Where to buy in Las Vegas?
- Thread starter WestparkRenter_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
Unless you have a gambling problem. Vegas has great Vacation appeal.
And its almost local. Not sure about living there though.
Its great to fly in. 50 Miniute flight. Get picked up in a Maybach limo.
Check in to the Skyloft.
Skylofts
These suites are as low as $ 400.00 a night weekdays.
Includes the Butler and the Maybach to and from the Airport.
Spend a few days during the week and escape. No car to drive.
No responsibility except to not go too crazy.
Some of the best restaurants in the world. Great shows.
And its amazing. Some of the nicest people in the world.
When the people that work in Vegas see that you know what your doing and
obviously have experience in the town and are friendly. The sky is the limit.
You will get comped and upgraded and taken care of for a minimal expense.
You just have to ask and know the system a little.
Just a little gambling at Pai Gow and some Craps. Too much fun.
Beats investing money in the Stock Market or in Real Estate these days.
And during the weekdays its DEAD.
The other BIG "Vegas Let Down" is if your a reformed Alcoholic. I made the mistake of
taking a client that I was not aware of his past "Drinking Problems". Not a good trip.
Just like the IE, there are several areas in LV that are at or below rental parity and cost less than the original construction cost even if the land was free. Further price drops would be considered an "over correction". This over correction can and will occur but won't affect the fundamentals of the investment. The towers on the strip have MUCH further to drop.
Do you have any zip codes to recommend? With income taxes going up in this state, I need to start looking for a new residence.
bltserv_IHB
New member
awgee said:
Unless you have a gambling problem. Vegas has great Vacation appeal.
And its almost local. Not sure about living there though.
Its great to fly in. 50 Miniute flight. Get picked up in a Maybach limo.
Check in to the Skyloft.
Skylofts
These suites are as low as $ 400.00 a night weekdays.
Includes the Butler and the Maybach to and from the Airport.
Spend a few days during the week and escape. No car to drive.
No responsibility except to not go too crazy.
Some of the best restaurants in the world. Great shows.
And its amazing. Some of the nicest people in the world.
When the people that work in Vegas see that you know what your doing and
obviously have experience in the town and are friendly. The sky is the limit.
You will get comped and upgraded and taken care of for a minimal expense.
You just have to ask and know the system a little.
Just a little gambling at Pai Gow and some Craps. Too much fun.
Beats investing money in the Stock Market or in Real Estate these days.
And during the weekdays its DEAD.
bltserv_IHB
New member
awgee said:
The other BIG "Vegas Let Down" is if your a reformed Alcoholic. I made the mistake of
taking a client that I was not aware of his past "Drinking Problems". Not a good trip.
usctrojanman29_IHB
New member
My dad has serious arthritis (sp?) and was suffering out here, since he moved to Vegas he feels a lot better due to the dry, warm climate. He does like to play poker and do some sports bets so it works for him. Also, Nevada has a much lower cost of living than Southern California...utilities are slightly cheaper, gasoline is $.10-.15 cheaper, the sales tax is only 7.25%, car registration is about 1/2 the cost, there's no sales transfer tax on cars purchased from a private party, and you have no state income tax. Different strokes for different folks (that being said, I'd never raise a family out there). That doesn't include the fact that you can buy a newer home in the best parts of town for about $100/sf.awgee said:
usctrojanman29_IHB
New member
What do you play Skek? Limit? No-Limit? Tournies? Do you play locally at Ocean's Eleven, Hawaiian Gardens, or Commerce?skek said:
usctrojanman29_IHB
New member
haha I play at some of the tournies at HG and the $300 No'Limit or $1,000 No'Limit tables. I'll play $8/$16 or $20/$40 down at Ocean's Eleven. When I'm in Vegas I play at the Red Rock Casino (since it's close to my dad's house) or I hit up Bellagio (love that poker room). How often do you play?skek said:
norcaljeff_IHB
New member
I think buying RE in Vegas these days is gambling.
usctrojanman29_IHB
New member
depends on the price you pay and the location.norcaljeff said:
Daedalus_IHB
New member
Too funny. There's a "You might be a redneck" joke in there somewhere.skek said:
usctrojanman29 said:
Just like the IE, there are several areas in LV that are at or below rental parity and cost less than the original construction cost even if the land was free. Further price drops would be considered an "over correction". This over correction can and will occur but won't affect the fundamentals of the investment. The towers on the strip have MUCH further to drop.
norcaljeff_IHB
New member
usctrojanman29 said:
Do you have any zip codes to recommend? With income taxes going up in this state, I need to start looking for a new residence.
usctrojanman29_IHB
New member
89144, 89135, 89138, and 89134 are Summerlin (masterplan community like Irvine....www.summerlin.com) in the Northwest by Red Rock Casino is probably the nicest part of Vegas. Anthem in Henderson is also a nice area...89044 and 89052. Prices should be below $100/sf in these areas. PM me if you want me to send you some Vegas MLS listings.norcaljeff said:
norcaljeff_IHB
New member
usctrojanman29_IHB
New member
Not surprising at all since they build and sold THOUSANDS of homes in iffy locations and you had investors camping out overnight to buy into these new developments. Summerlin/Anthem will always trade at a higher premium to other parts of Vegas just like Irvine will always trade at a premium to most other parts of OC.norcaljeff said: