:) Hello there!
Henderson is a great area. Would you prefer being closer to downtown, or in a more outlying, residential-type area? I'd be happy to shoot you a lot of detailed information!
Shoot me an email at: firstname.lastname@example.org... more
Here are the homes currently for sale in Lake Las Vegas, a gorgeous master planned community in the foothills of Henderson near Lake Mead. These listings are current as of 11-28-2013. Happy Thanksgiving!Lake
Absolutely! Overseas investors are able to purchase property in the USA with little difficulty. Many properties in Las Vegas, Henderson, and Lake Las Vegas, are foreign owned. With many properties to choose from, I'm sure we could find one for you.
Please note that many of the properties you see here are part of master planned communities, condominium communities, or both. In any case, monthly fees for homeowners associations and amenities can total in the hundreds of dollars. In the event that you purchase a property in cash, there will likely be maintenance fees that need to be paid regularly. This is certainly not meant to discourage anyone; just educate.
Foreign investors are subject to FIRPTA, or Foreign Investment in Real Property Tax Act. More detail is available by search or request.
Please let me know if there is anything I can do to help in your property search.
Sonny Minx... more
Here are all the active rental listings in Lake Las Vegas up to the minute! This includes condos, town homes and single family homes.
Hope this helps!
Prudential Americana Group Realtors
The Tonnesen Team - with over 30 years of experience helping families call Las Vegas "home!"... more
I think the whole las vegas market was hit hard in the last 3 or 4 years, but the last 12 months have shown steady increases, in fact over the last 12 months has shown an overall 24% increase. 89011 is the zip code for lake las vegas and it has lagged, but did show increases of 9% over the last 12 months (thru august). I expect a gradual increase over the next 3-5 years with gains of 4-8% per year. Las Vegas is coming back. We have a 2-3 month inventory and rising prices.... more
You have to have a more perminant residency in the US to obtain a mortgage. You should obtain a green card or if you are coming over on a work visa that may be suffiecient. I just worked with a buyer his first home was purchased about 8 yrs ago with a work visa. While purchasing his second home, in 2009, his visa expired and his green card was still in the processing stages. Even though he already owned a home in the states and has works here and has filed tax returns since he's been here. He uses some sort of permit he renews every year or 2 that give him permission to work in the states. The lender gave him an extremely difficult time, after he had many conversations and submitted several different forms to the lender they finally approved him. Good luck and check www.usimmigration.com for more information on residency.... more
Before you consider a real estate investment in an area that you are not familiar with, do some in-depth investigation. Visit the websites of property management companies in the area and see what your rental competition would be. Call them and ask how much your property would rent for, how many properties like it are available, how long those properties have been vacant. Be sure to find out how much they would charge to manage your property and how much in reserve funds you should keep on hand. Good luck to you.... more
Please contact me to get detailed information. I can help you, usually at no cost to you.
Barrett & Co., Inc
2885 S Jones Blvd
Las Vegas, NV 89146
~ Your Real Estate Concierge ~... more
There are some phenomenal buys in the Las Vegas/ Henderson, NV market at present. If you would like to receive our "Hot Sheet" listings as they come on the market. We can send them to you by e-mail. Visit our web site and register for this information and you will get a very good idea what can be purchase in the fantastic buyers market we are currently enjoying. www.ctrhouse.com
Shane Carter 702-501-2883... more
The HOA dues vary in Lake Las Vegas. In the South Shore , if that is where you will build , is around $225 from what I have seen with previous listings. I am happy to research this is more detail for you. You can contact me directly , email@example.com or my cell phone 702.265.6000 , I am happy to answer any questions you might have. I will also look into your other question regarding living in the motorhome on site. I have seen 1 bd renting around 700-800/month previously.
All the best ,
I look forward to hearing from you.
Christina Arnold... more
A couple of suggestions:
If you plan to rent the home out for a short period of time, you may not need to worry about re-financing. If the financing you have is based on you occupying the property (owner=occupied), and that status is going to change to an investment property, then it may be you will have to re-finance.
I suggest discussing your situation with a couple of Realtors. Compare their answers to your questions, including "what are my options?". what is market value, what rent income could I expect?
Also, I would discuss any major changes with my CPA. It sounds to me as though it would be good for you to know up front any impact this decision would have on your tax situation.
Email or post if you have more questions.... more
If you qualify for HAFA... Is the home your primary residence? Do your tax returns show it as your primary residence?
Here is a link that will answer many of your questions..
Ruthe Realty, LLC
The utlook is excellent right now for Lake Las Vegas and probably for many more years to come it will continue to be good. Property is selling rapidly there right now and has been for some time. Prices still remain below 2006-2008 in Lake Las Vegas as they do all over the city. We are up significantly above the bottom, but not at the top of several years ago. If you are interested in LLV, now is the time to purchase there. No one can predict the future and what prices might be then.... more
We have done many scenarios similar to the one you describe for our investor clients. The returns are usually around 16% + or – 2%. This is considering taxes, insurance, and HOA dues. Anything better than that is a great Return on Investment. I would first find a Realtor who can send you a list of homes that fit your criteria and then once you find the homes, ask the Realtor to pull rental comps for you in that area. The Realtor should be able to put together a spreadsheet of what the rental comps are, taxes, insurance, and HOA dues are for the homes that you decide on. Also consider how many days on market the homes sit vacant before they are rented.
In addition, the Realtor must act quickly, because homes in Las Vegas are receiving multiple offers often days after they have been put on the market.
Another option if you really want to get your hands dirty is to buy at the trustee’s auction. Here you must purchase in cash and you will not have as much time to do due diligence. You will not have much time to view the property before it is purchased because most of the time you will know which ones are worth bidding on until the day before or day of the auction. Furthermore, you may have liens that you will have to clear off, repairs to make, or people that you will need to evict. The upside to this approach is that even with these headaches, you can still get a return of about 20% right off the bat.
Good luck Theresa, I hope the Van Group can apply for the position of your new Realtor.
If you like this answer, please give it a thumbs up!
Attorney, Realtor, Broker Salesperson
Realty Executives of Nevada
The Van Group
Rents are still low compared to 2007-08, but the are slowly recovering. As sales prices increase on homes in the valley you will see rental rate rise as well. There are thousands of rentals on the market but if repaired, rehabed, and managed right you should be able to rent the home in a very short period of time, 30 days or less. Of course market rent depends on what area of town and how well the home compares to other homes for rent. Demand is good in all areas new or old. John Edmunds, Realty One Group 702-373-9229... more
For condos usually monthly, make sure you find out what is included this may make the difference
in how much the HOA is....
Good Luck to you, are you working with a buyers agent to assist you, it may be a good idea.
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)
Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)... more