Is buying a condo-hotel in Las Vegas a good investment?
I'm looking into purchasing a studio condo at either the Palms Place or MGM Signature. They're going for about $130-150k. Do you think that's a good investment to rent out? What if I moved there and lived there but rented it when I traveled?
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have you looked recently about how much inventory/housing is available in las vegas? It may be a good investment long term, but for now it might be hard to rent out. You'd have to do serious research ...
How many hotel rooms are there in Las Vegas? Why would someone want to rent from you instead of staying in a regular hotel? And can't you buy a real house for far less than that in Las Vegas?
Most people who vacation in Las Vegas stay only a few days - personally I can only handle about 48 hours there, no more!
apartment is jointed residences you own with kitchen, mattress room, frontroom, etc., yet have an association value, the position a inn room is renting a room with a mattress and loo basically, no kitchen. $250,000 isn't a incredible apartment lately, and that does no longer contain the month-to-month association value, taxes, insurance, etc. residences contained in the budget are sturdy. you want a sturdy realtor which will help you. you do not choose something in 89109 zip or a letter street. the most proper factors of west of Strip on the west side and previous of rainbow.