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Abraham Valentino CEO iMetros.com on Las vegas Real Estate Investment

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Industry Observer with SOLARIT®

Abraham Valentino CEO iMetros.com on Las Vegas Real Estate Investment

 

  The most recent Las Vegas Real Estate Investment of iMetros.com has an annually adjusted ROI of almost 81% Abraham Valentino stated. However when one actually considers the leverage return on investment iMetros.com has gained over 241% annually adjusted ROI.

Abraham Valentino Ceo iMetros.com Las Vegas Condo on Strip

That is almost tripling our investment dollars, almost, Abraham Valentino says while smiling!

Current real estate investing in Las Vegas luxury condos is simple while challenging at the same time. Las Vegas condo market values crashed by almost 75% during 2008 financial crises. while markets have recovered about 25% of their 2008 values or almost double the prices from post 2008 crash, there are still less than 50% of their peak price Abraham Valentino adds. Abraham Valentino Ceo iMetros.com Las Vegas Condo on Strip

Abraham Valentino continues with the valuation process of the Las Vegas Strip and luxury condos by comparing the similar Luxury condo prices in San Francisco, Los Angeles and San Diego where most of the secondary buyers of Las Vegas condos come from. 

The appreciations of CA luxury condo prices are now (in 2014) exceed their peak pricing of 2008. Applying the same principals to Las Vegas condo market, I anticipate the same results in the next 24 months Valentino states with confidence. Abraham refers to some of his earlier predictions of San Francisco Luxury condo market in his blogs posting of 2011 and 2012.

 

abraham valentino on las vegas condos city center

"I am banking on up to a 50% increase in 24 months in Las Vegas Strip condo prices and valuation" by Abraham Valentino, CEO of iMetros.com, therefore our investments are targeting the best of these products. we are buying properties at about 40% to 50% of their initial development cost. Simply said, that is like someone is selling a $100 bill for $45. How can a smart buyer refuse that?

Valentino warns however that Las Vegas investing is not for just everyone. The Real Estate market is a challenging one in Vegas. There are certainly a lot of opportunities there. However Abraham adds that he is not impressed with market leading in that market therefore iMetros.com is seriously considering to design and lunch a real estate portal for that specific market and perhaps create or help creation of a professional sales and luxury brokerage firm in the near future in that market. 

abraham valentino

 

Abraham Valentino reiterates that iMetros.com is not accepting investors in their real estate transactions except private funding’s as a hedge in some investments. 

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