PROPERTY INVESTMENTS IN LAS VEGAS-NEVADA (THINK NOW)!

Las Vegas is one of the fastest growing cities in the world with approximately 3,000 visitors per day.

 Yes Las Vegas was rated at the top for forclosers, but that's because of the crooked Loan officers, mortgage companies, banks, etc. What would anyone expect in Las Vegas, everyone is looking to win the jack pot, become a star, or make the fast money.

 Approximately 60-65 percent of Politicians are Attorneys and they have huge Real Estate investments all over the United States. Once a new President is Elected (God help us), you are going to really see some activity in the Real Estate market. And one of those places of activity will be in Las Vegas.

  Venetian Hotel/ Casino

 If your are familiar with Las Vegas (the meadows), you can drive East & West of the city and after about 30 minutes driving on either side of the city you are stopped by mountains. Homes have been built as far East to West as they can go. North to South continues to grow towards Reno to the North, and California to the South. But then again the building is limited because of the mountains and the city of Las Vegas being in a valley.

 The focus of the building is in High-rise Luxury Condos.

      MGM Hotel/Casino

 If you have visited Las Vegas lately or have seen photographs, one can see that Las Vegas is building up, up, up! Belonging to the Las Vegas High-rise Association, predictions for High-rise Luxury Condos in in the hundreds in the next 20 years. Investors are planning to build approximately 10 buildings per year for the next 20 years. This is about 200 High-rise Luxury buildings, and let's just cut that in half which would around 100.

 I myself would not invest into one of the new condos going up, but into older homes located on either sides of the (STRIP). As the building continues the dirt that these older homes becomes very,very valuable. When Steve Wynn built his new Casino there were several homes on one block that he wanted out of the way, he wanted to own all of the property on that block. When he first broke ground, Steve offered these home owners $1,000,000 and after 1-2 years at completion of his Casino payed $3,000,000 for each home. These homes were build back in the mid seventies and really only worth $500,000 each.

     Wynn Hotel/Casino

 I am planning to purchase some more investment homes in LasVegas around November-December of 2008, because I believe this will be the best time to buy. The prices will rise in Spring, they always do, so (THINK NOW) if you want to own a part of the fastest growing place in the world!

 We will have a new President this fall, (God help us) and many home owners will want to sell their homes before the new year. For tax reasons and home owners that have had their homes on the market forever.

 If your interested in owning a piece of Las Vegas Nevada before it's to late feel free to search my MLS at:

http://www.vegasbuildingsforsale.com/mls.htm

 I look forward to helping you with your investments.

ROBERT SWETZ

Direct:  702.443.7156

www.VegasBuildingsForSale.com

www.New-Commercial-Properties.com

www.LakeOwner.com

All photos by:  Robert Swetz