Las Vegas Investment Property is getting as hot as our desert weather in the summertime. InvestorLoft just released a report today of the top ten investment markets in the country and Las Vegas made the cut – Las Vegas Investment Property is hot!
Why Las Vegas Investment Property?
We think the Las Vegas Real Estate has bottomed out and/or is so close to an absolute bottom that we won’t see any significant price erosion moving forward. But, more importantly, we have cash positive Las Vegas Investment Property we are selling to investors from all over the world, who are snapping up great deals. Most are putting down 15-25% to generate a cash positive investment
Las Vegas Investment Property Financial Snapshot
If you look hard at a theoretical Las Vegas Investment Property deal it would be structure like this. Purchase a home for approximately $130,000, with a deposit of 20% down of approximately $26,000., you should clear after all taxes, insurance, allowance for repairs a net of $3-3,500. per annum, a return of 10-12%, which is much better than an IRA or a SEP. And, depreciation deductions should shelter a good part of your return from taxes.
Based on a recent Investor Loft Report, a Las Vegas Investment Property was ranked number two in the country in terms of operating income from a property (annual rent minus upkeep, insurance and property management costs) divided by sales price. We think this underscores the opportunity to invest in Las Vegas Real Estate.
The Bubble and Las Vegas Investment Property
The real estate bubble economy has clearly popped around the USA. We are working with Las Vegas Investment Property investors who are once again looking at real estate based on the value the rentals will return, as opposed to unhealthy appreciation that many were looking for in the “bubble economy.” We think this is good for all parties!
Let us know if you would like a copy of our informative Power Point Presentation on Las Vegas Investment Property or would like to do some research via Investor Loft. Please contact RE/MAX CENTRAL of Las Vegas today, follow us on Twitter: RuthAhlbrand or info@LasVegasRelocation.com
