INVESTORS - 4 Las Vegas Properties For Sale - Perfect Way to start your investing
Posted by Bobby Morcom on Tuesday, March 8, 2022 at 8:07 AM By Bobby Morcom / March 8, 2022 Comment
So you want to Invest in Real Estate in Las Vegas, but you don't know where to start right? Many questions come to mind like;
How do I find the properties?
Do I want A PROPERTY WITH A TENANT IN IT ALREADY?
Do I need to use a Realtor?
What happens if i don't use a Realtor and an issue comes up?
IS IT AIRBNB APPROVED?
Is AirBnB-VRBO Short-Term Rentals approved in Las Vegas?
How long does it take to evict a Tenant?
We have all been there as buying a rental property or vacation home is a big decision, especially if you don't live in that market.
Today we want to focus on what types of properties that are available in our market, and if they interest you, reach out and we can break down the numbers and pros and cons of each individual property.
Each property is different in many aspects just like AirBnB or Short-term Rentals are different in Las Vegas versus Henderson, just as Clark County is different than Unicorporated Las Vegas and North Las Vegas.
What's MOST important in an Investment are the numbers.
INITIALL PURCHASE PRICE, CLOSING COSTS, RENTAL INCOME are all paramount, especially in this market.
These properties are On the market or Coming to Market, and they will ONLY last a few days.
TIME IS OF THE ESSENCE as we normally have 10-12,000 homes on the market, where we currently have roughly 2000.
We are receiving 20-30 offers and easily 20-30,000 over LIST PRICE.
GIVE US A CALL TODAY AND LET'S SET YOU UP FOR SUCCESSFUL INVESTING!!
CONDOS - section 8 and Regular tenants as well -
This unit just SOLD for 193,000 - Photos >> View All Listings
3318 Decatur #2093 coming to Market 192,000 - Rent 1200-1500 per month 976sf - 2 Bed 2 Bath. Currently Vacant - http://3318decatur2093.soldbybobbymorcom.com
3318 Decatur #2103 - Same size unit 976sf - rented out at 1195.00 per month. http://3318decatur2103.soldbybobbymorcom.com
Closing Costs 1.5-2% of purchase price 3300
Currently Rents 1200-1500 monthly
DOVER VILLAS TOWNHOUSES - CLOSE to Nellis Air Force Base - View All Listings
1200 sf - 3 Beds-2 Baths
Sale Price - 280,000
Closing Costs - 4700
Taxes 125/month - 1500/annually
Currently rents 1600-1650 monthly
AirBnb - Short Term Rentals - View All Listings
550-800sf - 1-2 Bedrooms
Sale Price - 310-350,000
Closing Costs - 5000-5500
HOA- 697-1400 per month
TAXES - 225/month - 2700/annually
Currently Rents 200-250 per night
SINGLE FAMILY HOMES - View All Listings
49 Chastain Park - 2632sf - 4Beds-3 Baths > Photos of 49 Chastain Park - https://www.themorcomgroup.com/property-search/detail/95/2371778/49-chastain-park-dr-north-las-vegas-nv-89084/
Sale Price - 500-520K
Closing costs - 7500-8500
HOA - 70/month
TAXES - 275/month - 3300-annually
Currently Rents 2200-3000/month
Hi-Rise Condo - MGM Signature - AIRBnB approved.
The Hi-Rise MGM Signature Tower is a good option. You get access to all the MGM amenities like pool, casino, gym.
A place to stay while you are here or you can rent it out through MGM where they do it for you, or AirBNB by yourself on the APP. Link to AirBNB rates >>>> https://www.airbnb.com/rooms/54039710?check_in=2022-03-25&check_out=2022-03-26&federated_search_id=8c783625-88fb-451b-aad6-d24e3125665d&source_impression_id=p3_1646584819_qEIPT%2FMoZ5ArlD98
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