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6 May 2024 | 10 replies
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 showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.
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6 May 2024 | 7 replies
I've also started to assemble a potential team based in the Beaufort area, including attorneys, property inspectors, and an accountant.
6 May 2024 | 8 replies
Provide Ample Notice: Regardless of legal minimums, giving your tenants more notice than required can help maintain a good relationship and give them ample time to find new housing.4.
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6 May 2024 | 5 replies
They were able to help me find some pretty good deals that have provided some great returns as the years have progressed.
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6 May 2024 | 10 replies
You will also need a good real estate attorney that can advise you on deals, a good CPA that knows the details about investment real estate, insurance agent, and contractors who can provide you bids on work that needs to be done on the properties you look at.
5 May 2024 | 6 replies
New York has outstanding judgment collection laws that allow for levies on accounts and payDaniels, Norelli, Scully & Cecere are excellent
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5 May 2024 | 7 replies
I might do a deal where I purchased the property and provided the “buyer” worth an option to buy for the period of the loan with monthly rent” payments equal to the interest payments on the would be note.
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6 May 2024 | 5 replies
Good investments can be made in any market provided one has excellent local market knowledge.
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6 May 2024 | 8 replies
Beware they tend to give BPO's which are closer to ARV's vs As-is values (as do majority of sellers) so don't leave much room for profit after taking into account holding costs, legal, taxes, etc.
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6 May 2024 | 12 replies
Larger properties can accept smaller amounts on a per room basis, thus providing more value at scale.5) It's a lot of work.