Investment Real Estate
Residential real estate investment trend has never been better.
- Sale prices are low, historically, and in terms of replacement cost
- homeowners are losing homes to foreclosure, or short sale, and becoming great tenants
- We are acquiring properties with Cap rates/ returns as strong as around 9%.
- Over 50% of the residential sales in Southern Nevada over the last 18 months have been cash, suggesting that a significant amount of investors are taking money out of every other product to invest in residential real estate in Las Vegas
- Properties under $100k, often have mulitple offers within days of the listing. Strong deals are very competitive