Wednesday, August 27, 2014

Las Vegas Income Real Estate: Making Money in Las Vegas Real Estate

Las Vegas Income Real Estate: Making Money in Las Vegas Real Estate: There are still opportunities to make money in Las Vegas Real Estate.  The prices have increased dramatically but they are still far below ...

Visit Income Property Las Vegas at http://www.incomepropertylasvegas.com

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity: The real estate market in Las Vegas has gone through many changes in the past few years.  We saw the bottom fall out for prices a few year...

Visit Income Property Las Vegas at http://www.incomepropertylasvegas.com

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity: The real estate market in Las Vegas has gone through many changes in the past few years.  We saw the bottom fall out for prices a few year...

Chris LaHaie RealtorList with ChrisPrudential Americana Group, Las Vegas, NV chrislahaierealestate@gmail.com

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity: The real estate market in Las Vegas has gone through many changes in the past few years.  We saw the bottom fall out for prices a few year...

Chris LaHaie RealtorList with ChrisPrudential Americana Group, Las Vegas, NV chrislahaierealestate@gmail.com

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity

Consider It Sold Las Vegas: Las Vegas still has Real Estate Opportunity: The real estate market in Las Vegas has gone through many changes in the past few years.  We saw the bottom fall out for prices a few year...

Chris LaHaie RealtorList with ChrisPrudential Americana Group, Las Vegas, NV chrislahaierealestate@gmail.com

Friday, May 16, 2014

Why buy Income Property?

Income property is still the safest and best way to build wealth over time.  Real Estate occasionally does have bubbles but they are rare.  Now is the time to be getting into real estate while the prices are still reasonable.  The economy has picked up some but it is still not growing at the pace that is to be expected for healthy job growth.  We have been in the non-recovery recovery period but real estate was beaten down so far that there have been major price increases in certain places, especially Las Vegas. 

Income property is to generate income.  It is not to buy for a tax deduction or to just hold it at a loss and then sell at a later date.  No one needs to invest to lose money.  You can still operate a cash flowing investment property while using the depreciation and interest payments to lower you taxable income.  The key to owning investment property is the cash flow.  If you can get enough rent to cover the expenses you have a winner.  It doesn't matter what your actual cash on cash return is if you are cash flowing.  Eventually the returns on a good investment property will become infinite because you will get all your money back in a few years.  Once you get your original investment back you will then have a lifetime of profit that is really that can not be measured.

Wednesday, May 14, 2014

The truth About the Las Vegas Real Estate Market

The real estate market in Las Vegas has been changing dramatically over the past several years.  It appears there is another shift in the landscape occurring now as well.  The number of short sales has dropped to the lowest it has been in years.  Short sales make up only 11% of the real estate sales in Las Vegas over the past month.  This is generally good for the market.  Anything that will move things back to a moral traditional market with more sales being equity sales is good for everyone. 

However, we have seen a slight pull back in the drastic price increases.  For the first time in many months we have seen the prices drop month over month.  The prices are still  higher when compared year over year but this is a significant change for Las Vegas.  If you are considering selling your investment property in the next year or two now is the time to get it done.  We could see prices sagging for another year as market continues to adjust itself to the current realities of Las Vegas.