How does the perfect system to pick the best investment properties in Las Vegas work?
Believe or not there is actually a perfect system to pick the best investment properties in Las Vegas or anywhere else that use the MLS system that would identify the best investment opportunities in your selected area every time.
Our multi-step system is based on rent-ability factor concept as defined by us which is essential in accounting for and avoiding the vacancy. This is the last piece of the puzzle that we need to arrive at accurate cash on cash return on the investment after HOA fee and property tax which is then used to calculate cash flow.
Rent-ability factor measures the percentage of total properties that have been rented in less than a month. The Higher the rent-ability factor indicates less vacancy.
In this video, we discuss each step in detail.
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This was the 3rd video in the comprehensive guide to invest in Las Vegas real estate series. In the last video, we talked about is it a good idea to invest in Las Vegas real estate. In the next video attributes of the best Las Vegas investment real estate, we discuss the necessary upgrades for the price range, the age of the building and other factors that influence cash flow.