Why Own Rental Property? Why own rental property? Well, many people realize every April 15th that their house that they live in is also a great way to pay less taxes. After all, the interest on your home is tax deductible. But did you know that Congress has allowed tax codes for even better ways to save money on taxes by owning real estate? Now then, before you only take my word for it, I am telling you something right up front. You should not make any financial decisions without contacting your accountant and attorney first. Let them tell you what their advice is. All I am doing … Continue reading...
Find Your Real Estate Strategy
What is a real estate strategy? Real estate strategy. There is something that wealthy families in this country have known for decades. Real estate has a strategy. The smart people develop that strategy. They make massive amounts of wealth with that strategy. Failing to do so in advance can easily cost you hundreds of thousands of dollars in lost profits and overpaid income taxes. Here are some simple ways to develop yours. What is your timeline? First, develop your timeline. When you determine that you are looking to develop wealth through real estate, are you looking at … Continue reading...
7 Hot Tips for Staging Your Primary Bathroom
If you’re selling a home in Las Vegas, you need to know these 7 hot tips for staging your primary bathroom. Staging is the process of preparing a home for sale. It includes decluttering, cleaning, and making simple changes or updates to the home in order to make it more appealing to potential buyers. Home staging is important because it can help your home sell faster and for a higher price. In a competitive market, any advantage you can give your home is important. Your bathroom is a particularly important room to stage – so here’s what you need to know. 7 Hot Tips for Staging Your Primary … Continue reading...
Las Vegas Real Estate Market Report – April 2022
The Las Vegas Real Estate Market Report for April 2022 is continuing to show the signs predicted here before. We see a big shift occurring in many regions of the Las Vegas valley. Activity remains constant across all areas of Las Vegas. Whether it is Spanish Trails, Southern Highlands or Cottonwood Terrace. We notice it in areas such as Peccole Ranch, Summerlin, Rhodes Ranch, Mountains Edge, and Henderson. Perhaps most surprising are the condominiums in Las Vegas and Henderson. From gated communities to homes with golf course views. Even homes near the soon to be built Durango … Continue reading...
5 Signs it’s Time to Move into a Condo in Las Vegas
If you’re thinking about buying a condo in Las Vegas, you’re not alone – but how do you know when it’s time? Watch for these five signs. 5 Signs it’s Time to Move into a Condo in Las Vegas If you’re like many people, you’ve entertained the idea of buying a condo in Vegas for a while. However, many are never sure it’s the right time. How can you tell you’re ready, and is it the right decision? Check out these five signs it’s time to sell your current home and buy a condo in Las Vegas: You’re tired of home maintenance Your home doesn’t fit your lifestyle You’re too far from all the … Continue reading...
Las Vegas Condo Market Boom
The Las Vegas condo market boom is still not attracting much attention. Nonetheless, Las Vegas condos and townhomes are in high demand. While houses in Las Vegas have attracted all the attention in the last year, there has been a boom in the Las Vegas condo market. From the very basic, to the high end gated communities, Las Vegas condos are hot. With demand for Las Vegas condos increasing in percentage faster than houses for much of the year. This was an aspect to the Las Vegas condo market that many did not see coming. Condos - the overlooked market For years many buyers have overlooked Las … Continue reading...
Las Vegas Real Estate Market Report – March 2022
The Las Vegas Real Estate Market Report for March 2022 is quite eye opening. The real estate market for Las Vegas took several new twists in March 2022. With prices and sales surging, new trends developed in Las Vegas real estate. Rising Interest Rates Even prior to the Fed raising rates, home mortgage rates were on the rise. Thus, buyers wanting Las Vegas real estate rushed to get a home in March before rates went even higher. While the number of sales in California is slowing down, the number of sales in Las Vegas real estate market rose sharply. This also helped to create a segmented … Continue reading...
2022 Las Vegas Real Estate Forecast
The Problem The 2022 Las Vegas Real Estate Forecast is something that is a hot topic these days. After the phenomenal 2021 real estate market growth and appreciation for Las Vegas, the rumors started flying. People asked "Will the Las Vegas real estate market crash in 2022?". Then, the media posted stories saying Las Vegas is one of the most overpriced areas in the United States. Every neighbor became an "expert" and wanted to tell you what their cousin's mailman said is going to happen. However, the truth is, in really understanding this market, we need to look at the bigger picture - … Continue reading...
Superior Service in Las Vegas Real Estate
Some have asked me what Superior Service in Las Vegas real estate means. To explain, let me tell you about a recent occurrence. A couple months ago, I went to see the doctor. As I was led to the exam room, the nurse told me exactly what would happen. I was told that the physician’s assistant would come in and speak with me briefly. I was told she would then leave the exam room. After that, I was told that she would return with the physician and they would both speak with me. So, what happened? Uncommon service Well, first the physician’s assistant came in and did a brief and yet … Continue reading...
Explaining This Crazy Real Estate Market
Las Vegas houses have seen a lot of activity in the last 24 months. Some folks were wondering just why it would be that houses in Las Vegas may appreciate over 20% in one year. The truth is, it has a lot to do with the California real estate market. Specifically, Los Angeles, San Bernardino, Riverside, San Diego and Orange counties. These had a great effect of the Las Vegas real estate market. When a seller in Riverside sells a place that they think is a dump for $600,000 and they can buy a house in Las Vegas that they see as a mansion for $500,000, you may see why they may be … Continue reading...