In this article, he points out that investors who go for it have a better than average chance of making money in Las Vegas.
Sure, property in Las Vegas seems overpriced.
Sure, some properties that have been recently acquired are at prices that seem to be a deal.
But, unless you get active and engage in attempting to acquire properties here (whether they be a resort property or an investment property), you will be left behind.
Thus, you will fail.
34 Million Reason why to invest in Las Vegas
The problem with Las Vegas isn’t the fact property prices (seem) high. It’s investors from outside of Las Vegas don’t understand Las Vegas.
When Bob & I met for lunch yesterday, he said that when he entered the gaming business back in the 1960’s it was all about gambling.
He said, today it’s about the experience: the amenities, the wining & dining, the spa treatments, and shopping.
People are coming to Las Vegas. 42 Million last year alone.
You either want to be a participating observer; or you want to remain an observing participant.
Regardless of your investment size, a piece of the pie could be yours but you have to stop observing from the stands.
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