OK, I haven’t been here lately. I’ve been very busy. Lousy excuse, I know.
Here is how crazy pricing has gotten on Las Vegas Real Estate. Just a few hours ago, I was in a gated community in the south part of Las Vegas, in a mansion that was more than 6500 square feet of luxury and decadence. The master bedroom closet was bigger than many bedrooms and even had a refrigerator in it like in the new Heineken commercial. 5 bedrooms, 4 1/2 bathrooms, 3 living rooms, 4 car garage, 2 laundry rooms, expensive tile and stone everywhere, circular staircases – you get the picture. I can’t believe you could build this house for less than $200-$250 per square foot (and I’m sure that’s low). Now it did have some maintenance issues, but basically it was in good shape. Probably less than $20K in repairs needed.
Are you ready?
Are you sure?
You’re not going to believe it.
I didn’t believe it when I saw it on the MLS.
I had to go see it with my own eyes.
$71 per square foot. The bank is selling this house for less than $500,000. It JUST hit the market.
Are you ready to begin investing in Las Vegas real estate? Now is the time. Really. What are you waiting for? If you would like help buying real estate in Las Vegas, whether for your personal use, or for investment, please contact me.