Robin Camacho
Las Vegas Real Estate
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From Grand Cayman
Jason Correal said: Well congrats on getting a vacation. I will await your return for some
good pictures and more updat... [More]
From Grand Cayman
Rockymet said: Well deserved, lay on the beach, drink from coconuts, pet the stingrays and have fun. [More]
Time out for family
pollllll said: http://www.state.sd.us/gi... [More]
Investment Homes with Cash Flow
Judy Taylor said: It was GREAT to see desirable properties below $100,000 mentioned. I have been watching this group o... [More]
Las Vegas Investment Homes - A Primer
Bill Guerra said: Hello Robin,
I just wanted to drop by and see your blog. It is excellent there is some really good s... [More]
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Posted At : September 16, 2008 1:19 PM | Posted By : R Camacho
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According to the Las Vegas Review Journal, some lucky people are making money on foreclosures. The writer interviewed some of us in the industry who are thriving in this market (http://www.lvrj.com/business/28385054.html), but neglected to interview any investors! And while this is still not a market for flipping homes, savvy investors continue to gobble up some great rental properties.
Mike F, the LVA reader I mentioned recently, just closed on his $54,000 2-bdrm. rental home yesterday. He had closed on his $70,100 2-bdrm. condo late last week. Ahhhh, the sweet sound of cash flow coins dropping into the register. Cha-ching.
My phone was ringing yesterday over my comment in the article, and I'm now looking for homes for several new clients. From listening to these readers/callers, it appears not all Realtors put their client's needs first. Go figure.
Mortgage rates are down. If you haven't locked your loan yet, you should check in with your mortgage banker today to discuss whether it's time to lock.
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I am currently unable to be financed so I can’t buy. That should change, and I want to be ready. When I did have financing, most realtors “guided” me to the more expensive areas. I did not like the homes; the areas or the realtors. Right now, I am a waste of any realtor’s time. Doing my own research has been a golden time for me. Checking out these properties via the internet or by cruising the neighborhoods has been a fascinating education on my adopted cit(ies).
Thank you, Robin. I have gained so much from your articles, blogs and “Top 10”. It is a validation to recognize a property on your “Top 10” or top 50 because it is on my list. And it is a validation to find your clients have been happily buying into this group of homes.