Las Vegas Investment Properties
LAS VEGAS INVESTMENT PROPERTIES
Las Vegas is one the fastest growing cities in the country – number one in employment growth, with thousands of new residents relocating to the Las Vegas valley each month. For this reason, investors are choosing the Las Vegas area to invest their money in all types of real estate. Many find that the income producing real estate in Las Vegas, Henderson and North Las Vegas is a much more secure and lucrative than other investments.
Las Vegas has great opportunities to investors:
*Number 1 nationally in JOB GROWTH
*Number 1 nationally in BUSINESS CLIMATE
*Number 1 nationally for CORPORATE REGISTRATION
*Number 1 nationally for TOURISM
*Number 1 nationally for SCHOOL DISTRICT GROWTH
*Number 1 nationally for the LOWEST VACANCY RATE in commercial space
*4,000 new residents each month
All of this means a HIGH RETURN ON YOUR INVESTMENT!
Las Vegas Properties has represented many buyers in their purchase of commercial, industrial, land and residential investment real estate in Las Vegas. We belong to special Multiple Listing Services for commercial and investment properties. Some buyers select multi-family properties, from fourplex buildings to larger apartment complexes. Others choose commercial buildings, industrial warehouse buildings or retail centers in Las Vegas. Some investors purchase single family homes as investment real estate.
We help buyers to search for, select, research and negotiate suitable properties that meet their investment needs and portfolio. We assist with securing financing for these properties, work with a qualified exchange facilitator in exchange situations and oversee the entire escrow process through the successful closing on these purchases.
In helping to choose the best income producing property for each client, his investment objective and risk tolerance is considered, along with the current real estate market trends and prices.
One of the main benefits of investing in Las Vegas Real Estate is the 1031 Tax Deferred Exchange, which allows an investor to sell income producing property, buy another “like kind” property and defer any capital gains on that sale. See our link to 1031 Exchanges for more information about this type of transaction. Special SBA loans and other commercial loans are available for all types of Las Vegas investment properties through various lenders with whom we work on a regular basis.
If you would like to see some possible Las Vegas Investment Properties, call Las Vegas Properties today at 1-888-876-8383. We would be happy to help you with your purchase.
Real Estate is a long term investment with great potential rewards. We have some common sense real estate rules for any real estate investor to follow, especially true for buyers of income properties:
Has A Plan – Just purchasing a property is not enough; a real estate investor needs to have a plan that deals with how the investment will work, in terms of cash invested, cash flow, management and holding time
Take The Time – Real estate investments are not overnight success stories; the days of “flipping” properties are gone! And properties should be held for at least one year if you are considering a 1031 Tax Deferred Exchange
Maintain Other Sources Of Income – Don’t “give up your day job” or your other business ventures; keep other sources of income while your investment is growing
Cash Is Key – Many real estate investors think that buying properties with minimal cash is the best way; that is not necessarily true. Also, extra cash will be needed for the inspections, appraisal, closing costs and maintenance required with the purchase of an investment property
Due Diligence – Real Estate investment properties require the same due diligence and inspections as any other real estate purchase; inspect, check the title report and check previous insurance claims that can affect the price and value
Renovation & Maintenance – Don’t underestimate the cash needed to make unanticipated repairs and maintain the property; also, if it takes longer to renovate, this holding period will affect your final profit
Timing Is Everything – Don’t hold an investment property too long; beyond a few years, most investment properties will incur additional costs for repairs and maintenance. When the market is right, sell the property; don’t become emotionally attached to an investment property
Hire A Professional! Trying to find the best investment properties on your own is a difficult task. Many good properties are not “on the market,” and only a professional Real Estate Broker can fine those. Negotiating on your own behalf will cost you money! Hire a Real Estate Broker who works with a network of professionals (lenders, inspectors, attorneys, contractors, etc.) who will help to ensure your successful purchase. You will have a Broker who is working on your behalf to answer any questions and help solve any problems.
If we can be of help to you with your Las Vegas Investment Real Estate purchase, contact us today at 1-888-876-8383 or 702-379-6627. We look forward to helping you!
Investors from other markets continue to invest in the Las Vegas marketplace, as the demand of land increases, vacancy rates decline, rental rates increase, financing remains attractive and rates of return continue to grow. Developers are planning unique properties, including mixed-use commercial/residential communities, office condominiums, industrial condominiums, mixed-use residential/retail developments and free-standing industrial and professional buildings.
Las Vegas, Henderson and North Las Vegas are among the fastest growing cities in the United States, with thousands of new residents coming here each month! For this reason, investors are choosing the Las Vegas area to invest their money in all types of income producing properties. Many investors find this
type of real estate investment is much more secure and lucrative than the stock market!
The retail vacancy rate in 2007 was only 4.68%. while lease rates continue to increase, while developers are reaching 100% occupancy at the time of construction completion. With a strong and growing labor force and a low unemployment rate of 3.8%, the outlook for continued growth and appreciate is excellent.
The vacancy rate in the Las Vegas Industrial Market was only 5.04%. Lease rates have increased 20% in the past 2 years. Nevada's business advantages include no state corporate income tax, no personal income tax, low cost of living and excellent telecommunication infrastructure, all of which contribute to this market's growth. Las Vegas has realized an increase of 12,000 workers in the industrial labor force, while distribution and manufacturing employment have each increased by 3.4%. Construction activity in the Industrial Market includes more than 3.3 million square feet under construction.
Much of the new Industrial and Commercial development includes free standing buildings, mixed-use developments, Industrial condominiums and new Industrial Parks.
Key industries in Henderson are Medical, Computer & Information Services, Research & Development, Financial,
Education & Training and Furniture Mart Suppliers and related services. Existing infrastructure, competitive rates,
location, utility prices are some of the factors that companies have found in Henderson, all of which have
contributed to its growth. The population growth and right-to-work legislation have been positive forces in
attracting new companies to this area.
North Las Vegas added more than 15 businesses and more than 2.4 million square feet of Commercial space. The North Las Vegas submarket accounts for more than 27% of the Commercial and Industrial properties. The growing population of this city contributes to its growth and success in this market segment.
There has been significant diversification in the Las Vegas economy in recent years, which contributes to the positive
economic forecast for commercial real estate. In addition to new commercial and industrial business centers, unique and high-end retail development is entering the market. North Las Vegas is developing a 150-acre mixed-use retail development. Henderson's downtown Water District will be home to several new retailers. And two regional malls, to be developed in the southwest and northwest corridors, add to the increase of upscale retail concepts.
Las Vegas Properties represents buyers in the purchase or lease of many types of commercial properties. The services provided to our clients include site analysis, comparative market analysis, negotiating purchases or leases, securing suitable financing, assistance with zoning issues, completing 1031 Tax Deferred Exchange and assistance with outside contractors and agencies. We also assist with cost assessment, utilities, Master Planned Communities development restrictions, appraisals, surveys, environmental reports, traffic studies, tenant improvements, engineering reports, soil reports and other necessary services. We have worked with many owner/developers, owner/users and investors in all aspects of Commercial Real Estate.
Whether you are considering a Warehouse, Office Building, Industrial Property, Professional or Medical Building, Retail Complex or any other type of Commercial Property, we can be of service to you!
For more information about available properties, financing options or current market conditions, please call Las Vegas Properties today at 1-888-876-8383 or email us at terrilvp@cox.net!
