David Cooper Las Vegaqs Foreclosure Investor In Bank Owned REOs with Cash Flow. email or call for FREE
daily LIST +1-7024997037 not a real estate investor
to pass zoning laws. Might be a great investment. Are there any more available
David Cooper Las Vegas Foreclosure Investor in Bank Owned REOs with Cash Flow +1-7024997037
I have one investor that has purchased 20 condo units in the SW.. I call him the monopoly buyer. He is purchasing estimated 1000 st. condo units, two bedroom and two bath units. No garage.
It's a great time to buy in Las Vegas.
Penny O'Brien with Simply Vegas
.....Las Vegas Foreclosure Investor Bank Owned REO;s with Cash Flow . 35 years experience.-
- David Cooper +1-7024997037 for serious investors only not a real estate agent
Thank you for your business,
Monk Boyer, CSP, CFAC, GRI
Realty Executive of Nevada
1903 S. Jones, Ste. 100
Las Vegas, NV 89146
I would think your $300,000 would give you a greater return buying 4 large 2+2 condo's in upscale neighborhoods like Summerlin. The one's I am thinking about Sold for $215,000 just 4 years ago, and our property manager is obtaining quality tennants at excellant rents. I have compared rent returns of a 4 plex vs. those of 4 seperate condo's and get newer units, more rent with the condo's,better tennants, less turnover, less maintenance, plus a much better chance for appreciation.
Of course, the condo's need a first class property management company that makes it a turn-key operation.
Questions? email or phone for free list
David Cooper. Las Vegas Forclosure Investor in Bank Owned REO's with Cash Flow. Call +1-7024997037
not a real estate agent
It is absolutely the worst time to buy in Las Vegas. Unless of course you want to make it hand over fist and take advantage of the most fantastic buyer's market in the past several decades! All kidding aside, Las Vegas real estate it is about the best possible place to get the highest return on your investment.
There are many opportunities to choose from. If you like multi family or single family you can't go wrong. However, like some of colleagues have mentioned, multi family properties might come with some deferred maintenance issues that could reduce your profits. Plus they bring more apartment style tenants that tend to be more transient.
Here are my thoughts on this. Since investors are finally able to get positive cash flow, something that has been rare in the past ten years, why not invest in something that is easy to rent and easy to maintain? I would suggest single family homes.
There is a huge market for 3 or 4 bedroom homes since there are many good, hard working people that may have lost a house to foreclosure or had a short sale that just came from a similar property.. It doesn't mean they will be a bad tenant. I fact, most likely, just the opposite. They are used to home ownership and are used to taking care of things. Plus they need a yard, garage, and several bedrooms. They still have all their stuff from being a homeowner. Additionally, they won't be as transient as the multi family tenants. They need to stay put, rebuild their credit and then try to buy later. On average, this will take at least two years.
As far as deferred maintenance, we can find you someting that is fairly new so the roof and systems are not in need of repair. You can put a home warranty on the property to add limited protection and help to defer any big ticket items.
Once things turn around, statistically, single family homes appreciated at a faster rate than , condos, townhouses, or multi family. So investing in 2 or 3 single family homes, low maintenance, more stability with a tenant, and potentially the fastest rate of appreciation all make for a great opportunity for you.
Some people, other investors or agents, might disagree with this which is fine. This is my opinion and I think I bring up some valid points that could benifit you.
So again, in answer to you question, it is a terrible time to buy, unless everything that you just read above makes sense to you. I have been selling real estate in Las Vegas since 1989 and have been a life long member of this community. Take a chance on me and give me a call. I work directly with you. You will not be passed on to a team member. Straight communication, me and you. Call me anytime at 702-889-8922. I look forward to helping you reach your goals.
Doug Sawyer, Broker/Salesman
CFAC (Certified Foreclosure Alternate Consultant)
CRS (Certified Residential Specialist)
GRI (Graduate Realtor Institute)
Realty Executives of NV
like all the other Agents stated, it is a perfect time to invest in Las Vegas real estate. With so many foreclosures rents are at a premium. You may want to interview several Agents to make sure you have the Realtor that will be the right one for you and will meet all your real estate needs. If you have addidional questions please contact me.
Great question. Las Vegas is an investors paradise in the current market. I am set up to purchase at the foreclosure auction. I can supply a spreadsheet with all the daily auction activity. There is a team of professionals doing the comparative analysis every night for the next days auction. The team is set up so they can drive the auction properties within 10 minutes to get the information needed to help make a decision. There are rehab crews available with a proven track record or you may choose to use their own. You may want to flip the properties and turn your money over several times a year. Our team of professionals can help you with buy and flip or buy and hold. Our team is showing some great results. Give me a call and lets discuss more of the details.
Suzie Marquardt / David Fahrny
Realty One Group
Yes! It is the perfect time to invest in Las Vegas real estate! There are great deals to be had and cash is king, as they say. I would love to dicuss your options and expectations and help you find the right properties. I have a lot of experience in working with investors and investment properties. My company also offers property management services to help you after the purchase(s). Please call me directly.
(702) 501 2992
Innovative Real Estate