Thursday, September 19, 2019

Three Las Vegas Motels For Sale!

If you have been considering entering the Las Vegas Motel Market, here's your chance.

You can acquire all (or individually) three separate non-branded Motels at a +/-12% Cap Rate!

That's a steal as far as I can tell!

Two of the Three are located within the "Opportunity Zone" which enables you to get a tax break for redeveloping these properties.

The Economy Motel

The Starlite Motel

The Casa Blanca Motel

Each Property is in a Value Added state and the right person with enough ambition can turn these into branded motels; OR, just keep operating them as they are.

They are earning a total Net Income of +/-$903,066 annually!

For further property details...

Contact David Howes: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

Wednesday, September 11, 2019

Just received an alert about your listings!

Okay!  That's great!  Who sent you the alert?

Deal Stream!

Who?

www.dealstream.com!

Wait, what?  I don't subscribe to that web site....

And, so, it happens.  Someone is advertising my listings on another web site.

Should I be angry?  Sad?  Or, happy someone sleazy is trying to sell my listing to another buyer without my consent?

Now, I know the values of these properties.
The Seller knows the values of these properties, too!

If they think they can acquire them so low that they are flip-able, they're wasting their money.

You see, the Seller is very knowledgeable about Las Vegas real estate; thus so am I.

If we get an offer at or about the Seller's selling price, then, SOLD!
But, I can tell you this.

The flipper isn't going to make as much money as they envision.

But, sure, Go ahead!

Market my property for me.  It saves me time and money!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

Wednesday, September 4, 2019

SOLD! Okay, Not SOLD. But, they keep saying SOLD!

Have you ever been told a lie and you know it's a lie, but the person telling the lie insist it's the truth!

Recently, a (not so major) resort Sold in Las Vegas.  But, as far as I can tell, it didn't sell.

Okay, I am NOT going to identify the property.  Let's see if you can guess.

A small resort property announced a sale and when I investigated, I found that, that wasn't quite true.

But, the news media keeps hawking the Sold news as if it was something major.

In my investigation of this sale, the ownership name changed, but it remained the same, even though it is going to be occupied by a "New Tenant."

Everyone involved from owner to tenant were in the news saying the right things about this new (supposed) ownership of the property.

The only thing I knew was new was the tenant taking occupancy.  The old ownership still owns but under a different name.

The old ownership executives are the new owner executives.  Yet, the tenant is new.

See how this becomes confusing.  Sort of like listening to a liar who lies and then re-listening to the people who were lied to and they are repeating the lie, yet no matter how much emphasis the new liars try, the lie is a lie.

And, unfortunately, since you know the truth, it becomes exhausting trying to correct the lie.

So, to NOT be lied to... why not contact me.

I will tell you the truth regardless of whether you believe me or not.

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!