The medium price of a Las Vegas home has now dipped to $190,000. Wow - I remember only 2 or so years ago it was in the $300,000 range! My first enlightened wealth institute course was in Las Vegas many years ago and it is interesting to see the housing come full circle. The demand cycle will not come to Vegas until 2012 timeframe so increases you won’t see until then. This makes it even more important to scout out good deals and negotiate below market prices to lock in your real estate profits!
Where do we go from here?
Well, if you are applying sound real estate investment strategies, it shouldn’t matter to you as you are buying with steep discounts and if you are getting into full time real estate investing, wholesaling is the best way to start as you take all the risk out.
Wholesaling real estate investing is not as hard as some make it look, the keys are to have a good marketing system going to find buyers for your real estate deals and to lock up good real estate deals. Pre-foreclosure investing is a great way to get into wholesaling.
To Your Success! Tammy Powell, an enlightened wealth institute student
P.S. Check out my upcoming Foreclosure Fast Cash Mastery if you Are you looking to make money in pre-foreclosures.
Tags: enlightened wealth institute · foreclosures · las vegas real estate · marketing1 Comment
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Thanks for the info!