Tuesday, September 6, 2016

Now, This Is What I Have Been Talking About!

As this link shows, 100% of Professional Athletes will experience unemployment in their future.

That is why I have been so vocal about young athletes acquiring a CRE NNN property early in their careers so that they will have an income producing asset to fall back on for monthly income once the lay-off or employment termination comes.

http://schoolvideonews.com/Broadcast-Journalism/Pro-Athletes-and-Sports-Broadcasting

The author is a former professional athlete, so I think he knows.

Contacting David Howes about Las vegas CRE is easy -- either by: davidATdavidhowesDOTnet OR call him at: 70 25 01 93 88 AND Follow David on Twitter: @DavidAHowes

Wednesday, August 24, 2016

Inexpensive Commercial Properties For Sale in Las Vegas!

Recently, my email Inbox is receiving inquiries about Las Vegas Commercial Properties.  And, being the Full Service Real Estate Broker I think I am, I try my best to respond as quickly and efficiently as possible.

I even have had a few telephone calls asking the same.

Anyway, just to give 'other' blog followers updated information; It is true: there are a variety of small commercial properties in Las Vegas that are under $500,000 that are For Sale!  They consist of Multi-Family (in the 3-4 unit range), Retail, Offices and Industrial locations that are For Sale in the Las Vegas metro area.

Now, most are Listed For Sale in the $200,000 to $300,000 range; Most are smaller than you'd think (less than 5,000 SF); and all are pretty well located on or near very busy, high traffic streets.

So, if you have been hesitant about contacting me in the past because you feel you may not qualify; or feel that buying in Las Vegas is so far away, please rest assured that most can be managed by a local property management company by a broker I know very, very well. (She's very, very good.)

And, the listing price is just that: a Listing Price.  It does NOT mean that it is Non Negotiable!  There is some wiggle room to get to a selling price.

If you need to qualify for a loan, I can help you there, too.  A lender will need to see your financials. In order to qualify for a loan, financials are required to verify your ability to buy/finance a purchase.

So, you may ask: WHY? would I give David Howes a call to buy in Las Vegas, NV?
My answer: I can get you an income property that can provide you with a monthly income.  It may NOT be thousands of dollars a month in rent; but it will be a start of building a real estate portfolio.

And, earning a few grand a month, does help with monthly bills and helps you build equity for the future.

So,...

Contacting David Howes is easy -- either by: davidATdavidhowesDOTnet OR call him at: 70 25 01 93 88 AND Follow David on Twitter: @DavidAHowes

Wednesday, August 17, 2016

Smart People Will Listen to You!

Yesterday, my younger brother, Tom, called to say 'Hello!'

I found out that Tom had to have surgery on the shoulder that he thought he dislocated back in February this year when he slipped and fell on some ice.

As it turned out, he actually tore his rota-tor cup and the doctor finally ordered surgery. (I hate insurance companies.)

Anyway, being out of work for awhile, he was bored and thought he'd give me a call.

I updated him on how bad sales of CRE properties are going in Las Vegas; and how many, many potential buyers are ignoring my advice.  They are still waiting for the market to turn as far as I can tell.

Then, he said something that surprised me!

He said, "Don't worry.  The smart people will listen to you, forget about the rest."

Huh?!  I immediately thought: Have I been dealing with dumb people who I thought were smart?! -- You know the ones who won't take my advice and buy the 8% Cap Rate properties that are available here in Las Vegas? But, will buy a 5% Cap Rate property in another state?

I just thought that they knew something more about Las Vegas than I did.

Anyway, he went on to say, that "the buyers will eventually come around.  They most likely want a steal and they only view Las Vegas as deals."  Okay, good point, Tom.

The problem with that theory is that a 5% Cap Rate is a high purchase price that is more in favor of the Seller.  Anyway...

We then got into how he has been using his down time to fix up his rental property -- surgically repaired shoulder and all -- Blah, blah, blah.  The usual stuff you go through when you are a landlord, too.

But, if you are smart.  And, truly are interested in a Las Vegas CRE Property, my contact information is...

Contacting David Howes is easy -- either by: davidATdavidhowesDOTnet OR call him at: 70 25 01 93 88 AND Follow David on Twitter: @DavidAHowes