Real Estate in Las Vegas

[Vadiksf415]

I've been looking online at real estate available near the Strip and have found some unbelievably low prices....ie MGM Signature for approx $145k and some other places (High Rise Condo) near the strip in the same price range. Are those prices legit or is it false advertising. Right now is the perfect time to buy a investment/vacation property, considering Nevada has 70% of their total mortgages under water and I want to take full advantage of it. Could really use your info about this.

[Drew]

Prices are legit. Vegas real estate has been dropping and dropping and dropping. When buying high rise condos though beware of the high maint fees though.

[LS6]

i was interested in the City Center option way back before they started to build them. They were up there at like 450k for a single bedroom condo. Good thing i didnt get in it before the market took a dump.

[Vadiksf415]

Prices are legit. Vegas real estate has been dropping and dropping and dropping. When buying high rise condos though beware of the high maint fees though.

How much do you think maint fees are? I own a Condo in a suburb of SF I pay roughly $400 a month but that includes, 3 pools, suana, jacuzzi, gym, and the usual stuff water, garbabge, etc. But still, I think if I purchase a unit at either MGM Sig or Palms Place (below $200k) and throw it into the rental pool, I think I my monthly mortgage and maint fees would covered. Do you guys know how much the property management usually costs for those places?

[LOUDpacmanjones]

im planning on moving out to las vegas after new years.. been looking around for something on www.hotpads.com


do any of the condo properties like the veer and stuff at city center have balconies?

[brazeneye]

One of my good real life friends's wife is a real estate agent in Vegas! If you want her contact info, lemme know!