by Jim Eagan | Aug 25, 2021 | Real Estate News
Real Estate Prices Increasing There is still an unemployment rate of about 8%. There are tens of thousands of properties with tenants not paying rent because have not been able to evict tenants with all the ridiculous new laws. The foreclosure moratorium has ended but...
by Jim Eagan | Jun 1, 2021 | Real Estate News
Real Estate Correction? We still have no idea when. The other question is “How much will it correct?” – We can’t answer that one either because properties are skyrocketing in price. As of April, the median price has risen 21%. The faster it...
by Jim Eagan | Mar 29, 2021 | Real Estate News
CDC Eviction Moratorium Extended The Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June. “The COVID-19 pandemic has presented a historic threat to the nation’s public health…,” CDC director Dr. Rochelle...
by Jim Eagan | Feb 25, 2021 | Eviction
The Nevada Legislature is proposing to make it even more difficult to get rid of naughty tenants. If these pass, it could take 4 months to a year to get rid of tenants and legal expenses would sky rocket. These proposals are on top of the one year free ride Governor...
by Jim Eagan | Jan 22, 2021 | Real Estate News
Will there be a correction? The short answer is “Yes.” We just don’t know when. I made a video which explains why there will be correction. In summary, hundreds of thousands of folks in Las Vegas are unemployed. Right now, Las Vegas housing prices...
by Jim Eagan | Dec 14, 2020 | Real Estate News
Sisolak Strikes Again Thanksgiving was an opportunity for everyone to give each other Covid. Cases spiked, death’s spiked and Sisolak squeezed business owners and property owners even more. The eviction moratorium has been extended until the end of March! This...
by Jim Eagan | Oct 27, 2020 | Real Estate News
North Las Vegas Now Allows Short Term Rentals Last week, North Las Vegas City Council approved short term rental licensing. This is huge for our investors who want to leverage even more money out of their property. Here are the basic rules: Ownership must be over a...
by Jim Eagan | Sep 7, 2020 | Real Estate News
Government & Economy According to this interactive chart, no one died in the entire state of Nevada on September 5th. Bars still closed and there are no events scheduled in the next few months. About 20,000 people got fired last week. Our governor is simply...
by Jim Eagan | Jul 18, 2020 | Real Estate News
Las Vegas Covid Phase __ I have discovered Covid discussions are right up there with politics and religion. I try dodging questions about Covid for that reason. However, many of our investors have been asking “What’s it really like in Las Vegas?”...
by Jim Eagan | Jul 2, 2020 | Eviction
August 1st Anyone who has an expired lease is eligible for an eviction. Tenants who are excessively past due and have an expired lease will be placed on our “Exodus” list. Owners will receive the entire security deposit back and tenants will be given to...