies
A teacher has to buy within the boundaries of their district with no exception(not even a block as I had a buyer for one).
19 August 2024 | 6 replies
We've done buy and builds ourselves or can do BTS's but retail medicine in general has a hard time making the debt on a ground lease work, so if you are looking to do that the medical space is likely not the user for you, but if you were looking to BTS or to sell, its a solid end user to work with.
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18 August 2024 | 0 replies
Investment Info:Condo buy & hold investment.
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18 August 2024 | 13 replies
Remember though your not paying retail price... buying all five at one price should be more of a wholesale price.Left the maintenance person with free rent out of the calculations... that is for you to decide after you buy the park.