Come Visit Las Vegas to Buy Real Estate and Stay at the MGM Signature for Free!

Those of you who have followed my articles over the last several years, know that I successfully “called” the bottom of the Las Vegas real estate market in May of 2009, months before the news sources announced the same thing. (See my blog entry of May 27th, 2009: http://vegasforeclosures.blogspot.com/2009/05/las-vegas-real-estate-market-bottom-is.html .) It has been a year and a half since then, and prices have remained steady. We are in a pricing plateau of sorts. As a result, it continues to be a great time to purchase investment or vacation properties below market prices and below builder replacement costs here in the Las Vegas valley.

A strategy that my team has been using quite successfully over the last year, involves purchasing short sale properties at below market value rates, performing light rehab on the properties and then placing lease option tenants in the homes. Using this strategy, we are currently generating 12-14% returns (CAP rates) for our investor clients on single family homes in the Northwest. The investors purchase turn key properties, fully rehabbed, with lease option tenants already in place and begin earning 12-14% on their money right away. And the best part is that these are phenomenal returns will only improve over time as rents increase and home prices appreciate.

If you have been waiting for the right time to jump back into the real estate investment market in Las Vegas...now is the time! If you live outside the Las Vegas valley and are interested in purchasing an investment or vacation property, we would like to extend to you a very special offer. We have recently purchased three beautiful units at the MGM Signature Hotel Condos and are inviting all of our clients to come stay with us for two complimentary days at the MGM while you explore potential investment real estate in Las Vegas. Please call Glenn for more details on coming for a visit.