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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, June 29, 2016
Vegas Investor Insider -- Gorgeous Cul-de-sac Pool Home in Southern Highlands $312K
Tuesday, June 28, 2016
Wednesday, June 22, 2016
Vegas Investor Insider -- Cozy Townhome with New Carpeting -- Only $164,900
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Tuesday, June 21, 2016
10 Questions Every Real Estate Investor Should Ask
If you're interested in real estate investing, what questions should you ask your agent? Here are the top ten questions:
1. Should first-time investors consider duplex, triplex, and four-unit properties?
For first-time investors, it can make great sense to buy residential properties with two-to-four units. For instance, FHA financing is available with little down for properties with two-to-four units provided that at least one unit is owner-occupied. Rental income can then be used to help repay the loan.
2. What's the demand for local rentals?
In many areas rental demand is strong, powered in part by a growing population and an expanding economy. Generally, rental rates have increased during the past year while vacancy levels have declined.
3. Is it better to buy investment property for quick re-sale or to rent for the long-term?
Investment approaches differ and there's no "right" answer. What's important is to find properties which best meet your investment style and financial preferences.
Our Agents can explain local demand trends and review properties which could be good rental candidates.
4. While interest rates are low is such financing actually accessible?
In the past few years loan standards have tightened and although investors are held to different standards than those who wish to finance residential property, financing is available for qualified investors.
5. Home values have been rising nationwide, but what about local markets?
Local pricing trends are an important issue for investors and something to discuss with a Cunningham Group Real Estate professional.
6. Given the recent tax debates, are real estate deductions still available?
Taxes are a complex issue but in general, significant tax deductions remain for real estate investors. The exact size and treatment of individual deductions can depend on various factors so for specifics it's best to speak with a tax professional.
7. Rather than finance an investment purchase I would rather pay cash. Is this common?
The attraction of cash purchases is that transactions can be much faster because there is no need to wait for lender approvals, there are no points or lender fees to pay and it can be argued that all-cash buyers have a stronger bargaining position because owners know that such purchasers can complete the offers they make.
8. Does it make sense for investors to self-manage?
This is another question without a single "right" answer. It's important to consider such issues as how much time you have available; your ability to deal with tenants, repairs, and collections; your physical proximity to the property and other matters. Our Agents can discuss management options with you.
9. Can I pre-qualify before looking at properties?
Yes. It's extremely advantageous to review financial options before entering the marketplace. Such reviews can help determine buying power and also reassure owners that the purchaser has sufficient financial capacity to make a transaction work.
10. I'm not ready to invest at this time but it's something I'd like to consider for the future. Can I still speak with a Cunningham Group Real Estate professional?
Sure. We welcome the opportunity to discuss your interests and to provide information and data which can help you better understand local markets. We can also sign you up for our Investors Insiders List so you can receive emails about different investment opportunities as they come up.
Shawn & Kyle Cunningham
Cunningham Group at RE/MAX AdvantageOriginal Post Via Carrington
Wednesday, June 15, 2016
Las Vegas on Pace for Another Record Year
According to a recent Review Journal article, "convention attendance continued to soar in April, keeping visitor volume for the month in positive territory compared with last year, the Las Vegas Convention and Visitors Authority reported Thursday."
"The authority reported 3.544 million visitors for the month compared with 3.540 million in April 2015, a 0.1 percent increase. The city is on pace for a record year, 2.6 percent of 2015’s pace for the first four months of the year. At the end of April, the authority reported 14.1 million visitors."
"Although the number of passengers at McCarran International Airport was up 3.4 percent to 3.9 million, the amount of traffic on Interstate 15 from California dropped 7.1 percent, according to the Nevada Transportation Department."
Shawn & Kyle Cunningham
Cunningham Group at RE/MAX AdvantageSource: Market Watch
Vegas Investor Insider -- Stunning 1-Story Pool Home in Mountain's Edge $349K
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