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Saturday, September 30, 2006

Las Vegas Real Estate Investment - Why You Can Make Money Investing There

Las Vegas Real Estate Investment - Why You Can Make Money Investing There by Joel Teo

Las Vegas epitomizes the glitzy and glamorous way of life. It is the playground of the rich and famous. The world famous casinos, music theaters, luxury hotels and theme amusement centers make Las Vegas real estate investment a worthwhile choice to consider.

Las Vegas is located in the state of Nevada and was a sleepy little town until the 1930s. With the growth in the hospitality and entertainment industry, it acquired the sheen of a perfect destination for relaxation. Casinos where one could splurge as if there was no tomorrow and the luxury hotels to cater to the whims of the super rich have created a boom in real estate in the city.

Las Vegas real estate investment is profitable primarily because the city is registering growing traffic due to the gaming industry and business convention meetings. The luxury hotels cater to the high-end segment and there is a demand for affordable accommodation for the large number of families arriving as tourists.

There are some compelling reasons why you can make money in Las Vegas real estate investment.

* The strip on which most of the attractions of Las Vegas are located commands a premium. Therefore, finding a suitable property close to the strip would allow you higher rental yields. Some developers, especially of resorts, have created apartments that they rent out on your behalf. Las Vegas is a popular destination for family vacations and endless hours of shopping. Prime commercial property would translate into good rentals and high capital appreciation.

* If you cannot afford the city center, then think of property in any of the redeveloped areas. These have been earmarked by the Nevada administration to ease congestion on the central districts while attracting further investment.

* Las Vegas is close to the Nellis Air Force Base. Employees of the base would need businesses to cater to their needs. Commercial property in the area would mean good rentals from companies that wish to provide different services.

Copyright © 2006 Joel Teo. All rights reserved.
About the Author

Joel Teo writes on arizona estate goodyear investment real . Learn more about Property Investment by signing up for his free Property Investment Ezine.

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Wednesday, September 27, 2006

The Real Estate Market in Las Vegas, Nevada

The Real Estate Market in Las Vegas, Nevada by Raynor James

Las Vegas is known as a mecca of entertainment and gambling. Although not as hot as the weather, the real estate market is primed to take off again in this expanding city.

The Real Estate Market in Las Vegas, Nevada

Las Vegas is the biggest city in Nevada and really needs no introduction. With incredible casinos and entertainment, most people only associate Las Vegas with gambling. There is much more to this city in the sun, which is why it is one of the fastest growing cities in the country. In fact, the population is now more than half a million people and everyone move to Las Vegas from somewhere else.

The average Las Vegas property sells for about $170,000, a discount of roughly $10,000 compared to the national average. Even with this discounted average cost, appreciation is still a robust eight percent and expected to pick back up in the future as more people move to the city.

How many people are expected to become residents of Las Vegas in the next few years? Yearly job growth is expected to be massive, which means demand for workers high. This makes Las Vegas an incredibly attractive location for many Americans and the city is preparing with massive expansion to the west and construction sites popping up everywhere. Throw in the fact that there is no income tax in Nevada and you have a real estate market that can't help but get red hot again.

The City of Las Vegas offers just about anything you could possibly need. Shaking off a rather torrid reputation, the city has made a major effort to become family friendly. The days of mobsters and such are clearly over.

This transformation has resulted in Las Vegas becoming a mature city. Schools in Las Vegas rate about even with national averages, but are improving rapidly as the state spends more than twice the national average on them. Health costs are slightly more than the national average, but numbers tend to be inflated since the city has become a hotbed for retirees.

The weather in Las Vegas is more than a bit toasty. While you can get the occasional cool day in the winter, spring, summer and fall are going to be hot with temperatures over 100 degrees many days. Put another way, all properties have some form of air conditioning. If they don't, skip them!

To summarize, Las Vegas is exploding in size and is expected to continue doing so for at least the next four years. This means the real estate market is going to continue to cook.
About the Author

Raynor James is with the FSBO site - FSBOAmerica.org - homes for sale by owner. Find homes for sale or read about the Las Vegas FSBO market.

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Monday, September 25, 2006

3 Quick and Easy Tips for Picking A Las Vegas Condo

3 Quick and Easy Tips for Picking A Las Vegas Condo by Richard Martin

Do you know what the top tips are for picking a Las Vegas condo are? Everyone wants to live in the city of eternal neon and never ending gambling opportunities. No one can tell what will happen in the future, but we've compiled three of our top tips to getting the Las Vegas condo that you are looking for. Just because a condo looks like it might be right for you, it doesn't mean that it's a really good long term pick as a place to live. A realtor can tell you what is hot, so lets take a look at some different tips for the real estate world in general.

1.Do your homework. Brand new state of the art condos that are selling for "½" off probably were over priced to begin with. Take a look at comparable trades in Las Vegas. How much are one bedroom condos going for these days? Is the unit you are looking at comparable in size and amenities? Make sure you are comparing apples to apples, so to speak. Know the market and you will be well on your way to getting a decent deal on your next condo purchase.

2.Go with a well known dealer or realtor. Don't trust fly by night operations. Some major manufacturers of apartments and condominiums have been in business for 30 years plus! A lot of the big names in home building have been building and selling condos and homes of all sizes for decades and have well established reputations.

3.Get a discount. Overall, if you are looking to get into a new condo quick, the realtor might offer you a bunch of different things to get you in the door in order to make a transaction happen. Especially, now (mid2006) that prices have softened a bit, a lot of potential sellers might throw in something extra for you. In fact, some people have even negotiated maid service for an entire year as a condition of their purchase. Now that's an extra.

These are really just the tip of the iceberg when it comes to learning about Las Vegas condos and their value. Visit our site today to get more tips, resources, and a blog about different Las Vegas real estate tips.
About the Author

Want to learn about hot stocks and more? Visit http://lasvegascondoplace.com/blog/index.php to learn about las vegas condos and las vegas real estate.
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Sunday, September 24, 2006

Nevada Real Estate – A Very Good Gamble

Nevada Real Estate – A Very Good Gamble!

By: Raynor

When you think of Nevada, Las Vegas and gambling are the first things to come to mind. In truth, Nevada real estate is a far better bet than anything you’ll find in a casino.

Nevada

Nevada is dominated by Las Vegas and no bolder statement could exist for American ingenuity. Where else in the world can you find a huge tourist attraction in the middle of an absolutely sun scorched state? I would be willing to gamble a pretty penny there is no other such place.

Centralized populations and heat characterize Nevada. There are two primary cities, Las Vegas and Reno, in which ninety percent of the population lives within 20 minutes. As to heat, Las Vegas is as hot as Phoenix in the summer, but with so much more to do. Still, if you have problems with heat, Nevada real estate may not be for you.

Nevada Real Estate

Can you name the state with the greatest real estate appreciation for the last 12 months? You might be surprised to learn it is Nevada with over 28 percent appreciation. Think about that for a minute. If the pace continues, the average home in Nevada will double in value in less than four years! That is truly an outstanding rate of return.

Although the rate of appreciation is amazing, Nevada real estate is still reasonably priced. The average single-family home in Las Vegas goes for $360,000. In Reno, the price jumps to a still reasonable $440,000. Purchase a home in Nevada and you could easily be looking at making $200,000 over the next two years.

Viva Las Vegas real estate!
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Friday, September 22, 2006

Win Big With Las Vegas Real Estate Opportunities

Win Big With Las Vegas Real Estate Opportunities by Ray La Foy

Whether you're interested in calling Las Vegas home or you just want some investment property, this big little city in the desert is worth checking into. Las Vegas property listings include everything you'd expect, from single-family homes and condos to commercial properties and casino locations.

The draws for Las Vegas are notable and known in many circles. From the beautiful desert vistas to the action-packed strip, this is a city that never sleeps. It's considered one of the biggest tourist destinations in the United States for a number of reasons. They include:

Gambling: With casino action going on 24/7, this is the city to visit if high-stakes, or even low stakes, gambling is desired. From small, privately owned casinos to the big ones on the strip - the Mirage, Sahara and MGM Grand - this city has everything from card games and slots to craps tables and roulette. While this is the single biggest tourist draw to Las Vegas, there are plenty more.

Cultural attractions: Las Vegas may be known as the home of Lady Luck, but many other players call it home, too. The city boasts a number of museums and galleries. There's live entertainment here that cannot be rivaled anywhere else in the world. The casinos themselves play host to some of the biggest acts in the world.

Outdoors: The great outdoors is a huge calling in Las Vegas. With miles and miles of beautiful desert landscapes to explore, those who visit this city will not find themselves shorted on things to do outside the casinos and those who live there know this is true. Hiking, biking and more are all available to those who live or visit Las Vegas.

Dining: The city is home to some of the world's best dining. With literally hundreds of restaurants offering every cuisine type imaginable, going hungry in Vegas is hard to do.

History: Las Vegas and its immediate surroundings are known for their deep historical roots. From Native American history to the history of the Wild West, this area is rich in historical cultural offerings.

Living in Las Vegas offers homeowners the best of all worlds. The city's offerings for homes range from simple single-family residences to upscale mansions and condos to fit just about every budget. Homes here can range in price from a modest $100,000 to more than $10 million. It all depends on the kinds of listings a person is looking for.

Commercial property in Vegas is what anyone would expect with the casinos thrown in. Business opportunities abound for investors and residents who simply want to make a living serving the people who not only call Vegas home, but also those who visit the Strip.

There are a number of places to go to check out Las Vegas real estate listings. When you do, it's a good idea to have a price and a location in mind. Know what you're looking for size wise and shop around. This city offers some great deals on property, but it pays to do your homework first. Offering something for just about every price range, Las Vegas is more than a place to come and gamble, it's a city many proudly call home.
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Thursday, September 21, 2006

Making Money With Las Vegas Real Estate Investments

Making Money With Las Vegas Real Estate Investments by Joel Teo

Las Vegas in the state of Nevada remains today ever more than before one of the top real estate investment locations in the United States. Many real estate investors have been flocking into the state to invest in property in the area and there is a good chance that the growth of the gaming industry there will continue to spur economic growth.

This article will highlight three areas to consider when choosing your next property investment in Las Vegas.

Firstly, consider proximity of your property to the strip or even better purchase an apartment in the Casino itself. In real estate investment, the prime indicator of capital growth is rental yield. By purchasing a property near to the strip, your occupancy rate and rental yield of your property would be higher than say a little near the fringe of town. The latest developments by W Hotels & Resorts feature for instance apartments that they rent out on your behalf and you collect the rental proceeds.

Secondly, city rejuvenation projects may also provide an avenue for growth. The city realising that much of the human population in Nevada started to migrate away from the city centre and so has embarked on a redevelopment project so as to attract the crowd back to the city centre. One of the tenets of real estate investment is to invest in the path of progress and you might want to invest in properties that are in the newly redeveloped areas in that part of Nevada.

Thirdly, remember the impact of Nellis Air Force Base. This base remains one of the drivers of the need for services in Nevada and commercial property surrounding the area may provide somewhat good rental yields for companies and businesses that wish to provide services to the base employees.

In conclusion, Nevada today ever that before, remains an important investment area for real estate investment in the United States with the ever increasing tourist traffic and convention traffic flooding into the area. Spending some time considering real estate investing in Las Vegas is therefore going to be a profitable thing for you this weekend. Start taking some massive action today and your financial future awaits you.

Copyright © 2006 Joel Teo. All rights reserved.
About the Author

Joel Teo is the successful Webmaster of http://www.RealEstateInvestment101.info. Learn how you can make more money with Las Vegas Real Estate Investment today.
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Wednesday, September 20, 2006

What's New In Las Vegas Real Estate?

What's New In Las Vegas Real Estate? by Scott Miller

The Las Vegas real estate market is bursting with excitement due to up and coming real estate projects in the area. While some areas are experiencing a glut in the real estate market, the Las Vegas real estate market is on a roll with several real estate projects breaking ground.

One of the most awaited developments in the Las Vegas real estate market is the MGM City Center project, which is set to open in the year 2009. The Center boasts of condominium hotels high rise residence and shopping areas. The new real estate wonder in Las Vegas will rise on a sixty-six acre area in the middle of suburban hotels and casinos.

The MGM City Center is expected to be the newest centerpiece in the rising star of Las Vegas real estate, as it will give people the advantage of time and luxury in just one area. People can now shop, gamble, eat and stay at home without living the Center. Plus, it envisions free parking and accessibility, with all roofs linked together.

This new development is a response to the high demand for condominiums in the area among celebrities as well as the baby boomers and those who are filthy rich.

The MGM Center project will resort to the new trend in real estate and that is pre selling of the properties to generate a portion of the huge financing requirement of the project.

Real Estate in Las Vegas has been on the rise from the beginning of the year 2000. Realtors and experts have already predicted a two hundred increase in the value of Las Vegas properties up to the year 2008. The trend is expected to continue along with the increasing number of real estate projects in the area.

Prices in the Las Vegas real estate is up and is continuously going up due to the rising demand for real estate properties in the area. This has paved the way for more high-rise projects in the area, with the real estate industry eyeing the vertical philosophy to build more properties.

As expected the increasing demand for real estate along with the higher real estate prices ahs resulted to an increase in construction costs. Thus, expect real estate properties to be more costly. The area is also experiencing a shortage in human resources involved in the construction and the other sectors of the real estate industry.

Las Vegas is after all not just the gambling capital of the world but it also boasts of very nice neighborhoods, reputable educational institutions and lots of recreational areas.

About the Author
The author is a regular contributor to Las Vegas Housing Page where more information about Las Vegas real estate is available.
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Tuesday, September 19, 2006

Las Vegas Nevada Real Estate tops the charts

Las Vegas Nevada Real Estate tops the charts by Joel McDonald

According to market data regarding online searches for real estate across the nation, Las Vegas Nevada was the single most often searched real estate term for the month of August. The second most commonly searched area was Charlotte North Carolina, yet Las Vegas was searched nearly 60% more often than Charlotte. (Las Vegas real estate had 357,594 searches, while Charlotte came in a distant second with 226,712 inquiries about the housing market.)

This comes as a surprise considering most forecasters are saying Las Vegas real estate is slowing down. However, there may be a couple explanations. Although things are slower compared to recent years past, Las Vegas is still one of the "warmer markets" across the nation -- especially at this time of the year. Most areas with warmer climates tend to see a surge in popularity as winter approaches. While everyone else is hunkering down to prepare for winter, many retirees considering a second home start to look where the weather is warm.

One other reason the Las vegas market is likely so popular is because Nevada has no state income tax. For those with high taxable incomes, claiming a primary residence in Las Vegas can mean an instant 3% to 7% raise depending on what income taxes are where they currently live. Multiply a 7% income tax savings by a $200,000 or $300,000 salary, and your Nevada real estate investment can afford to lose 7% a year and still break even! Talk about hedging your bets...

One last explanation for this surge in popularity Las Vegas has seen could be attributed to the fact that Donald Trump has "let it slip" that sales of luxury condominium units in the second Vegas Trump Tower will coincide with next season of "The Apprentice". 20 million loyal viewers being curious about the Las Vegas real estate market and doing homework online could very well explain that surge. Next month's online traffic for Vegas real estate will certainly prove or disprove that theory.

About the Author
Joel McDonald is the CEO of Automated Homefinder -- an online company specializing in the Denver Colorado Real Estate market. If you'd like to do some research of home values on your own -- anywhere in the country, visit Automated Homefinder's free home evaluation tool-- Automated Home Appraiser
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Monday, September 18, 2006

Las Vegas: The premier real estate investment destination

Las Vegas: The premier real estate investment destination by Phil Laboon

The most populous city of Nevada, Las Vegas is a name synonymous with the good life. It is one of the world's popular entertainments, vacation, shopping, and gambling hubs. It comes as no surprise that Las Vegas has emerged as one of the prominent real estate investment destinations of the United States of America. Las Vegas is termed the 'Entertainment Capital of the World' and is easily amongst the most glamorous cities of the world. Apart from being the center of gambling in America, it also has superior infrastructure facilities and professional services that make it an ideal location, for those who want to buy a home.

Though the real investment market has seen a marked cooling in many parts of America, the market in Las Vegas has continued its upward swing. The confluence of tourism, conventions, and gaming has kept the economy in good shape through the numerous downturns it has faced throughout the U.S periodically. Retail and dining are the two factors that have made a significant contribution to the upsurge in the economic index of Las Vegas. If you make a real investment in Las Vegas, then you can be a part of this continuous economic boom. It can mean a better life for you and your kids.

Moreover, Las Vegas is fast redeveloping its image from a 'Sin City' to one of a 'Diversified City'. The local administration is taking pains to diversify the local economy largely dependent on tourism and the returns on gambling. In accordance with this fact, the downtown area has seen massive revitalization. Las Vegas was always a hot real estate investment hub, but it has metamorphosed into the definitive city where all real investment dreams come true. It now gives you a myriad choice of some very interesting opportunities with reference to preconstruction.

As mentioned before, for ages it has been known throughout the world for its happening nightlife, luxurious resorts, and other tourist attraction, but now the efforts are on to regain some of its 'old glory'. The efforts have become successful and it is now projected as a family destination. Furthermore, an array of premium space available in Las Vegas means that investors are making a beeline for this prime location. An attraction of buying real estate here is that if you go for preconstruction property, then you get it for much lower than the market value.

The major concern of people who want to buy a home in any city, are facilities like health care, education, and affordable living expenses amongst others. Las Vegas gives you the best of medical facilities and it has a host of excellent hospitals, doctors, and clinics within its precincts. As far as education is concerned, numerous colleges, and schools cater to the needs of its residents. It also offers an array of recreational activities for the family. In Las Vegas, you will be spoilt for choice in this regard.
About the Author

Phil Laboon 412-253-0841 For more Real Estate Investment Information please visit our website. For a complete run down of how to find the right preconstruction real estate brokerage, agent, broker, or developer, visit our Real Estate Investment Information website and browse our huge collection of free preconstruction news, information, and advice.
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