Las Vegas Real Estate News
Las Vegas apartment developers are some of the busiest builders in the valley, opening projects that often charge above-average rents and offer a big menu of amenities. Some 3,000 apartments hit the market valleywide last year and 4,500 are expected this year. Most of these large projects are in the suburbs. I think they are over building which will keep pressing rents lower.
Here is the top 10 properties you should consider purchasing for lease/options.
An investor from California has approached us to let these go at a bargain. They were not managed properly and these are rare flipping opportunities for investors who want to roll their sleeves up. Jeff Dr would be a good lease/option property as well.
|Address||Beds / Bath / Gar||List||Repairs||Comps||Pool|
|5545 Harris Ave||4 / 2 / 0||$140,000||$50,000||$250,000||Yes||Video|
|5320 Jeff Dr||3 / 2 / 2||$70,000||$46,000||$140,000||No||Video|
|5137 Margo||3 / 2 / 0||$60,000||$40,000||$150,000||Yes||Video|
Property Management Info
Property Management Software Change – We are still testing and checking out property management software. Since ours is beginning to stabilize, we may not change at all.
Luiza Hunanyan – Has joined Limestone as another member of our maintenance team. She handles all the HOA love letters that we get nearly on a daily basis.
Recent squatter removal video.
Evictions and how they work