Local Realtors Discuss Investing in Las Vegas, REITs & Hedgefunds

(702) 900-1238 Top producing real estate agents, Melvin and Peters, talk investing in Las Vegas. The REITs (real estate investment trusts) and hedge funds invested hundreds of millions of dollars in the Las Vegas real estate market between 2009 and 2012.  The question is are there still some values available for the small and individual investors to buy that make financial sense?  The answer from the real estate experts is YES. Contact the team by going to The Melvin-Peters Real Estate Team website.

The question is answered by these top agents. YES, we have investors shopping the market every day and finding great values for both holding and flipping. They come up on the residential  MLS everyday.

The Melvin Peters Teams just sold two different types of property this past week.

1. The first was a fixer-upper which sold for $355,000. 3,800 sq ft on half an acre, 6 car garage, pool, huge lawn. The investors will drop between $110,000 and $140,000 into this property and it will be back on the market at around $725,000 in three months or so. 

2. Another home, in a much different neighborhood, sold the first day on the market for $105,000. It's 2,200 sq ft and in need of $5,000 to $10,000 for a face lift. It will likely come back on the market at $149,000 or so for a quick sale.

Both of these properties were good purchases for the buyers and the sellers that just sold them. Because the buyers are experienced and have the know how to both evaluate and rehab the property in short order, it will be profitable for them and the ultimate end buyer will get a completely rehabbed house. It's a win-win-win!  Interested in getting in the game, contact the Melvin Peters Team by submitting you contact info.