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Las Vegas : Real Estate Advice

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  • Local Info69
  • Home Buying305
  • Home Selling35
  • Market Conditions35

Activity 565
Mon Apr 13, 2015
Alfred and Petra Krolzyk answered:
I am a Realtor serving the Las Vegas Valley and can help you with that. Please send me an email to lasvegassunhomes@gmail.com
Do you have pets, do you have issues with your credit score?
You can additionally check out the property search on my website:
http://www.lasvegassunhomes.com/Search-Homes

Petra
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0 votes 3 answers Share Flag
Wed Mar 25, 2015
answered:
This is a company out of California. They built only a few communities in Las Vegas NV. They are still around.

Here is a copy of their link to their web page.

http://www.lucashomesllc.com/

I hope this helps.

Becky Cordova
702-612-1584
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0 votes 1 answer Share Flag
Wed Mar 11, 2015
Angela Adams answered:
If you are thinking about purchase property in the Greater Las Vegas area, please see the following links to check crimes that have occurred recently. Type in the address of the property and it will give you a detailed view of recent crimes in the area, please see the following links to check crimes that have occurred recently. ... more
1 vote 6 answers Share Flag
Tue Mar 3, 2015
Dale Snyder answered:
What is the home worth?

Are there any unpaid fees or debt that have caused any liens to be put on the property?

Can we visit the property at different times in the day? Morning, afternoon, evening, night!

Do you work solo or as part of a team? Full time?

Do you have a web presence?

What designations do you hold?

How will you keep me informed about the progress of my transaction? How frequently?

Why should I hire you over your competition?

Can you explain the buying/selling process to me start to finish?

May I see the documents I will have to sign?

What haven't I asked that I need to know?
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0 votes 11 answers Share Flag
Tue Mar 3, 2015
Dale Snyder answered:
http://www.findlasvegasproperty.com/

This link will be extremely helpful as well. Let's you run a search just as if you were a realtor looking on the MLS!
0 votes 3 answers Share Flag
Tue Mar 3, 2015
Dale Snyder answered:
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=15&cad=rja&uact=8&ved=0CKYBEBYwDg&url=http%3A%2F%2Fwww.lasvegasproperty.management%2F&ei=P-31VNLeKcmsogThioLQBQ&usg=AFQjCNEkurhtJU8Uxs9y6pThfBm4ZguQ8A&bvm=bv.87519884,d.cGU

This link may help you. I would also recommend doing a simple yelp search of review about property management groups. You may pay a bit more for the services each month but a quality company will offer more services to you and go that extra mile. Hope this was helpful!
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0 votes 2 answers Share Flag
Sun Feb 22, 2015
Diann Tonnesen answered:
You have already received some good advice on this - what makes a "good" or "bad" neighborhood is often based on personal preference. You need to get out and explore neighborhoods on your own - I always recommend going about the time when people are getting home from work. That way you cold even stop a few on the street and ask them what they like or dislike about their community. Most people LOVE to give you their opinion!

If you are concerned about crime, here is the Las Vegas crime statistics web site and you can draw your own conclusions.

http://www.crimemapping.com/map/nv/lasvegas

It's pretty cool once you get used to how it works. To start, simply enter a property address at the top to search. When that specific property's area map opens, you can adjust the criteria by using the tabs above the map for crime types, dates, etc. The date will only go back for the past six months, but if you use the same criteria consistently it will give you a great idea of how much relative crime there is within a certain radius of a given address.

I like to search by zip codes myself. You can plug in the address as "89149, Las Vegas, NV" and pull up everything within a mile radius.

If crime is your main focus, you may want to locate lower crime zip codes first and then look for homes within those zip codes rather than looking for a home first. You can go to this site and search for homes by zip code:

http://www.greatlasvegashomes.com/las-vegas-zip-code-map.php

If you have any other questions, just shoot us an email at sold@greatlasvegashomes.com. We have been agents here more than 30 years, so we should have the answers. :)

Hope this helps!

Diann Tonnesen
Berkshire Hathaway HomeServices
sold@GreatLasVegasHomes.com
702-985-7654

The Tonnesen Team - with over 30 years of experience helping families call Las Vegas "home!"
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0 votes 4 answers Share Flag
Sat Feb 21, 2015
Mike Kruse answered:
Las Vegas is known as "Sin City" but those of us that live here certainly know different. With that said it all depends on what activities you are looking for. I have lived in the Las Vegas valley since 1992 and can tell you first hand that each neighborhood has its own feel and recreational aspects. As others have mentioned, it all comes down to what you want to be close to, schools and budget. ... more
0 votes 5 answers Share Flag
Thu Feb 19, 2015
answered:
Apartment buildings are often owned by large corporations so a persons personal struggle is often overlooked by computer generated credit ratings.

You should perhaps look at condos that are owned individually. This will give you direct communication with the property owner and a direct line with him or her and the ability to show that you are a real person that just happened to fall on hard times.

I hope this helps.

Becky Cordova
702-612-1584
... more
0 votes 1 answer Share Flag
Tue Feb 17, 2015
answered:
Hello,

I just took a second and read your question, also took a minute and read all of the replies.

The one thing I find funny is no one has made any reference to the ROI being gross or net. Eight to 9 percent gross can be done all day long. Now what you net is a different story.

Between my husband and myself we own multiple properties throughout the valley and manage quite a few as well. This is true for both residential and commercial.

Right now we are seeing returns on SFR properties within the 89123 postal code at about 4.5 % to 6% net. A blue chip area. Gross they are at about 7.5% to 8% gross. So you loose a few points after management fees, taxes, insurance, vacancy calculations repairs etc.

Take that same house and put it in North Las Vegas and we see ROI at 6%to 8% net. Not so much a blue chip stock anymore. My experience is eviction rates are higher, vacancy rates increase, tenant life expectancy within the property half of that of southern Las Vegas. Gross return ranges from 8% to 11% gross.

These examples are all real world examples of properties we own and or have purchased within the last 5 years.

With regards to multi family properties. The ROI is significantly higher. You are looking at an average of 9% to 11% net ROI with a gross of 9.5% to 14% gross. Obviously turn rates are higher, vacancy rates are higher etc. A higher risk investment brings a higher return.

I hope this helps.

If you would like to discuss further or have additional questions feel free to contact me at your leisure.

Respectfully,

Becky Cordova
702-612-1584
becky@canamrealestateservices.com
... more
0 votes 6 answers Share Flag
Tue Feb 17, 2015
answered:
Many of the hi rise towers do allow this.

Between my husband and myself we own quite a few investment properties throughout Las Vegas.

If you're looking to buy a property for investment within one of the towers their are a ton available. If it is merely for investment there are other properties that would perhaps be better suited for you to park your money.

The HOA fees within these towers tends to be high and takes away from the return on investment. That is my experience.

Let me know if I can assist further.

Respectfully,

Becky Cordova
702-612-1584
... more
0 votes 4 answers Share Flag
Wed Jan 28, 2015
fosterkicks99 answered:
Fire extinguishers are something that everyone should have. Even if you are in a small apartment, you still want to protect yourself from a potential fire. It is better to be safe then sorry. Plus if you have it, then Murphy's Law is that nothing will happen to make you use it.
http://www.localfire.com.au/services.php
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0 votes 3 answers Share Flag
Sun Jan 18, 2015
Alvin King answered:
If you would like to purchase with All Cash, by all means, follow through with your plans. Credit will not be an issue, If paying straight Cash. Good Luck!
0 votes 34 answers Share Flag
Sun Jan 18, 2015
Alvin King answered:
NO! Not in Las Vegas. If someone says that they purchased A HOME in Las Vegas, NV for 2K, don't believe them. That sound more like A Rental Price. Good Luck!
0 votes 5 answers Share Flag
Fri Jan 16, 2015
Lefti999 answered:
We hate renters in Scottsdale points. Section 8 trash with 5 or 6 kids. Stay out . Ppl like you ruin good neighborhoods. Just had teen assault a elderly man here. That's what you get with renters ... more
1 vote 4 answers Share Flag
Fri Jan 16, 2015
Garry Deremer answered:
There are several companies in Las Vegas that charge a "Documentation Fee".. In my opinion, just another way to get some money from you.

My company, www.DeremerRealtyGroup. does NOT charge these extra fees.

Best regards
Garry
Owner, DeremerRealtyGroup.com
702-497-2262
... more
0 votes 5 answers Share Flag
Thu Jan 15, 2015
Dale Snyder answered:
Yes, properties can be featured - other searches allow you to select how you want properties to be sorted (thus affecting how the property "ranks" in the results).

Featured properties seem to lean to properties that have had paid promotion or the other properties of the agents who have promoted properties. ... more
0 votes 1 answer Share Flag
Wed Dec 31, 2014
Joyce Sportsman answered:
Email me the specific of your search - # of bedrooms? Garage? single family home or condo type property? Pets? What ever is important to you including major cross streets or landmarks you would like to be near, I will find you something. I have a couple that just opened up in that area. ... more
0 votes 1 answer Share Flag
Tue Dec 16, 2014
Chad Roberts answered:
Please see the crime mapping links below.

http://www.crimemapping.com/map/nv/lasvegas

http://crimeview.cityofnorthlasvegas.com/

Regards,
Chad Roberts
Broker/Salesperson
Realty One Group ... more
0 votes 8 answers Share Flag
Wed Dec 10, 2014
Diane Christner answered:
The fees go by various names. Basically brokers claim they are a way to cover rising business costs associated with doing business. Critics complain that these fees are used to increase broker profits without adding any additional services.

According to the U.S. Supreme Court these “unearned” fees charged by lenders and other service providers do not violate federal law as long as they are not split with anyone else.

If a brokerage is going to charge these fees, they should be disclosed up front to the customers, not at closing. Typically if a customer refuses to pay the fee it will be deducted by the broker from the agent's check.

My previous broker instituted a transaction fee several years ago. Most customers would go ahead and pay the fee but none were happy about it. I personally never liked the fee. Eventually I moved to a brokerage that does not charge transaction fees to it's buyers and sellers.

To me, putting lipstick on a pig is an applicable term for these transaction fees. No matter what shade of lipstick you apply, in the end, it's still a pig.
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0 votes 85 answers Share Flag
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