About the comprehensive guide to invest in Las Vegas real estate
In the comprehensive guide to invest in Las Vegas real estate, we provide an overview of the tree video tutorials that explain the perfect system to pick Las Vegas investment real estate that we have prepared for you.
Comprehensive Guide to Invest in Las Vegas Real Estate
In the overview of Comprehensive Guide to Invest in Las Vegas real estate, we introduce the perfect system to pick the best residential investment real estate.
But one has to answer whether or not it is a good idea to invest in Las Vegas homes or condos in the first place.
After 5 years of significant price appreciation that have cut down cash flow, many investors no longer invest in Las Vegas real estate and moved on to other markets. What a HUGE mistake.
Those who invested in Las Vegas homes, condos or townhomes as late as January 2016 have made truly eye-popping returns on the money.
We explain the reasons in is investing in Las Vegas real estate is a good idea as well as why investors who need to finance their deal are entering a speculative phase.
Let’s talk about finding the best investment properties
Our clients deserve to invest in the best-priced homes, condos or townhomes that provide the highest return on the money for their chosen price range while having a very good estimate of the cash flow. That is simple enough!
However executing it is not so simple and is extremely labor intensive.
Finding the best possible investment homes or condos here or for that matter anywhere else involves a multi-step process which requires:
1: Finding the best-priced listings in a large area
2: Calculate rental income among the best-priced properties using rental comps and arrive at an apparent rental income
3: Use Rent-ability factor concept to arrive at a very good estimate of true rental income while getting rid of properties with higher vacancy rates, in order to identify properties with the highest true return on the investment.
Here is the definition of rent-ability factor:
Rent-ability factor measures the percentage of total listings in a sub-division that rent in less than a month. The higher percentage represents lower vacancy rates. We discuss the rent-ability factor concept and how we use it to arrive at an excellent estimate of cash flow as well as prior steps in detail in the perfect system to pick the best investment properties.
Now, if our picks were reasonably upgraded and in move in condition, Halleluiah. But upgraded homes or condos in move in condition attract financing owner-occupiers, resulting in higher sales prices and lower return on the money.
Additionally, we have not talked about necessary upgrades for the price range or expenses like repairs and maintenance costs that seriously affect cash flow.
In the third and concluding video, attributes of the best Las Vegas investment real estate, we will talk about the building itself and how to prevent unnecessary future maintenance costs as well as getting more money out of the property.
If you watch these videos carefully, you will never look at investing in Las Vegas real estate the same way, or for that matter anywhere else that uses the MLS system.
If you want to buy or invest in Las Vegas real estate please call us at 800-762-4917. You can find the links to our contact info and web page with the embedded video and video transcript in the video description.
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On behalf of Saber Team, this is Karen Saberzadeh of Realty One Group and Las Vegas homes, condos & luxury high-rise condos wishing you a great day.