Las Vegas Real Estate Blog

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Tenant Finder Service - Find a Tenant for your Las Vegas Rental Property

Find a tenant for your Las Vegas rental property, without the monthly fees of a full service property manager.

Tenant Finder Service 


Rental Market Analysis 

List in MLS and Realtor.com 

Electronic lock box - for agents 

Mechanical lock box - (if needed for maintenance) 

8 Photos 

Yard or window sign with toll free recorded info line  

List property on www.VegasProperty4u.com  

o Syndicated* to yahoo real estate, trulia, google base, prop smart, live deal, oodle, 

    hotpads, zillow, front door, vast & more. (*syndication often results in placement on 

    these site however, appearance on syndicated sites is not guaranteed) 

Post to craigslist 

Respond to inquiries and schedule showings to qualified prospects 

Forward applications and certified funds to owner 

Provide blank application, lease, walk through, smoke detector agreement, tenant lock box 

   authorization 



Fee  

1 Months Rent (includes cooperating broker fee

 

Name: Damon Botticelli - Las Vegas Real Estate (Realtor)
Company: Realty One Group

Email: Contact Damon Botticelli - Las Vegas Real Estate (Realtor)
Website URL: http://www.VegasProperty4u.com

  Phone: (702) 523-7713
Fax Number: (888) 262-8088

 

 

 

 

Full service property management is also available through Management One Group.  Ask for more details

 

 

San Marcos Neighborhood News, Las Vegas, Summerlin, The Vistas, Real Estate

 

www.LasVegasNeighborhoodNews.com

The following list for this community was updated on 8/18/08.  Request an updated list by posting a comment below, or

 

view up-to-date property info with pictures, maps, aerial images, virtual tours and detailed property information for this communit

8/18/08

 Leave a response below if you'd like to comment about this site, this community, or just to say hello to your neighbors.

 

 

Realty One Group - Las Vegas, NV Locations - Click for Maps and Directions


NEVADA

SUMMERLIN
10750 W. Charleston Blvd,
Suite 180
Las Vegas, NV, 89135


Learn more about our Professionals @ Realty ONE Group!  
GREEN VALLEY
9089 S. Pecos Rd,
Suite 3400
Henderson, NV 89074

 
Tour the Green Valley Office!
NORTHWEST
1333 N. Buffalo Dr,
Suite 190
Las Vegas, NV 89128


Tour the Northwest Office!

NORTH LAS VEGAS
5135 Camino Al Norte,
Suite 250
North Las Vegas, NV 89031


Learn more about our Professionals @ Realty ONE Group!

SOUTH STRIP
9620 S. Las Vegas Blvd,
Ste E-10
Las Vegas, NV 89123


Learn more about our Professionals @ Realty ONE Group!

LAS VEGAS STRIP
3960 Howard Hughes Pkwy,
Ste 500
Las Vegas, NV 89109
High-Rise Division

Learn more about High-Rises!

 

see #'s

Lake Las Vegas - Best Place to Invest, Worst Place to Invest, or somewhere in between?

Recently, I posted a response disagreeing with another agent who stated: 

"As for where to invest here, specifically, there are 2 areas I believe that will be most profitable: 1) property that generates income, purchased at a time when values are depressed (in almost any area, given how transient our work force is) and 2) property in one of - if not the most - exclusive addresses of our metro area, Lake Las Vegas."

I don't think anyone would disagree with #1, but I did not agree with making such a claim about Lake Las Vegas without mentioning some red flags I've seen lately about the community:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Bankruptcy Judge Linda Riegle said she will sign an order today approving $127 million in post-bankruptcy financing for Lake Las Vegas. 

from the LVRJ on 8/5/08 - http://www.lvrj.com/business/26274484.html 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"At 10 a.m., a single player had the tables to himself at Casino MonteLago. The nine other people in the 40,000-square-foot casino confined themselves to the slots. 

On the XM satellite radio station piped into the casino, Don Henley began to sing: 
Empty lake, 
Empty streets
The sun goes down alone. 
Outside, MonteLago Village was a ghost town of boutiques, coffee shops and high-end eateries." 

from the LVRJ on 8/3/08 - http://www.lvrj.com/news/26219079.html 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Bankrupt Lake Las Vegas is struggling to stay afloat financially, but the development's owners are worried a break in a pipeline underneath the lake could drain it and sink the community's financial future. 

In a statement filed in the development's Chapter 11 bankruptcy case, Lake Las Vegas President Frederick Chin said a 7-foot conduit that carries storm and treated wastewater under the lake is in need of repair. Without the repairs, the development's centerpiece 320-acre artificial lake could drain away, Chin told the court." 

from the LVRJ on 7/30/08 - http://www.lvrj.com/news/26090239.html 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I hope it turns out to be a successful (and profitable) place to buy real estate.  I really like it there, especially in the winter when they have the ice skating rink, so I will say, IMHO: it's a great place to visit but I wouldn't want to live there...or invest there...for now.

What percentage of LV RE brokers are college educated?

I spend a few minutes each day answering real estate related questions online by email or on websites set up for the public to ask questions and receive responses.  I've noticed similar questions tend to come up and sometimes I know I've answered it before, but can't recall where. There have also been times where I put a good deal of effort into preparing an answer and later found the question had been deleted.  Well, I thought, why not post my answers to my own blog? 

btw, Spelling and grammar in the questions have been left "as asked".

The Question:

What percentage of LV RE brokers are college educated?

Full 4 year degree. 

Business/RE related, not communications, education, etc. 

Coming from NYC I am finding it very difficult to deal with agents who think ST micro and have no LT macro outlook.

My Answer:
I don't know the percentage or think those statistics would be available anywhere, but I also don't think knowing the percentage of college educated brokers or agents would help solve your problem of finding an agent compatible with your needs. I completely agree with John's advice about interviewing until you find the right person. 



I think I get what you're saying about having a long term outlook and how many agents might compare numbers from 2 years ago and say, "look at the price now...it's a GREAT deal!". Of course I'm just guessing at what your experience has been and I am curious about your specific experiences with local agents. 



I'm also curious about what it is you expect from an agent. I'm not sure it would be wise to look to your Realtor for advice outside the scope of their specialty which really should be narrowly focused on their own market and it's current condition to be able to find the best property and negotiate the best price for their clients needs. If you want to buy property and want ideas about what may bring a better immediate return or a better long term plan, like taking advantage of the buyers market to find property with features that will be in demand and harder to find when the market becomes a sellers market, then talk to a Realtor. If you're looking for advice, like should I buy now or in 5 years, talk to an economist or financial planner. 



So while you're interviewing agents, you may want to look for agents that will provide the information you need to enable you to draw your own conclusions...statistics, property and market analysis or whatever information would help you in your decision to purchase, and stay away from agents who want to make decisions for you. 

(I posted the following blogs after researching some stats for investor clients of mine) 

http://activerain.com/blogsview/595236/Las-Vegas-Rental-Statistics 

http://activerain.com/blogsview/615318/Short-Sales-What-s 

Encanto & Santalina Neighborhood News, Las Vegas, Summerlin, The Vistas, Real Estate

 

www.LasVegasNeighborhoodNews.com

The following list for this community was updated on 8/15/08.  Request an updated list by posting a comment below, or

 

view up-to-date property info with pictures, maps, aerial images, virtual tours and detailed property information for this community

8/15/08

 Leave a response below if you'd like to comment about this site, this community, or just to say hello to your neighbors.

Estancia Neighborhood News, Las Vegas, Summerlin, The Vistas, Real Estate

 

www.LasVegasNeighborhoodNews.com

The following list for this community was updated on 8/15/08.  Request an updated list by posting a comment below, or

view up-to-date property info with pictures, maps, aerial images, virtual tours and detailed property information for this communit

8/15/08

 Leave a response below if you'd like to comment about this site, this community, or just to say hello to your neighbors.

Portofino Neighborhood News, Las Vegas, Summerlin, The Vistas, Real Estate

 

www.LasVegasNeighborhoodNews.com

The following list for this community was updated on 8/15/08.  Request an updated list by posting a comment below, or

view up-to-date property info with pictures, maps, aerial images, virtual tours and detailed property information for this community

 Leave a response below if you'd like to comment about this site, this community, or just to say hello to your neighbors.

 

 

Should I buy a house in Las Vegas right now?

I spend a few minutes each day answering real estate related questions online by email or on websites set up for the public to ask questions and receive responses.  I've noticed similar questions tend to come up and sometimes I know I've answered it before, but can't recall where. There have also been times where I put a good deal of effort into preparing an answer and later found the question had been deleted.  Well, I thought, why not post my answers to my own blog? 

btw, Spelling and grammar in the questions have been left "as asked".

The Question: 

Should I buy a house in Las Vegas right now?

My husband has a job making $80,000 and I'm a house wife.... we're relocating there for that... what would be a good amount to spend on a house?

 

My Answer:


Experts recommend 28% to a third of your income towards housing (although some loan programs will allow you to borrow much more) which would put you in the $300k-$350k range.

 

A few factors to think about are how much are you comfortable spending monthly on a house payment, what size home will fit your needs, then make a list of "must have" and "would like" for your ideal home.

 

Location will make a big difference in pricing too. You may find a home in Summerlin costing 30 or more percent compared with other Las Vegas neighborhoods.

 

If you'd like to get an idea of homes that match your price range and criteria you can follow this link: http://www.VegasProperty4u.com/property_request.shtml

Is it better to rent or buy a home in Las Vegas?

I spend a few minutes each day answering real estate related questions online by email or on websites set up for the public to ask questions and receive responses.  I've noticed similar questions tend to come up and sometimes I know I've answered it before, but can't recall where. There have also been times where I put a good deal of effort into preparing an answer and later found the question had been deleted.  Well, I thought, why not post my answers to my own blog? 

btw, Spelling and grammar in the questions have been left "as asked".

The Question: 

Is it better to rent or buy a home in Las Vegas?

With the housing market, is it better to rent or buy in Las Vegas?

 

 

My Answer:

 

That depends on your needs, goals, and plans...How long do you plan to stay in Las Vegas? How much are you willing to spend each month for housing? Would you benefit from the tax advantages of owning? If there was no difference financially, which would you prefer?

 

Buying a home priced under $200,000 can be very competitive with the cost of renting a similar home.

 

Rough numbers, but you can purchase a home for about $110 per square foot and rent the same for about $.75 per square foot. Take a 1600 square foot home for $176,000 or rent it for $1200. Take those numbers and plug it into the yahoo rent vs. own calculator and figure a 6% interest rate (get a seller contribution to buy down the rate if needed) and see what you get.

 

If you'd like to run some numbers, yahoo has a great rent vs. own calculator at http://realestate.yahoo.com/calculators/rent_vs_own.html

 

according to the calculator: You would save approximately $95,049 (in today's dollars) by buying a home, rather than renting, over the 15 year timeframe you have entered.