Where to buy in Las Vegas?

WestparkRenter_IHB

WestparkRenter_IHB

New member
I've heard LV home prices are really down. Could someone who is familiar with LV tell me where to look? I mean what cities nearbly. I'm looking for a nice 3 BR/2B SFR with at least decent granite counter tops - :)
 
[quote author="WestparkRenter" date=1228375661]I've heard LV home prices are really down. Could someone who is familiar with LV tell me where to look? I mean what cities nearbly. I'm looking for a nice 3 BR/2B SFR with at least decent granite counter tops - :)</blockquote>


I think trojanman was looking for an investment partner there. PM him.
 
[quote author="SoCal78" date=1228376975]You moving, Westpark?</blockquote>
No moving, just a vacation home. I'm collecting cheap vacation homes.
 
[quote author="IrvineRealtor" date=1228377057][quote author="WestparkRenter" date=1228375661]I've heard LV home prices are really down. Could someone who is familiar with LV tell me where to look? I mean what cities nearbly. I'm looking for a nice 3 BR/2B SFR with at least decent granite counter tops - :)</blockquote>


I think trojanman was looking for an investment partner there. PM him.</blockquote>


I don't want to partner with anybody.
 
[quote author="WestparkRenter" date=1228377309][quote author="IrvineRealtor" date=1228377057][quote author="WestparkRenter" date=1228375661]I've heard LV home prices are really down. Could someone who is familiar with LV tell me where to look? I mean what cities nearbly. I'm looking for a nice 3 BR/2B SFR with at least decent granite counter tops - :)</blockquote>


I think trojanman was looking for an investment partner there. PM him.</blockquote>


I don't want to partner with anybody.</blockquote>


I was thinking the same thing.

A little different criteria though.

Maybe one of those condos affiliated with the Palms Hotel.

Where you get to use and have access to all the amenities of the hotel like the pool etc.

I play and stay at the Hotel at MB, don?t know if they offer something like that?
 
[quote author="WestparkRenter" date=1228375661]I've heard LV home prices are really down. Could someone who is familiar with LV tell me where to look? I mean what cities nearbly. I'm looking for a nice 3 BR/2B SFR with at least decent granite counter tops - :)</blockquote>




The two areas I like the most are Summerlin up by the Red Rock Hotel and Henderson/Green Valley area. Also up near Lake Las Vegas there are some homes around 1-5 million.
 
I would agree that the area near the Red Rock Hotel is nice, you'll definitely get the granite countertops.
 
this is totally just my opinion, but i never understood why people would want to own a vacation home in vegas. what makes vegas, well... VEGAS, are the resorts. even in the busiest of times, room rates in vegas for the class of hotels offered is almost unheard of in any other major tourist destination in the WORLD!



at lake LV, there's a fabulous ritz carlton which has unbelievable rates. i stayed there once on a whim. it's a 15 minute drive from the strip but it's clearly a diff type of vacation from a typical vegas trip. cant really complain about a 5-star ritz carlton for 200 bucks/night. for ex, next weekend you can get a regular room there for $159/night or an executive suite for $229.



even making several trips to vegas a yr, i can't imagine i'd ever spend enough in 4 or 5 star accomodations to justify the cost of owning. now owning something up in mammoth or whistler, that's my dream :)
 
I was also thinking of purchasing in LV for a 2nd home/investment for tax reasons. Does anyone one have any information on the requirements for declaring Nevada as your filing state. The tax savings alone would make the investment worthwhile.



The extra 8-9% I'm paying in CA state tax is especially obscene considering that the money is wasted on paying for $85k/year salaries for correctional officers.
 
A nice middle-ground between the above suggestion and Westpark's idea might be investing in a time-share. Some will come with daily housekeeping so that would make it feel more pampered like being in a hotel. I don't know, just a thought.
 
isnt it based on where your income is sourced? i don't know myself but i know a few families who moved to florida on paper, but most are retired and independently wealthy. that's why so many celebrities have homes in non-income tax states, and people of that kind of wealth never stay put in one place for very long yr-round anyway.





p.s. i dont mind paying correctional officers a good salary. would any of us take that job for less?
 
[quote author="skek" date=1228383406]<a href="http://www.citycenter.com/">City Center</a> -- you've still got a number of condo options to choose from.</blockquote>


Those places look sweet.

That?s what I?m looking for but with Palms, Caesars, MB or other affiliation.

I?ve never been to or heard of the Aria Hotel and Casino.

Don?t get me wrong, place looks nice.



Looks like Aria maybe affiliated with those Hotels, is that right?
 
[quote author="SoCal78" date=1228437065]A nice middle-ground between the above suggestion and Westpark's idea might be investing in a time-share. Some will come with daily housekeeping so that would make it feel more pampered like being in a hotel. I don't know, just a thought.</blockquote>


I looked at buying a timeshare in Maui but back out. I think buying a condo/house you can stay as long as you like, while for timeshare we only have one/two weeks max. I have not been buying timeshare because of the same reason acpme stated. The difference between owning vs renting a hotel is that you can leave your personal belongings there, ie travel without having to pack too much.
 
[quote author="WestparkRenter" date=1228439557][quote author="SoCal78" date=1228437065]A nice middle-ground between the above suggestion and Westpark's idea might be investing in a time-share. Some will come with daily housekeeping so that would make it feel more pampered like being in a hotel. I don't know, just a thought.</blockquote>


I looked at buying a timeshare in Maui but back out. I think buying a condo/house you can stay as long as you like, while for timeshare we only have one/two weeks max. I have not been buying timeshare because of the same reason acpme stated. The difference between owning vs renting a hotel is that you can leave your personal belongings there, ie travel without having to pack too much.</blockquote>


Maui would be sweet.

I?d love to buy a vacation condo in Kapalua.

Wonder if prices are coming down.
 
[quote author="skek" date=1228440546][quote author="tenmagnet" date=1228439763][quote author="WestparkRenter" date=1228439557][quote author="SoCal78" date=1228437065]A nice middle-ground between the above suggestion and Westpark's idea might be investing in a time-share. Some will come with daily housekeeping so that would make it feel more pampered like being in a hotel. I don't know, just a thought.</blockquote>


I looked at buying a timeshare in Maui but back out. I think buying a condo/house you can stay as long as you like, while for timeshare we only have one/two weeks max. I have not been buying timeshare because of the same reason acpme stated. The difference between owning vs renting a hotel is that you can leave your personal belongings there, ie travel without having to pack too much.</blockquote>


Maui would be sweet.

I?d love to buy a vacation condo in Kapalua.

Wonder if prices are coming down.</blockquote>


They will, ten. The condo flippers bought 90% of the recent units and are desperately trying to get out now. Volume has slowed to a crawl. When prices return to sanity, <a href="http://www.honuakai.com/">here's</a> the building I've got my eye on. Right after the condo on South Beach, that is...</blockquote>




Wow, those are nice.

I like your style.

Vacation homes in Vegas and Maui.

That?s a lot of pressure.

I?ll need to marry rich so I can trade up and make it to Pelican Hill.
 
[quote author="tenmagnet" date=1228439221]

The entire project is a joint venture between MGM Mirage and Dubai World, so they are all affiliated and well funded. </blockquote>




<a href="http://finance.yahoo.com/echarts?s=MGM#chart1:symbol=mgm;range=1y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined">MGM Mirage stock has had a tough year.</a>



I'm not sure the market is as confident in their funding as some might be.
 
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