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Articles by Stephen DeThample
The Impact of Lower Mortgage Rates Is Already Being Felt in These Five Markets
Forum Categories All Real Estate Agent · Queens, NY · Member since 2016 · 2k+ posts · 1k+ votes 2y Real Estate Agent · Las Vegas, NV · Member since 2020 · 461 posts · 305 votes 2y Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes 2y Investor Friendly Agent · Milwaukee, WI · Member since 2019 · 55 posts · 37 votes 2y Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Las Vegas Market and investor minded Agent
Hello @Jim G. Below is from my monthly market update (on Las Vegas) for my newsletter readers. Some background. Investment real estate is all we do. So far, we’ve delivered over 470 properties. Our client's goal is passive income streams that rise faster than inflation and are reliable through market ups and downs. Their goal defined our target tenant pool segment, which defined the properties we selected. Las Vegas, like every other market, is transitioning back from COVID.
Is your local market still hot?
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Mid term Rentals
We can find properties in highly desirable communities with HOAs because MTRs require a minimum 30-day rental period. Most associations have a 30-day minimum rental period. According to FurnishedFinder.com, the average stay is 92 days. FurnishedFinder.com appears to be a primary source for marketing furnished properties. I believe there is a $99 fee to list a property. There is a national shortage of nurses, which will mean increased demand for contract or traveling nurses.
Looking for Wholesaling Connections in Las Vegas, NV
Hi everyone, I’m new to wholesaling in the Henderson area and looking to connect with other investors, cash buyers, and mentors who are active in the market. My goal is to bring value by finding good deals, and I’d love to learn from those with more experience while also building mutually beneficial relationships. If you're currently investing in the Henderson/Las Vegas area, or open to JV opportunities, please let me know. I'm ready to network, put in the work, and create win-win situations.
Beginner looking to get into WholeSale Real Estate
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Bullhead City Appreciation Thoughts?
3 Posts 10 Votes Cooper CheonPoster 10 Votes | 3 Posts My friend is selling his house and is open to an assumable mortgage. I would need to put $45,000 down upfront, with a monthly payment of about $650. I plan to use it as a rental property, but I'm concerned about the location—Bullhead City, Arizona. I looked up some info on Bullhead City but there isn't much about future plans. Do you think real estate in Bullhead City is likely to appreciate or depreciate?
Advice on Next Investment - BRRRR, House Hack, or HELOC?
Hope you're doing well! I'm pretty new to real estate investing and looking for some guidance on which strategy to use for my next deal. Here’s where I’m at: I own two single-family: A rental in Texas that brings in around $800/month cash flow My primary residence in Las Vegas I’ve saved up about $60K to put into another investment I’m planning to buy the next property here in Las Vegas I'm trying to figure out the best move.
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