Las Vegas Real Estate News
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Home prices increase.
It’s not easy being a buyer right now. We are back to the crazy time of multiple offers over list. If you are an investor trying to get a single family or multi family home, brace yourself for sticker shock.
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Las Vegas lags in number of new rich ZIP codes
Luxury homes are still soft but they make poor investments. Unless you are cashing out of California and want to retire here, there is nothing to see here.
One Minute Video on Partnership Alternatives
Limestone Investments Liquidating Multi Family Properties
Our investors have unloaded about 26 of our 30 multi family buildings for these 4 reasons:
- They are old and prone to major repairs.
- The prices have increased dramatically and they are taking their gains.
- We are done managing them. All of our lawsuits and brain damage are attributed to these tenants.
- Airbnbs out perform multi family by at least 2 to 1.
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
This weeks’ Commercial Recommendation.
1
,
,
| 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.
