Tuesday, September 10, 2013

3 Sold! 7 to Go!

In the last ten months, I've Sold three Downtown Las Vegas Properties. I have seven more listed that are ready to be acquired.

Now, they ain't cheap. But, because they are in the direct and indirect path of the Downtown Redevelopment Project, these will be ripe for flipping or redeveloping them yourself.

Downtown Las Vegas is going to change -- even IF the change continues at a very slow pace. This acquisition area of the Downtown Redevelopment Project will be bringing in more housing, office space and retail. The nightclubs and entertainment area is pretty much covered.

So, IF you dare: I have several parcels which will accommodate various uses. Such as, restaurants, all forms of retail, and especially housing.  And, the need for store front office will come more into demand once the housing is well on its way to being built and occupied.

So, send me an email and I will forward the properties to you that I am talking about.

Two Motels, an Office building, and two small (tear-down) Office buildings, two Duplexes, and an Apartment Building.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88

Monday, September 2, 2013

Crash and learn: The dramatic drop of land values on the Strip - VEGAS INC

This is an article of interest to those of you who are considering a resort acquisition.

Crash and learn: The dramatic drop of land values on the Strip - VEGAS INC

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88

Saturday, August 31, 2013

"You are the Best Real Estate Broker Ever!"

Okay. I know. I am (shamelessly) patting myself on the back. But, I thought it should be known. With that said, I usually don't ever say anything to anyone anything about myself.  I try to let my actions speak louder.

But earlier last week, a long time client of mine, called and asked me to go get a cup of coffee with him. So, I agreed. When we met, I even offered to pay but he refused my gesture and paid.

As we were sitting down, a third gentleman entered and sat with us. It turns out it was my client's older brother. He had a real estate dilemma on his hands.

To cut to the chase, the brother needed to deed his house to his son so he could return to his country of origin to take care of some business there and was going to be gone for at least a year.

He wanted to deed his house in Las Vegas to his son but he wanted to keep some form of control over it so the son couldn't sell it without his permission. (I got the impression that this was more of a father-son control issue.)

Anyway, I set up a meeting at a Title Company so that the paperwork could be done correctly.

Anyway, while we were meeting, my client said something in their native language to which his brother who turned to me and was really glad to meet me. I thank him and we proceeded with the above discussion.

Afterward, the brother excused himself having to have to attend to other business. My client and I sat for a spell talking about the how real estate changed over the 10 plus years we have worked together.

(My client wants me to look for a property with long term income. He is going to retire and needs an income to last a good 10 to 15 years.)

Anyway, I asked him what had he said to his brother that made him change in enthusiasm when he first arrived?

My client said, he had told his brother when he arrived that he was meeting the Best Real Estate Broker ever. His brother didn't believe there was ever such a person because my client had at times said to him he was working with a broker that he felt was the best.

He said his brother was surprised to have finally met me. My client said his brother had always doubted him there was ever such a person.

Anyway, since that date, the deed has been taken care of; the brother has returned to their country of birth; and everything seems to be in order -- well, as much as I can tell being on the outside looking in.)

And since then, while my client and I have gone back and forth about investing in various parcels, my client injected into one of our conversations that his brother had let him know he was very happy I had helped him.  I said, "Tell him, 'Thanks.' I was just doing my job."

My client said that I have been the only real estate broker who has never, ever tried to "Sell" him something he didn't want. I always would make suggestions to him and then I would let him to decide. He has always been very appreciative of that.

And, before we departed he said that on every property he has bought and sold through me, I was always able to make him money.

Fortunately for me, my client was always smart about the "when" to purchase and the "when" to sell.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88