Browse Month: February 2019

Rising Commercial Market in Las Vegas

Las Vegas, NV has been the go to place for casino goers and vacation spotters throughout the world. The destination has been a hot topic for many in all ages and types. The interesting thing about Vegas, is the real estate market. The market is growing fast, and if you don’t have a piece, you may want to go ahead and buy in now. There are plenty of opportunities there, especially if you’re in the market for brand new construction housing.

A Desert with Vast Potential

Although Las Vegas is a desert oasis – literally – it is also the home to just about 2 million people. It is absolutely not a family place. And if you’re looking to raise a family soon or are currently raising one; you may want to look elsewhere for your own home for your family. It would be great for an investment property, but doing an analysis for families it is not that great a place.

After looking into Henderson, NV as one of the safest places to live in the United States, Las Vegas seemed promising. So we looked into how fast homes were being built there; and you’d be shocked to hear the exact numbers although we can’t share them with you here! This deserted landscape has the potential to become the fastest growing city in the U.S.. Surrounded entirely by empty lots of desert, sin city has room to grow both residentially and commercially.

Tesla almost brought it’s own giga factory which may still be in the works to be built in Las Vegas. Amazon is also building a warehouse there. More and more big companies see the opportunity of expansion in Las Vegas, but few are moving quickly. What this means to us is there’s a lot of land to build commercial buildings on for cheap. Once everyone starts buying is when it’ll get highly priced. But for now, people are iffy about Vegas and will miss out on a huge opportunity. If you have a nack for opportunities and are interested in business, look into it and reach out to us here.

Las Vegas Market Potential

The market potential in Las Vegas is mainly encircling the commercial space. If you have connections in this space for builders that can construct great buildings; as well as architects that can create the designs of these buildings, you’ll be able to buy lots and turn them over easily. The juicy potential is all in the selling of contracts to commercial buyers. That is, owners of businesses or investors that need to build commercial structures. You can frame the deal to specifically force them to use your architect and GC, this way you make more money for the deal.

You can also put together other packages and be very unique with how you structure these commercial real estate deals. For instance, you can find a great marketing company for the business that buys the building to offer either their renter or use for their own business. You can also find a great SEO, graphic designer, signs company, landscaper, and more. The more you have to throw on top will act as a cherry on top of the deal that will make it that much easier to close.

Go Out and Get the Deal

All you have to do is know about this opportunity. What you do from here is all up to you. But from what we know here, and what we tell our friends and family, is to invest in real estate. If you don’t know how to cleverly create contracts from finding deals, you can just buy an investment house for yourself. All I know is the construction market in Las Vegas is hot! If you or someone you know owns a construction business, suggest for them to fly out to Vegas to take a look at the opportunity. They may want to move their company there.

If you can’t invest in real estate due to a lack of funds, you can always find someone else that has the money. A lot of people with money are just waiting for someone like you to come to them with an idea they can invest in. Keep them occupied while making yourself money. It’s a win win situation, and as far as we know, they’re the ones that will reap the most benefit from the deals regardless. Describing things like this to them will help you close the deal much faster. Especially if you have those cherries on top like I listed earlier. Make it easy to close with you and get your contract looked over by an attorney. It’s important you find an attorney that specializes in real estate.

I hope this opened your eyes to an opportunity that may be right under your nose!