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.

Thursday, June 26, 2014

Report: Las Vegas among Nation's Leaders in Job Growth

According to a Brookings Mountain West report released on Wednesday, the Las Vegas metropolitan area experienced a 1.4 percent increase in jobs in the first quarter of 2014.  This was one of the strongest performances among the nation's largest metro areas.  Although Southern Nevada unemployment has fallen to its lowest point since early 2008, the number of jobs in Las Vegas still remained 6 percent below the pre-recession peak.

As compared to the first quarter of last year, the rate of increase in house prices has slowed down to 2.9 percent for the first three months of this year.  Last year's first quarter rate was recorded at a much stronger 5.9 percent increase, but in relation to other large metro areas, Las Vegas housing has still posted one of the strongest quarterly gains in the country so far this year.

Link to the article:

Tuesday, June 24, 2014

May Investor Report

Click on the images below to view Ticor Title's May 2014 Investor Report for all SFR homes in Clark County (organized by zip code).


Thursday, June 19, 2014

Newest McCarran Security Fast-pass to Depend on Biometrics, Memberships

Great news for frequent travelers at McCarran International Airport!  Beginning later this summer, you could be making your way through airport security checkpoints much faster than ever before.  A New York based technology business named Clear announced yesterday that McCarran will be the 10th airport where travelers can use a Clear Card to fast-pass through airport security checkpoints.

Clear uses government-approved, advanced-biometric technology (fingerprints and iris recognition) to verify member identities.  See below photo for a look at the Clear Kiosk.  These member-only kiosks are expected to launch at McCarran in mid-August.  For an annual membership fee of $179 (add $50 annually for a partner), Clear members will get through security screening checkpoints in typically less than five minutes.  There are currently more than 300,000 Clear members nationwide who have used its system nearly two million times for travel.

Following the article link below more information about Clear:


Wednesday, June 18, 2014

Southern Nevada Economy Seen Strengthening through 2014

Chief economist Stephen Brown says that Nevada is on the right path in returning to its healthier, long-term trends.  Southern Nevada's economy is expected to strengthen throughout the coming year as tourism, gaming, construction, and the housing industry continue to gear up.

Hit worse than any other state during the recession, Nevada has spent the past four years seeking recovery from the economic downturn.  Improvements are proceeding at an accelerating rate and widespread growth is finally visible across Southern Nevada's industries.  This year is already off to a good start, with Nevada having added 19,800 jobs in just the first four months of 2014 (a notable 5.1 percent increase).

Read more at the article:

Tuesday, June 17, 2014

More Homeowners Becoming Landlords

A growing number of homeowners have been reluctant to sell their former homes in response to low mortgage rates and soaring rent prices.  Instead of selling, they're becoming landlords.  By synching great loan packages with attractive interest rates, these homeowners are bringing in rents larger than their home expense while using the profit to pay off the mortgage.

According to stats from Redfin, 19% of current homeowners either purchased or refinanced homes between 2011 and 2013 (historical lows were around 3.4%). Further, rents have risen by about 20% nationwide since the housing peak bubble around mid-2006, while home prices remain about 21% below what they had been at that time.

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Thursday, June 12, 2014

Survey Shows Las Vegas Ranks in the Top Third of Major Cities for Staycations

Las Vegas ranks 31 out of the 100 biggest American cities that were given consideration as staycations in a recent study conducted by Wallet Hub.  Known for its variety of state and local rankings, Wallet Hub is a social media network that helps its users make financial decisions.

Not long ago, the Las Vegas Convention and Visitors Authority launched their "Stay Here, Play Here" campaign during the recession, which allowed locals to partake in exclusive deals on and off the strip.  This initiative boosted local businesses and gave Las Vegas locals what they were asking for - a vacation closer to home.

Link to the article:

Monday, June 9, 2014

America's Homes are Bigger Than Ever

Post-housing crash, economic experts say the rich have gotten richer while young, first-time home buyers are having a difficult time getting mortgages and escaping from student loans.  In light of this, the market for smaller homes (1,400 square feet or less) has dropped from 9% in 2005 to just 4% of homes built today.  Oppositely, extremely large houses (4,000 square feet or greater) have accounted for a much larger portion of new homes built (more than 9%), while homes between 3,000-4,000 square feet made up a hefty 21.7% of new homes built in 2013, up 15.6% from 2005.

According to the Census Bureau, the average size of homes built last year hit 2,600 square feet. This was an all-time high that surpassed even booming housing bubble years when the average was at 2,400 square feet.

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Thursday, June 5, 2014

Cowabunga Water Park to Open in Henderson on July 4

Cowabunga Bay will be the second water park to open in Clark County within the last 14 months. Southern Nevada first saw the opening of  41-acre Wet 'n' Wild last May, and this year the 23-acre Cowabunga Bay is expected to open on Independence Day with 400 employees in tow.

Originally slated to launch on May 24, a "perfect storm of issues" delayed Cowabunga Bay's opening.  Although the $25 million family attraction did not open at its original set date, the owner has provided season pass holders with a pro-rated discount or full refund if requested, as well as other in-park discounts and bring-a-friend tickets.

Cowabunga Bay's water park will operate on 12 acres of the site, using 1.5 million gallons of heated water recycled through the park.  Its lazy river will be the largest in Nevada, and its wave pool will be second in size to Mandalay Bay.  There will also be eight water slides, three pools, a kids cove, rental cabanas with their own pool area, and three in-park eateries.

Link to the article:


Wednesday, June 4, 2014

Las Vegas Housing Market Going Big — as in Master-Planned

When the housing market crashed, Mark Paris delayed his plans to build a city within the city of Henderson that would have been fully equipped with schools, trails, and thousands of homes. Paris, CEO of LandWell Co., has rebooted his project with the recent sale of roughly 255 acres of Cadence community land to homebuilders.

Other developers around the valley are also seeking to build mini-cities that had gone south or were left on the drawing board as a result of the recession.  These master-planned communities will be built in phases and will require at least a decade of work before reaching scheduled completion.  If all goes as planned, the new communities are slated to bring up to 45,000 new homes to the Southern Nevada region, while the project itself will drive billions of dollars of work into the local construction industry.

Read the article for more information: