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, January 29, 2015

Price Appreciation Map - 2014 vs. 2013

2014 vs. 2013 price appreciation map for Southern Nevada. Click on the image for a larger view.

Wednesday, January 21, 2015

Why Millennials Will Make it Easier for You to Buy a House

After witnessing how the housing market collapse affected their parents' and grandparents', it's no wonder millennials have been cautious when it comes to entering the housing market. Although still genuinely interested in homeownership, the biggest barrier to millennial entry into the home buying market is debt.

We can attribute delayed millennial entrance into the housing market primarily as an outcome of financial circumstance... but this isn't a bad thing for everyone. Ultimately, it could potentially drive down prices and mortgage rates not only for cautious millennials, but for everyone.

According to a recent Zillow survey, respondents ages 18 to 34 believe more strongly than previous generations that owning a home is necessary to being a respected member os society, living a good life and obtaining the American dream.

Although they've faced a tough market thus far, experts say that millennials will soon impact the homeownership landscape. With home prices on the rebound, an improved job market, and a softening in tight lending requirements that impacted home buyers in the recent years... things are looking up for the latest generation of first-time homebuyers.

Check out the article for more on the story:


Tuesday, January 13, 2015

Fourth Quarter 2014 Housing Summary

During the months of October and November home sales were down, while December was up 11.7% compared to 2013. There were 8,047 closings in the 4th quarter of 2013 and 7,821 in the fourth quarter of 2014, which is a decrease of 2.8%. Short sale and REO closings continue to decline in 2014. In the fourth quarter of 2013, there were 1,832 short sale closings and 804 in 2014 for a 56.1% decrease. In the fourth quarter of 2014, there were 607 REO closings and 681 in 2014 for an 8.9% increase. While short sale transactions are down there are approximately 60,000 properties still underwater.

Friday, January 9, 2015

Under $160,000 in Green Valley/Henderson

Sneak peak at today's Investor Insiders notice.  Get details and more by signing up to be on our list! 
  • Address:----
  • MLS #---
  • Sq Ft: 1,303 / 6,534
  • Beds/Bath/Garage: 3/2/2
  • Year: 1979 
  • List Price: $159,900
  • Projected Rent: $1250 
  • HOA Dues: $0
  • Pros: Location, price, single story, large lot
  • Cons: Needs updating
  • Notes: Single story home on a large 6,534 lot. Probate sale situation (Trust now has OK from court to sell), it has been vacant for a couple years per the agent. Good location in Green Valley, if you are going to have no HOA this is the area to be in. Should rent for about $1250 a month when renovated. No HOA dues to eat into cash flow.
  • Purchase price recommend: $155,000

Shawn & Kyle Cunningham 
Cunningham Group at RE/MAX Advantage
(702) 823-0855 Shawn
(702) 823-0840 Kyle

Wednesday, January 7, 2015

Game Changers: Economic Development in Nevada

"Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and searching for tenants to fill a large industrial park.

This is Nevada and many of its recent economic successes are the result of longstanding policies and practices as well as a business friendly environment, a great corporate and personal tax climate and two large metro areas that provide one-day access to the eleven western states.

Couple those facts with four-year-old Governor’s Office of Economic Development (GOED), aggressive marketing campaigns and eight months of national media coverage as Teslamade its site selection, and Nevada looks like the state where companies want to relocate and entrepreneurs want to start up."

Economic development is currently thriving in the Silver State! Read more about Nevada's recent economic successes at the Nevada Business article below: