Las Vegas, Nevada Real Estate Agent, Las Vegas Homes, Condos, Land, Commercial Real Estate and Personal Blog

I have worked my heart out for 18 months and built Las Vegas homes, condos, land and commercial real estate system in order to provide everyone with all they would possibly need to learn about Las Vegas real estate and buying or selling a commercial property. But people are not taking full advantage of it.

The problem is that the information is scattered throughout the web-site, blog and forum. I have tried to author the web-site as a summary of the issues that are involved in buying or selling Las Vegas homes, condos and commercial real estate. I have discussed these issues in far more detail in my blog which you are reading now and started the forum so you can discuss your ideas with other Las Vegas real estate buyers and sellers in addition to real estate related professionals like loan and escrow officers.

I have decided to do a series of articles that discuss buying any Las Vegas property from the investment point of view; bring up the issues involved in investing in Las Vegas real estate and how I have tried to address these issues in my web-site, blog and forum.

Investing in Las Vegas real estate

Any and all real estate transactions should be regarded as an investment, regardless of the fact that the property would be used as an owner occupied home or condominium or an investment property that has been purchased to make money for the investor. Had people followed this rule, the current foreclosure problem that has gripped Las Vegas as well as the rest of United States would not exist.

There are two distinct types of investors in Las Vegas real estate:

1: Owner occupiers: Or those who want to invest in an owner occupied home or condo or buy a commercial property to conduct their business in Las Vegas. Residential owner occupiers can use low down payment loans such as a VA, FHA or conventional loan to purchase their condo or home and if they are a first time home buyer can get additional assistance in form of government down payment grants and tax credits to sweeten the deal.

2: Real estate investors: These buy a residential or commercial property in order to make a profit. Investors have to put up a bigger down payment and may be able to get government assistance and grants or tax breaks if they buy in a re-development zone.

I will discuss the owner occupied investors in more detail in the next blog post. The reason that I call these regular home buyers investors, is that I hope it would help them to look at the process of buying a house that they will call a home as an investment and not an emotional decision.