Las Vegas General Contractor Blog

Las Vegas Housing market - low risk, high yield investment

Las Vegas Housing market - low risk, high yield investment
Jun 01, 2021

Those who consider real estate as a way to receive a passive income, certainly want to make a high yield investment. However, the thought about investment risks can make you feel at a loss. How to choose profitable rental properties and reduce risks when investing in real estate? Is it worth making investments in Las Vegas real estate in 2021? You’ll find the answer here.  

Is Las Vegas a good place to invest in 2021?

Although at first the pandemic slightly slowed down the development of the Las Vegas housing market, now it is booming again. Las Vegas offers a great number of real estate income properties and many opportunities for real estate investors.

Homes are very affordable here and they gradually appreciate over time, which is a real benefit for those who still hesitate to invest in Las Vegas realty. Rental prices are rising and demand for rentals is high, so buying and then leasing realty is also profitable here.

Variety, affordability and demand for residential & commercial real estate make the Las Vegas housing market attractive for buyers, sellers and investors. Thus, there is every indication that Las Vegas is a good place to invest in 2021.

How to reduce risks when investing in real estate?

Investing in real estate may pose some risks to inexperienced investors and those who don’t work with a professional real estate agent. If you don’t know how to approach this issue, your income after making an investment can be below your expectation. Generally, the risks stem from poorly chosen property type, bad location of the property, violation of rental conditions, deterioration of buildings, etc. Thus, it’s important to know how to avoid these risks and prevent negative cash flow.

Here are some practical ways to help you reduce investment risks:

1. Pay attention to the location

It’s always worth choosing locations that are popular with real estate buyers and tenants, so that the properties you invest in will be in demand. Otherwise, your property can just be empty without generating income. So, make sure you know where the best Las Vegas neighborhoods are.

2. Choose below-market properties

By purchasing below-market properties and slightly improving and renovating them, you can greatly increase ROI. This way involves lower investment and a higher profit.

3. Diversify your investments

You never know what is going to change in the local housing market. So, it’s better to invest in more than one property in different areas. Diversification is an effective way of minimizing almost any investment risk.

4. Invest in commercial real estate

Commercial real estate offers higher rental yields and a long-term rental period. Besides, it’s a good way to diversify your investments.

5. Devise your strategy

Regardless of your investment plans, it’s important to find a professional real estate agent near you who will help you choose profitable rental properties and devise the best strategy.

Does rental property investment strategy work well when investing in real estate?

Rental property investment strategy is popular with Las Vegas investors. The point is that you buy profitable rental properties and lease them out ensuring a steady cash flow. You can choose from long-term rentals, short-term rentals, vacation rentals, commercial real estate, etc. The strategy will work well if you choose the right location, the right property and the best real estate team to help you. Besides, the value of properties increases over time, so this kind of investment will bring you a good income.

Property types for investing in the Las Vegas housing market

Las Vegas housing market is distinguished by the diversity of residential & commercial real estate available for investments every year. Here are property types that are much in demand among realty investors.

Residential properties

  • Single family homes
  • Multi Family homes
  • Condominiums
  • Townhouses
  • Duplexes
  • Luxury Homes & Condos
  • Custom luxury homes
  • Vacation homes
  • Detached houses
  • Residential complexes
  • Land Lots

View Las Vegas Residential Real Estate >
6226 Residential Properties for 06/01/2021. Listings updated daily!

Commercial properties

  • Apartment Buildings
  • Commercial & Industrial Strip Centers
  • Warehouse Buildings
  • Office Complexes
  • Medical Centers
  • Vacant Land

View Las Vegas Commercial Real Estate >
56 Commercial Properties for 06/01/2021. Listings updated daily!

Depending on your needs and plans you can choose the right property type to invest in. Any investment can be profitable if you know what strategy to apply and how to use it right. Titon Realty and the real estate agent Ben Shimon will help you fill a knowledge gap, clarify difficult issues and make a wise real estate investment.

Is it better to invest in a single-family home or a condo?

Both single-family homes and condos are real estate income properties, but there are some aspects to consider before investing in either of them. At the initial stage, when you purchase a property, condos tend to be less expensive than single-family homes. Single-family homes can be located in different parts of the city and are usually oriented on people who are willing to have more privacy. Condos are typically situated downtown in vibrant parts of the city, a short step from various amenities and are mostly sought by people for whom the convenient location is crucial. Thus, it’s easier to sell a single-family home and lease a condo. So, if you want to buy properties and resell them, it’s better to choose single-family homes. If you plan to lease properties after purchasing, condos are the way to go.

Looking for a professional real estate agency near you in Las Vegas? – Ben Shimon and our Titon Realty team know how to reduce risks and ensure high yield investment. Call us: 702-751-7555.

Areas we serve

Our expertise and reputation has grown our business beyond the local area to include numerous projects in such cities

  • Summerlin
  • Centennial
  • Spring Valley
  • Southeast
  • Southwest
  • Downtown Las Vegas