Houses For Rent Las Vegas:

In Las Vegas, prices fell more than 70% of aggressive investors flooded the market to snatch business functions. Real estate experts are touting the strong cash flow characteristics of the potential to provide Las Vegas. However, I found that talking to dozens of potential investors in real property in Las Vegas a week; they all have the same concern: I can find the tenants of my investment property? This is a big problem. Just see how strong rental market in Las Vegas? How long does it take to get home or apartment rental investment? What is the vacancy rate in Las Vegas?

Vacancies rents published annually, I am still waiting to see the data in 2009. However, the unemployment rate does not tell the whole story. Serious rental housing statistics weighted towards the apartment building, a city of high rental vacancy rate does not mean that the rental houses and apartments are bound to experience high vacancy rate. Are losing their homes in the Las Vegas foreclosure rate in the country over the past two years, many families are accustomed to living in a house. Look at these families rented houses and apartments, find suitable for their way of life and a new home. Therefore, even if the vacancy rate in Las Vegas has been high, we continue to see strong demand for rental houses and apartments. My personal experience, follow this trend. Homes and apartments, plus 80, to help investors purchase only in the last year, is currently running close to 95% load factor.

This is true; the average rent fell in the past two years in Las Vegas. However, rents have been reduced by only 20%, more than 70%, while housing prices plummeted and apartments from the high of the past three years. This disparity has created an opportunity for cash flow; investors are now entering the market deflated. Home prices of $ 300,000 to $ 100,000 and U.S. $ 1300 monthly rent. The apartment was $ 225,000 in 2007 to 59,000 yuan, 900 yuan per month rentals. The houses and apartments are going through a huge cash flow, much higher than the 1% rule. (Rent must be equal to at least 1% of the purchase price, cash flow is positive.)

In the past year, has been sold to many investors, but have done something specific, I think I see many of these years. He claimed that from the bag about one million U.S. dollars, bought a house 10 (about $ 100,000), which is a huge cash flow, at this time. 1150 yuan per month, the average rent on their property and all the houses they rented. Taking into account the specific investment figures: rental income minus taxes, homeowners' association dues, insurance, minor repairs, property management ... compensation per month per household is about $ 800. Multiplied by 10 properties, monthly income of about $ 8000 compensation. This will be a small investment rate of return over 10%. I do not know at this moment, you are doing in his portfolio to 10 percent per year.