2011 Investing in Las Vegas
-
Upload
jason-chan -
Category
Documents
-
view
219 -
download
0
Transcript of 2011 Investing in Las Vegas
-
8/3/2019 2011 Investing in Las Vegas
1/20
Invest in Las VegasReal Estate
-
8/3/2019 2011 Investing in Las Vegas
2/20
Presentation Charts Compiled By The Las
Vegas Board Of Realtors.
Updates Are Available Upon Request.
-
8/3/2019 2011 Investing in Las Vegas
3/20
T IS BACK!
Affordable
HousingBuilt
LasVegas
For20Years
(19832003)
Distressed PropertiesAre Driving Investments
0
1
2
3
4
5
6
7
8
9
2005 2008 2009
Millions Distressed
Properes
HomeSales
Sources:NewHomeSalesUSCensusBureau2008,Exis
-
8/3/2019 2011 Investing in Las Vegas
4/20
Slow Steady Growth ProjectedAffordability Driving Steady Growth
0
12
3
4
5
6
7
8
2010 2011 2012 2013 2014
Millions
NewHome
Sales
ExisGngHome
Sales
Sources:Basedon300,000growthprojec
-
8/3/2019 2011 Investing in Las Vegas
5/20
Existing Home Sales After RecessionAffordability Fuels Growth - Mirroring The 80s & 90s
1975-1976
+23.75
1982-1983
+35.53%
1990-1991
+9.09%
2001-2002
+5.53%
0
1
2
3
4
5
6
7
8
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
Millions
Source:Na
-
8/3/2019 2011 Investing in Las Vegas
6/20
Pro-Business & A World-Class City
No State Tax No Corporate Income Tax Low Employment Payroll Tax & Workers Comp Getaway Global Destination Brand For 30 Million People Each Year Great High Desert Weather 300+ Days of Sunshine 1980s Pricing For Labor & Materials For New Homes A World Class City Las Vegas Economy Is Driven By The Confluence OfTourism,
Gaming & Conventions, Which In Turn Feed The Retail & Dining Industries
Las Vegas Serves As World Headquarters For The World's Two Largest Fortune 500Gaming Companies: Harrahs Entertainment & MGM Mirage
-
8/3/2019 2011 Investing in Las Vegas
7/20
Foreclosed Homeowners Will Be Renters For 5 Years This Will Drive RentalDemand UP
New Homes Cannot Be Built For Existing Sales Price Points Investors Are Buying Homes ForBetter Return On Investment Billions of Dollars Coming In Casino/Hotel Development In 5-10 Years Projected Employment Requirements = Over 100,000 New Jobs Next 5 to 7
Years
Long Term Potential Is Good Displaced Homeowners Will Buy Again In 2To 5 Years Housing Will Still be Affordable
Las Vegas Real Estate Snapshot 2010
-
8/3/2019 2011 Investing in Las Vegas
8/20
Market Growth Snapshot 2010
Las Vegas Is A New Fresh Exciting City 3000 to 5000 People Relocate To LasVegas Every Month, Year After Year
Statisticians Say This Growth Will Continue Until 2028 When Las Vegas WillRun Out Of Land To Build Homes
Over The Next 5 Years, Home Prices Will Increase Steadily
Demand Will Increase Steadily, Driven by Normal Growth
Job Growth Positively Impacts Home Buyers & Renters Short Sales & Foreclosures Are Driving Las Vegas Market & Generating
Inventory
-
8/3/2019 2011 Investing in Las Vegas
9/20
Real Estate Sales Up 57.3% & Setting Records For Volume 2010 Median Price $126,000 Decline of 50.5% Median Price Decline: Increases Investors Return On Investment Bank-Owned Homes Will Trickle Out To Avoid Devaluing Their Assets Nevada Is Projected To Grow Approximately 49% By The Year 2028 Expanding By Another 1.3M, Next 25 Years Growth Is Well Ahead Of What The
US Will Experience As A Whole, With A Growth Rate Nationally Of Only 22%
Las Vegas & Surrounding Areas Are Projected To Grow From A Base PopulationOf 1.9M To 3.0M By The Year 2028.
Job Growth will Correlate with Population Growth. Las Vegas Has A LaborPool For New Businesses Relocating To Las Vegas.BUT...
Nevada
IsInA
Recessionary
Cycle.
LikeTheRest
OfUSA
-
8/3/2019 2011 Investing in Las Vegas
10/20
Single Family Residential Listings As July 2010
High Speed Train Being Built To Run Between California & Las Vegas Mass Transit System That Will Travel To LV Suburbs 80 Acre Production Facility:
Zoning Approved: Facility To Be Built By Oakley Glass Company. New Red CameraMovie Studio That Will Create Digital Videos
-
8/3/2019 2011 Investing in Las Vegas
11/20
Future Job-Producing & Tourist-Attracting Ventures
City Center:New Technologically-Advanced Slots Are Computer Monitors That Connect To A MainFrame Computer & Can Talk To The Player.
Nevada Test Sight:Employing Thousands Now & In The Future
Global Hub Will Continue To Attract Tourist Around The World Las Vegas Is A Meeting-Space City! City Has a Newly-Built 5,000,000 Square-Foot World Market Center That Will Add
12,000,000 More Square Feet Before Its Finished.
-
8/3/2019 2011 Investing in Las Vegas
12/20
GenerateAnnualNetReturnof8%to8.8%
EqualToApproximately
$11,100OfNetIncome
Add$7,500ForFeesIncludingAcquisiGon,
ClosingCosts,
CosmeGcRepairs,etc.
Invest$135,000To$150,000PerSingle
FamilyHome
Investor Scenario:
SELLHOMEIN5YEARS
At3.25%AppreciaGonPerYear&
Receive$179,244,WhichIncludesYour
Original$135,000=32.77%Profit
-
8/3/2019 2011 Investing in Las Vegas
13/20
Leased Homes
January Through June 2010
PRICECLASS 4BEDS TOTALUNITS
$500orLess 104 3 1 108
$501-$800 2056 220 18 2294
$801-$1,000 1050 1612 158 2820
$1,001-$1,300 589 3018 933 4540
$1,301-$1,500 187 623 663 1473
$1,501-$1,700 82 268 380 730
$1,701-$2,000 96 174 386 656
$2,001-$3,500 88 135 386 609
$3,501-$5,000 10 7 45 62
$5,001-$8,000 1 5 17 23
$8,001-$10,000 0 0 2 2
$10,001orMore 0 6 5 11
TOTALS 4263 6071 2994 13238
MedianPrice 800 1125 1450 1100
AveragePrice 933 1480 1795 1376
RESIDENTIAL RENTAL UNITS LEASED
*PURCHASEPRICE
$140,000TO
$150,00
-
8/3/2019 2011 Investing in Las Vegas
14/20
5
2-Story Home Priced At $127,900 With 1715 Square Feet Plus 2 Car Garage Built in 20041
2-Story Home Priced At $149,000 With 1840 Square Feet Plus 2 Car Garage Built in 20022
2-Story Home Priced At $140,000 With 2005 Square Feet Plus 2 Car Garage Built in 20033
2-Story Home Priced At $154,900 With 2038 Square Feet Plus 2 Car Garage Built in 20034
2-Story Home Priced At $139,900 With 1896 Square Feet Plus 2 Car Garage Built in 2004
2-Story Home Priced At $144,900 With 1896 Square Feet Plus 2 Car Garage Built in 20046
2-Story Home Priced At $145,900 With 1757 Square Feet Plus 2 Car Garage Built in 20047
Single-Family Residential Listings As July 2010
-
8/3/2019 2011 Investing in Las Vegas
15/20
The Next 3 Slides Show A $150,000 Home In A Good Location Close To
Schools & Shopping That Rents For $1250 A Month
-
8/3/2019 2011 Investing in Las Vegas
16/20
-
8/3/2019 2011 Investing in Las Vegas
17/20
-
8/3/2019 2011 Investing in Las Vegas
18/20
The Appreciation Rate Is Calculated At 3% For Years 2, 3,& 4 And 4% For Year 5
The Taxes Are 1% of Sales Price Per YearThe Insurance is Approximately $25 Per MonthThe Home Owners Association Dues Are Approximately
$50 Per Month
Facts About Investment Expenses
-
8/3/2019 2011 Investing in Las Vegas
19/20
Protect Your Investment
Property Management Is The Keystone To Property Value! Youll Need:
Strong Relationships With Vendors Who Are Trusted Bonded Partners InLandscaping, Electrical, Plumbing & Related Services
Sophisticated Market Analysis Services to Establish Optimal Rental Pricing Thorough Tenant Screening & Coordinate Move In Process Prompt Rental Collections & Owner Disbursement Thru ACH An Accounting DepartmentThat Pays All Re-occurring Expenses & ProvidesMonthly Income & Expenses Statements & Year End Reporting Including 1099s Ability To Coordinate Property Reconditioning & Pool, Gardening Services A Group That Also Provides Commercial Property Management Services
(Preferable)
-
8/3/2019 2011 Investing in Las Vegas
20/20
Let Me Assist You!Im just a click away. Whatever your goalsas aqualified professional I can help you achieve them.
Dont miss out on the incredible opportunities that existin this unprecedented market they wont last forever.