Las Vegas #1 City in USA To Buy Rental Property Says CNN Money!

On 7/17/2011, CNNMoney.com said that "…..Las Vegas is the go-to place for real estate investors who want to clean up on rental properties."

 

CNN also mentioned that "nowhere are potential profits better than in Las Vegas….investors in Las Vegas who rent out the properties they buy now will have a higher return than the national average."

For a FREE list of great rental properties, email me at quickresults@aol.com

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5 Things You Don't Know When Buying A Las Vegas Bank Repo / Las Vegas Bank-Owned Real Estate!

1. Banks typically under price a property way below market value to generate multiple offers; a typical buyer thinks the list price is the price the bank hopes to sell the property…Wrong!..the bank sets a low price hoping to sell it for a much higher one. Why? Banks want to get the highest price possible.
2. Banks put all cash offers in pile "A"; that is, banks love all cash offers as they close faster, do not require an appraisal and are less hassles for the bank.
3. Banks would rather not pay any of your closing costs…by this, banks are willing to pay some buyer costs but many offers don't ask for the bank to pay any resulting in these offers getting accepted!
4. Banks often take 7 to 10 days to respond to your offer…why? sometimes they are just waiting to see if a higher offer comes in.
5. Banks make no repairs to properties…that's why they sell as-is; but many buyers seem to think the banks will agree to make repairs. Don't count on it!…when you buy a bank repo…what you see is what you get!….But with prices down 50-70%, it's still a pretty good deal!

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HELP: DO I SHORT SELL MY HOME?

You're frustrated….you owe more on your home than it's worth.

The market has sucked your equity out to the point that you feel sick. What do you do?

1. loan modification?
2. short sale?
3. leave the keys on the table and walk away?

I'll give you the benefit of my 22 years in the business for FREE! I will lay it out simply as to your options. No fee, no gimmicks. What's the catch? None. Except when the market recovers– or you decide to do something in the future–maybe you'll hold onto my name as someone you can trust that's a straight shooter.