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.

Wednesday, October 28, 2015

Investors still see value in flipping homes in Las Vegas - VEGAS INC

" House flippers aren't giving up on Las Vegas, even though profits are sliding here and rising elsewhere, a new report shows. 
Flipping accounted for 8.7 percent of home sales in Southern Nevada in the quarter ending Sept. 30, and sellers booked an average gross profit of $39,367 per deal, a 23.7 percent return, according to RealtyTrac." CLICK HERE FOR THE ARTICLE

Buy a Builder MODEL Home for $282,000 in Eldorado!

Address: New Pardee Model Home is for sale (community is closing out)
  • View Floorpan Here:
  • Sq Ft: 1,849
  • Beds/Bath/Garage: 3-bedroom/2 baths/2-Car garage
  • Year Built: 2015
  • List Price: $282,000
  • Projected Rent: $1,500
  • HOA Dues: $57/month
  • Reasons to buy: The Plan 1 model that is for sale at Eldorado Ridge will include the washer, dryer, refrigerator, laundry room upper cabinets, security system, electrical pre-wires, birch wood cabinets, 42” cabinets in the kitchen, granite slab kitchen counter tops, kitchen island, stainless steel under mount sink, bbq stub out, upgraded flooring, alumawood patio cover, backyard landscaping, and more! 
  • Renovation: N/A
  • Notes: 
    • Purchase price recommend: You can typically make an offer on standing inventory. Make an offer in the $270,000 range.

Vegas Investor Insiders: New Construction in Green Valley! $309K

Address: 1050 Bobby Basin, Henderson, NV 89014
  • View Interactive Floorpan Here:
  • Sq Ft: 2,260 sf
  • Beds/Bath/Garage: 4-bedroom/2.5 baths/2-Car
  • Year Built: 2015
  • List Price: $309,990
  • Projected Rent: $1,700
  • HOA Dues: $44/month
  • Reasons to buy: Rare new construction in Green Valley, one of the more popular and established communities in Henderson.  Located within walking distance of large retail, commercial districts and the under-construction Henderson Hospital and health district.  Easy access to both I-515 and I-215.  This property is located in the center of the community, on a perfect corner lot with a large backyard.  4 bedrooms, and it's completely done, just needs appliances, blinds and landscaping.  
  • Renovation: N/A
  • Notes: 
    • D.R. Horton Built Home
    • 4 Bedrooms + Loft
    • Oversized lot
    • Tile Floors
    • Granite countertops
    • Two-tone paint 
    • Walk-in Closets in Two Secondary Bedrooms
    • NO LID/SID
    • Low HOA Dues
    • Purchase price recommend: You can make an offer on standing inventory. Make an offer in the $300,000 range, ask for washer/dryer/refrigerator and blinds

Wednesday, October 21, 2015

Vegas Investor Insiders: Excellent Pre-Negotiated Deal on a 1Story 4-Bedroom

We have a great opportunity for a pre-negotiated deal on a single story 4-bedroom home in the North West part of the valley. The address is 1305 Misty View. 
We just got great terms negotiated but by the time the seller replied, our investor had secured a backup deal elsewhere. 
If it interests you just let me know. We may be able to hold these terms for a couple more days. 

Property Profile:
1763sf, 1-story, 2-car attached garage
Built 1992
4-bedrooms, vaulted ceilings 
Recently installed wood laminate floors throughout most of the house with tile in some areas. 
Great curb appeal 
Island kitchen
$20/mo HOA
$1171/year taxes
Estimated rent $1,200 per month
Price $180,000 
Seller has already agreed to these terms:
$180,000 price ($5k off list)
Seller will pay for a full coverage home warranty for 1 year
$2900 closing cost credit 
$2500 repair credit for patio cover
Recommended upgrades:
$2500 granite counters for kitchen
$750 electrical / fixtures  (adding ceiling fan lighting to the bedrooms)
$350 new dishwasher
$2000 interior painting 
$1800 fridge/washer/dryer
$7400 projected costs
$2500 to replace or bring patio cover up to code (may be much much less. Seller will credit for this in full anyway. )

Let me know if you may be interested!