All the rage these days, a Las Vegas “short sale” to the uninitiated means snatching a valuable piece of property from a grateful lender or desperate property owner at so-called “bargain basement rates.” Actually, the short sale phenomenon, born from the ashes of the Las Vegas housing burnout of the last few years, is not…
What is a Master Planned Community? Usually found in warmer climates, they are large communities of new homes typically at least 1,000 acres in size with development and construction governed by specified standards of design and restrictions of land use. These communities offer recreational areas, golf courses and parks as well as schools, restaurants and…
Nevada Rental Properties in Foreclosure Nevada rental properties in foreclosure are sold by the lender at auction or directly to investors, just like any other foreclosed properties. If the foreclosed property is occupied by tenants, the landlord or property manager assigned by the new owners to oversee the property has to abide by specific guidelines…
When you are ready to sell your Las Vegas Home, it should be presented in the best possible way. Staging by a trained and certified professional home stager helps to prepare a home for sale by pointing out the need for making minor repairs, repainting if necessary and eliminating clutter as well as re-arranging furniture…
There are many factors involved – from a Las Vegas Real Estate Investor’s prospective – in choosing which single-family home properties would be the most suitable for purchase. Among the most important considerations are what type of purchase arrangement can be negotiated, and who the seller may be, private owner, or bank, urgency to sell,…
Homeowners Association Board of Directors Elections This is the time of year when plans must be made for the election of the new Homeowners Association Board of Directors. Property managers are required to supervise the election process from start to finish. They begin by mailing a flyer and Nomination Form to each homeowner informing them…
If you are in need of funding to take advantage of the Las Vegas Real Estate Investment opportunities you are focusing on, and prefer not to go through the time-consuming and rigorous procedures required by traditional institutional lenders, then your only alternatives are either to use your own funds, if sufficient, or to seek out…
Some of the most disappointed people I know are those who, without the knowledge, skills and experience required to reach their investment goals, have banked upon unproven and unwise “get rich quick” schemes in order to “cash in” on the current glut in Las Vegas distressed properties. Many of these people are would-be real estate…
Investing in Las Vegas Single Family Homes If your real estate investment focus is primarily on the Las Vegas single-family home market, there are a number of options to consider, any of which could prove quite profitable, provided your investment strategies are on target. Purchase/rent or resell Purchase/repair (fixer-upper)-rent or resell Purchase fixer-upper/ sell to…
Condominiums Investing in Las Vegas condominiums is no different than any other real estate property investment. Knowledge of current market conditions, working with an experienced, knowledgeable Realtor, and having a real estate attorney and CPA on your team will certainly help to ensure that intelligent investment decisions will be made. In the recent past, certain…
Fixer-Uppers There are countless innovative and creative ways to invest successfully in Las Vegas real estate, but the following is an overview of one of the possible ways to buy, manage, and sell real estate profitably: Fixer-uppers: Single family homes in need of repair, (some minor, some major) can often be purchased at a significantly…
Move In – Move Out Inspections Prior to occupancy, the property manager and new tenant should mutually inspect the premises, checking for wear and tear and any defects, damages or malfunctioning utilities, plumbing or electrical problems, etc., that may have been overlooked by the landlord or property manager during the move out inspection of the…
