Vegas Condos

surfdoc · #1 06-02-2005, 02:26 PM

Hi all,

I have heard there are some reasonably priced condos available for investors on the strip in Vegas. Does anyone know about this or have a real estate broker contact for me. I think a 300k ish place to possibly rent/use would be awesome. Thanks.

midas · #2 06-02-2005, 03:45 PM

Surf:

If you search the web using Las Vegas condos you'll get many sites. I think there are a bunch of new high-rises going up on the strip. $300K sounds very low given the inflated state of LV real estate. Also, I don't think the rental market has caught up to the purchase market - ie rental income doesn't cover the cost to own.

Check this out - the new development is out of control!!

http://www.greatlasvegascondos.com/l...h_rise_map.htm

Good luck

surfdoc · #3 06-02-2005, 06:54 PM

Wow, that is a bit overwhelming but interesting. Anyone have information on a specific location?

LostMyCaseMoney · #4 06-04-2005, 10:01 PM

I'm a realtor with Century21 and can get you in touch with an agent from the area if you like.

OtisTheMarsupial · #5 06-04-2005, 10:26 PM

There are a TON of condos for sale in Vegas.

My two cents: If you're shopping for your residence, go ahead and look at condos. If you're invsting, wait til the condo bubble bursts and pick one up then.

Jeffage · #6 06-05-2005, 11:09 PM

I was thinking about this too. There are condos behind the Bellagio...how sick would that be? I just don't see how this could lose money. Someone correct me if I'm wrong.

Jeff