Investing Fundamentals
01/31/2024
There is a straightforward process for finding good investment properties.
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There is a straightforward process for finding good investment properties.
The Fed must balance between loosening up monetary policy and taming inflation. What does that mean for interest rates in 2024? And for the Las Vegas real estate market?
This debate never gets old. Clients frequently ask me whether real estate or stocks are the best investment.
My answer is, “It depends on your goal.”
Real estate investing consists of three phases, each centered around a specific step towards achieving financial independence.
9 Aspects of Rental Renovation That Landlords Should Focus On
How AI is improving my productivity – I never use ChatGPT to write my articles.
Why you need to hire a good property manager – It’s not what you think.
Start with the probable sale price and work backward.
Lessons learned from our 80 or so 1031 Exchange projects.
Consider the demographics of tenants, budget, and maintenance needs
Hint: where you have the highest odds of attracting reliable tenants.
Base your decisions on your financial goals, not other’s opinions.
Investing should always be based on rate of return, growth potential, and market risk. Based on this criteria, select properties in Las Vegas are excellent investments.
It’s not when you buy; it’s how long you are in the market and where you buy.
Where they are and how they have performed.
The key may not lie in the properties themselves.
The days of getting a pre-approval and closing with the same lender are gone.
How to target a specific tenant segment based on their housing requirements.
Achieving financial independence with the least capital
Not all tenant segments exhibit the same behaviors, and not taking this into account can cost you dearly.
You could end up paying extra for a non-performing tenant.
Flipping can be a profitable business, if you know what you are doing.
What matters is what you can buy with the dollars you have
A common question is whether townhomes, as investments, will perform as well as single-family homes. Out of the 100+ townhome communities in Las Vegas, we are aware of only a few that consistently perform well.
Four typical reasons renovations fail.
Lessons from our 550 property renovations to help you complete yours cost-effectively, smoothly, and in a timely manner.
The purpose of renovating rental properties is to maximize rental income while minimizing costs and vacancy periods. But how do you decide what to install in a rental property?
If it doesn’t pay, it doesn’t stay,
Standardizing most renovation components reduces costs and time. Standard materials enable vendors to purchase common materials in bulk, reducing costs. Standardization also permits faster and more accurate renovation estimates. The end result? Higher-quality renovations at lower costs—a clear benefit for property owners.
This post begins a new series on optimizing rental property renovation. Renovation should be considered during property selection, not later, and should focus on tenant preferences, not investor tastes.
The city you invest in determines whether you can achieve and maintain financial freedom. By focusing on population growth, property appreciation, and partnering with an experienced investment team, you set yourself up for long-term success.
If I invested $100,000 today in both stocks (including mutual funds and other liquid investments) and real estate, then sold after 5 years, which would make me more money?
In our 2025 Investor Outlook released last week, we published the 10-year and 5-year pre-COVID appreciation and rent growth trends for our target property profile. This week, we will dive deeper and look at the 10-year and 5-year pre-COVID trends by zip codes. These data should shed some light on whether certain sub-areas in our target zones perform better than the others.
Only a local team of experts can provide what you need to find, vet, inspect, renovate, and manage a high-performance property.
The start of a year is a great time to plan your 2025 goals. Whether you are just starting out, or are planning to add properties to your portfolio, I believe there is value in reviewing this step-by-step process that we’ve followed to consistently deliver high-performance properties.