anybody bought land in vegas?
 

is the real estate craze still on there?

Too fucking hot there :(

.

for investment reasons lol

if you invest in real estate make sure you are within 30 minute driving distance from what you invest in

actually a very good point

alot of californians are buying 2nd properties in vegas and arizona right now, its crazy.

I'm curious what the reasoning behind that is?
I'm also thinking about buying realestate in several different markets

i just got some info from my friend

he works real estate in new york and told me to buy
and sit on a property for a year and get
great returns

Only buy out of your area if you know a very good property management team to handle the property for you. Be familiar with the area also

For all the hype you see on TV/Cable these days, this city ain't all it's cracked up to be. Looks more and more like a suburb of LA every day.

Real estate prices have been going up here - but a lot of it probably has to to with so many of people cashing out of the "Socialist Republic of California".

Also, if you like 110 degree summers, endless hordes of illegal aliens, homeless panhandlers, and every kind of scam artist you can possibly think of, then this is the place to be.

Yeah, there are too many people here already. The real estate bubble here is about to burst IMO.

The better real estate investments are about 50 or so miles from Vegas, down on the other side of the dam in Arizona. They are building a bypass that opens in 2007 and those areas should really go up in value.

I'd buy in Vegas 20 years ago. Florida is still going to be great.

great point :thumbsup

Even those are going up fast, but look in places like Dolan Springs, White Hills and Meadview.
http://arizonaproperty4sale.com/ is who I bought my property from.

depends what in ny and where ny is a huge state

the city prices are bad now

buy everything u can in sunset park brooklyn right now

i dont get involved in real estate but i know a few who make money in it, i personaly have no time to wait to flip and bullshit if i invest in something it better show me cash within 60 days or its trouble

good luck thou

Vegas is crazy, but many say it's been undervalued for years. The average price of a home in Vegas is a little over $300k for a single family home. A friend of mine just purchased a brand new house, about 20 minutes from the strip in Northwest Las Vegas for $350k. 4 bedrooms and 2 1/2 baths and a little over 2100 sq ft. Has a great room and a really nice floor plan.

I'm one that doesn't care too much about the climate of Vegas (hot summers, cold winters), but many people like the dry air. And there's not to many places in the country where someone without an education can get a job making $40k a year. Add that to the lack of rental properties in the valley because of all the condo conversions make Las Vegas a decent deal. :2 cents:

I sold my house there last year for a 100k profit..then moved to phoenix area where homes were a 1/4 of the price.

I wouldn't buy in vegas right now just for the fact the homes are way way over priced.
I looked in the Burbank area when I was there last week and their prices are just disgusting.

I want to buy some land on the MOON im sure prices will go up eventually its just a bitch getting there ?