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, July 6, 2016

10 Years After the Housing Bubble

According to a recent Review Journal article, "nearly half of Las Vegas now rents, compared with less than 40 percent a decade ago. Where one in 10 homes once was a rental, now more than a third are. Many are owned by investors that bought them out of foreclosure at deep discounts."
Ultra-low mortgage rates below 4 percent have enabled Jim Phillips, 51, to capitalize on the influx, buying condos and renting them at a profit. “With more and more younger people moving into the city, it’s creating an opportunity for me,” Phillips said. “So far, I have two condos. My goal is to buy, basically, one a year.” 
The opportunities are there for people who have money — or those who are already homeowners.
Wanting to invest in a Las Vegas property? Contact Kyle at or 702-823-0840 to help you search for the right investment for you. 
Download our Investor Guide

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage | 702-960-4819 Shawn | 702-960-4819 Kyle
Original Post Review Journal via AP

No comments:

Post a Comment