Las Vegas Real Estate News 

Commercial real estate markets: A new normal?

An unanswered question for Southern Nevada commercial real estate markets is whether they will recover to the typical vacancy rates enjoyed before the Great Recession. My opinion is that office will continue to have high vacancy rates while retail vacancy rates will fall rapidly. This is the time to get into retail strip malls.


E-commerce drives growth in industrial space
Industrial space is getting snapped up like crazy with all the online shopping available.

Las Vegas luxury market on the rise – Even those bling bling houses are starting to rise in price. Send more Californians please. 

9216333_web1_wigwam-and-sp-subdivision_001.jpg

More Developments in Southwest

Crazy right? The Southwest is becoming it’s own city with aggressive growth. We generally don’t recommend “New Builds” for investors as they come with a high initial tax burden and steep HOA costs. Better returns are found on homes that are not in HOAs.


Short Video on Asset Protection 

Asset Protection


Investment Property – Owner Will Carry

Screen_Shot_2017-09-14_at_1.22.11_PM.jpg

One of my associates has a property where the owner is willing loan 6%, interest only on a 3yr loan for $295,000. That puts the total payment inc taxes and insurance $1,128.17. It should rent from $1550 to $1650. Cashflow somewhere is the range of $421 to $521 which is not bad. 


Moving To Vegas?

Barb’s Corner – Here are this this week’s lows and highs. Call her at (702) 759-9724 if you want more information on these.

barb_eagan.jpg

Screen_Shot_2017-09-14_at_1.01.36_PM.png


airbnb-devoile-sa-toute-nouvelle-identite-visuelle0-192x128.gifReal Estate Lows and Highs

Our phone is blowing up on investing and managing SFRs in the short term rental market.  It’s so popular, I create a whole page to answer FAQs on Airbnbs. Please read this page first before calling. If you have the guts, we have the process for you.


This week’s SFR recommendations

Single Family Search Page

This weeks’ Commercial Recommendation.

1

4777 E Charleston Blvd

Las Vegas

NV

 

89104

Property Photo

Property Details
Price
$1,950,000
Gross Leasable Area
18,908 SF
Lot Size
1.26 AC
Price/SF
$103.13 /SF
Property Type
Retail
Property Sub-type
Neighborhood Center
Property Use Type
Investment
Tenancy
5/8 occupied
Tax ID/APN
161-05-510-008
Status
Active


Popular Videos


Proven techniques for managing properties. On Sale Now

This book was written to help other property managers and brokers live a comfortable balanced life. While most of the concepts and tips are applicable to folks who want to manage their own properties, the majority of the content is for business owners. This book also applies to small and large operations. 


Limestone Investments