Investor Central

Welcome to the premier resource for Las Vegas investors looking to generate wealth through real estate. Whether you already own a property and need management help or you need assistance to get started, you have found the right place.

Tuesday, November 26, 2013

For Las Vegas Homebuilders, 2013 Called ‘Year of Recovery’

Although Las Vegas home construction businesses have experienced a slowdown in sales during the past few months, the conditions we are seeing now are still far better than those of 2012. Approximately 6,236 new homes have been sold this year up through October, up 44 percent from the same period last year.
“As we close out 2013, in our opinion, it will be remembered as ‘the year of recovery,’” Home Builders Research President Dennis Smith said in his latest report. “Things are going in the right direction, but there is still a long path ahead for everyone to feel a sense of comfort. ”

Read more at the article:
Photo: Steve Marcus

Friday, November 22, 2013

Ticor Title October Market Report

Below is Ticor Title's Market Condition Report for the month of October. There were a total of 3,114 closed transactions for the month, which included all Single Family Home, Condo, and Townhome transactions. Click on the image for a better view of the entire report!


Thursday, November 21, 2013

5 Things to Know about Home Security Systems

Keep your own home, as well as your valuable investment homes safe from potential burglars! The best way to do this is to know your available options in order to determine what might work for you. Here are the 5 things you should know about home security systems:
  1. New players mean fresh options - Did you know that cable and Internet providers now offer home security systems? Plenty of these systems now being offered are simple to install and lack any up-front frees.
  2. Your phone can help keep you safe - Many home security companies now offer a mobile app at a very small cost that can be useful in addition to your monthly plan. These apps allow you to use your smartphone or tablet from any distance in order to control your alarm system, view alerts, turn off false alarms, etc.
  3. Someone must call the cops - Some firms do not offer services that alert the police when an alarm is triggered. Although it is not generally recommended to have a non-monitoring security plan, if you do happen to fall under this category, making that call will be the determining factor as to whether or not you will receive the protection you need in the case of an emergency.
  4. Customer service is the key - Experts say that national firms such as ADT "are only as good as the dealer in your area", so be sure to check out local reviews and find a dealer that will provide you with 24/7 support!
  5. The pros aren't your only choice - About 80% of homeowners do not have a home security service. If you fall within this group, there are still steps to take on your own that can better protect yourself and your valuables. Trimming shrubbery that may shelter a person trying to hide, placing security company stickers around your home, and installing an automated light dimmer switch when your property is vacant (which may be especially useful for rental properties) are among some of the recommended tips to dissuade burglars from targeting your home.
For more details, check out the article:


Friday, November 15, 2013

Data Show Nevada's Housing Bust Second Only to California

Reports from the U.S. Census Bureau show that Nevada's housing crash topped those of every state nationwide, with the exception of California. Clark County itself was among the worst in regards to value decline, ranking number 5 among the nation's biggest counties. Nevada's median home value plummeted to a near 40 percent from 2007 to 2012, which translates to a $99,400 drop, second only to California's $102,600 drop. Although recent data on value reports will come to locals as no surprise, industry experts describe these rankings as cautionary reminders in the midst of 2013's local median price jump of 30 percent.

Read more at the article:


Thursday, November 14, 2013

Home Prices Continue to Climb

Although the month-over-month gain slowed for the fourth straight month, the S&P/Case-Shiller home price index increased 12.8% from a year earlier. This is reportedly the largest 12-month gain since February 2006. Although the pace of increases is slowing down, recovery in the housing market continues to strengthen, particularly aided by recent drops in foreclosed homes and national unemployment rate.

Read more at the following link:


Tuesday, November 12, 2013

Should Real Estate Investors Incorporate?

Just like the Virginia investor mentioned in this CNN article, many property investors share the same question on whether to incorporate. Although there are benefits to incorporating, as well as benefits in setting up a limited liability company (LLC) to hold your properties, such a decision is dependent upon various personal factors.
Regardless, the first thing any investor should be concerned about is getting their property insured. A homeowners insurance policy provides substantial asset protection, which is why we strongly advise this protection to all of our owners with investment properties. When seeking out an agent to manage your investment assets, the agent's significant knowledge of state rental laws and the local market should also be a top priority as such knowledge can help to avoid many potential issues!

See what the article has to say:


Friday, November 8, 2013

Sales of Homes, Land Continue to Soar in Summerlin

Summerlin, the largest master-planned community in the Las Vegas Valley, is experiencing rapid growth as land and home sales continue to climb across the community. In its recent report, Summerlin developer Howard Hughes Corp. posted a $7.3 million dollar profit, up from a loss of $49.4 million at this time last year. Aside from residential property, developers are also constructing the Shops at Summerlin, a 1.6 million square-foot retail and office complex near Red Rock Resort. The Shops at Summerlin are expected to open in fall 2014.

Link to the article:


Thursday, November 7, 2013

September Bucks Forebodings of Decelerating Price Gains

Home price gains continued to climb at a strong pace in September, defying recent predictions forecasting a falloff in home price increases over the next year. In its monthly Home Price Index report, CoreLogic recorded a 12 percent annual gain across the nation for the month of September. As such, September represented the 19th straight monthly year-over-year increase, bringing the index to its highest point since May 2008.
Nevada found itself in the leading spot for home price gains, with a 25.3 percent price increase. The Silver State was promptly followed by other states in the West, including California with a 22.5 percent gain and Arizona at a reported gain of 14.6 percent.

Check out the article for more on the story:

Tuesday, November 5, 2013

Desert Now, but Henderson’s Bermuda Road Corridor is Ripe for Development

Developers are targeting southwest Henderson with plans to build throughout the well-located chunks of desert in the Bermuda Road corridor region. The area here is mostly raw land, aside from some homes and commercial properties such as the M Resort and a Las Vegas Valley Water District facility. The region itself has seen many failed efforts in regards to land development, but many developers still see the untapped potential that Las Vegas' own "Bermuda Triangle" has to offer. This year, ambitious developers are hoping to turn around these lost development efforts and make something out of the empty land surrounding Bermuda Road. One project is now under construction, at least one other is on the drawing board, and a third project is also in the works.

Click the link below for in-depth information on the upcoming projects:

Friday, November 1, 2013

Investors Still Finding Ample Opportunities in Distressed Market

According to a recent report from RealtyTrac, residential properties sold at a faster pace in September indicating that the market is still ripe for investor activity.

“The housing market continues to skew in favor of investors, particularly deep-pocketed institutional investors, and other buyers paying with cash,” said Daren Blomquist, vice president at RealtyTrac. “The availability of distressed inventory also makes a difference. For example, institutional investor purchases have rebounded in Las Vegas corresponding to a recent rebound in foreclosure activity there."