All Forum Posts by: Robert Adams

Coming Soon Listing! Will be Listed for $440,000 - Call For Address10,122 sqft lot in highly desired Monaco Community. This beautiful 5 bedroom 4 bath home has it all! Giant master bedroom suite equipped with jetted tub, his and her closets, and additional sitting area. Rv parking, koi fish pound, deck, above ground jacuzzi, built in bbq, and huge covered patio. One bedroom and full bath downstairs for your guest plus huge loft upstairs . Wet bar, fireplace and so much more! 

CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY FOR A PRIVATE SHOWING!

With the market still having a massive shortage of homes for sale and demand through the roof, buyers are having a hard time finding deals. Many times buyers are out bid time and time again making the process very frustrating. We are here to HELP!

We would like to talk to the buyers out there about our new listing we have coming to the market. Be the first to get information on these listing and if you like to be the first to schedule a private showing. If you need a lender to assist you with your financing please let us know as we work with some of the best lenders in town and would be happy to connect you with them.

If you are not on our buyer's list please email use and request to be added. We will email you the details of each home to see if it is a good fit for you. Start the buying process HERE

$369,999 - Coming Soon Listing! Active Adult 55+ Community in Heritage at Cadence | 1 Story | Built in 2017 | 2 Bed | 1,890 sqft | 2 Car Garage | Custom Paint | 10ft Ceilings | Amazing Club House and more...

722 Orange Plume Henderson, NV 89011 - Coming Soon will be listed for $369,999
Located within the master planned Cadence community, Heritage is the only community in the master plan specifically designed for active adults 55+ and offers a wonderful all-inclusive lifestyle opportunity. A wide assortment of amenities are uniquely tailored around the preferences of active adults.

The 20,000 square-foot recreation center contains an indoor lap pool, craft rooms, billiards room, game room, a grand ballroom, multi-purpose rooms and a cafe. Residences can also enjoy a fitness center, along with an aerobics studio. Outdoors, Heritage residents can enjoy the beautiful pool and patio with gorgeous views of the surrounding mountains. There are also several bocce ball and tennis courts, as well as horseshoe pits for gathering with neighbors. An outdoor BBQ provides a great meeting place for various community events. Open to Cadence Heritage residents only.

Highly sought after sold out townhome community, active adult 55+, 2 bed plus den 1890 ft² 2 car garage, open concept, custom paint, 10' ceilings, home automated system, builder warranty, upgraded flooring and just steps away from the clubhouse!

CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY FOR A PRIVATE SHOWING!

With the market still having a massive shortage of homes for sale and demand through the roof, buyers are having a hard time finding deals. Many times buyers are out bid time and time again making the process very frustrating. We are here to HELP!

We would like to talk to the buyers out there about our new listing we have coming to the market. Be the first to get information on these listing and if you like to be the first to schedule a private showing. If you need a lender to assist you with your financing please let us know as we work with some of the best lenders in town and would be happy to connect you with them.

If you are not on our buyer's list please email use and request to be added. We will email you the details of each home to see if it is a good fit for you. Start the buying process HERE

SEE ALL THE INFO AND PHOTOS HERE: http://www.lvrealestatehelp.com/blog/369999-coming-soon-listing-active-adult-55-community-in-heritage-at-cadence-1-story-built-in-2017-2-bed-1890-sqft-2-car-garage-custom-paint-10ft-ceilings-amazing-club-house-and-more

Vegas is a great market. more bang for your buck than cali with lower taxes and property values. 

You can also look in to leveraging the $300k with financing. 

Anyone currently working with tom from bp that can share their experience?

here

You have come to the right place! welcome to BP.

The Vegas market is still on fire. Margins are thin on flips and a lot of listings are over priced. Base your offers on comp value not list price and try to stick to a formula that includes all costs and a decent profit. Super low balls are very difficult to get accepted in today's market unless you find uninformed sellers off market. If i can help feel free to message me. Take care.

@Nathan Ku

I would start with an MLS search that are not using "financing considered: FHA". Then you can confirm they are not on the FHA approved list here: https://entp.hud.gov/idapp/html/condlook.cfm

Then if you find a good deal you can look into the HOA resale package and find out why it is not on the approved list and then see if it is a good fit to become FHA approved once they loosen FHA guidelines on these restrictions. Condo communities are not FHA approved for many reasons. When they loosen these restrictions some will remain restricted and some will become available for financing. I would buy the ones you are expecting to become finance-able. One of the big factors is the owner occupied owners to investor owner ratio. If this restriction is removed or loosened many communities would be added to the approved list.

You can read more about these restrictions and the pressure on Ben Carson to make changes here: https://www.housingwire.com/articles/43748-congres...

Hope this helps.

Many are like you leaving the over taxed, over priced markets for more bang for their buck in lower cost of living markets like Vegas. I would be happy to help answer any questions you have about the Vegas market.

Cap rates are still pretty decent in vegas and rents are increasing. Appreciation rates are better than most areas of the country as well for 2018.

I would go after condos in vegas because financing is limited currently but expected to loosen by year end which will increase buyer pool and values.

Are you looking to invest in Vegas? I am currently in my other market MA and RI right now but would be glad to help if needed. Please tell us more about what you are looking to do.