Where to buy in Las Vegas?

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I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.
 
[quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>


Then don't.
 
[quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>


Unless you have a gambling problem. Vegas has great Vacation appeal.

And its almost local. Not sure about living there though.



Its great to fly in. 50 Miniute flight. Get picked up in a Maybach limo.

Check in to the Skyloft.

<a href="http://www.skyloftsmgmgrand.com/html/video.htm">Skylofts</a>

These suites are as low as $ 400.00 a night weekdays.

Includes the Butler and the Maybach to and from the Airport.

Spend a few days during the week and escape. No car to drive.

No responsibility except to not go too crazy.

Some of the best restaurants in the world. Great shows.

And its amazing. Some of the nicest people in the world.

When the people that work in Vegas see that you know what your doing and

obviously have experience in the town and are friendly. The sky is the limit.

You will get comped and upgraded and taken care of for a minimal expense.

You just have to ask and know the system a little.

Just a little gambling at Pai Gow and some Craps. Too much fun.



Beats investing money in the Stock Market or in Real Estate these days.

And during the weekdays its DEAD.
 
[quote author="bltserv" date=1238645387][quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>


Unless you have a gambling problem. Vegas has great Vacation appeal.

And its almost local. Not sure about living there though.



Its great to fly in. 50 Miniute flight. Get picked up in a Maybach limo.

Check in to the Skyloft.

<a href="http://www.skyloftsmgmgrand.com/html/video.htm">Skylofts</a>

These suites are as low as $ 400.00 a night weekdays.

Includes the Butler and the Maybach to and from the Airport.

Spend a few days during the week and escape. No car to drive.

No responsibility except to not go too crazy.

Some of the best restaurants in the world. Great shows.

And its amazing. Some of the nicest people in the world.

When the people that work in Vegas see that you know what your doing and

obviously have experience in the town and are friendly. The sky is the limit.

You will get comped and upgraded and taken care of for a minimal expense.

You just have to ask and know the system a little.

Just a little gambling at Pai Gow and some Craps. Too much fun.



Beats investing money in the Stock Market or in Real Estate these days.

And during the weekdays its DEAD.</blockquote>


I guess that is it. I do not enjoy gambling, and see absolutely no vacation appeal.
 
[quote author="awgee" date=1238646423][quote author="bltserv" date=1238645387][quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>


Unless you have a gambling problem. Vegas has great Vacation appeal.

And its almost local. Not sure about living there though.



Its great to fly in. 50 Miniute flight. Get picked up in a Maybach limo.

Check in to the Skyloft.

<a href="http://www.skyloftsmgmgrand.com/htm/video.htm">Skylofts</a>

These suites are as low as $ 400.00 a night weekdays.

Includes the Butler and the Maybach to and from the Airport.

Spend a few days during the week and escape. No car to drive.

No responsibility except to not go too crazy.

Some of the best restaurants in the world. Great shows.

And its amazing. Some of the nicest people in the world.

When the people that work in Vegas see that you know what your doing and

obviously have experience in the town and are friendly. The sky is the limit.

You will get comped and upgraded and taken care of for a minimal expense.

You just have to ask and know the system a little.

Just a little gambling at Pai Gow and some Craps. Too much fun.



Beats investing money in the Stock Market or in Real Estate these days.

And during the weekdays its DEAD.</blockquote>


I guess that is it. I do not enjoy gambling, and see absolutely no vacation appeal.</blockquote>


The other BIG "Vegas Let Down" is if your a reformed Alcoholic. I made the mistake of

taking a client that I was not aware of his past "Drinking Problems". Not a good trip.
 
[quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>
My dad has serious arthritis (sp?) and was suffering out here, since he moved to Vegas he feels a lot better due to the dry, warm climate. He does like to play poker and do some sports bets so it works for him. Also, Nevada has a much lower cost of living than Southern California...utilities are slightly cheaper, gasoline is $.10-.15 cheaper, the sales tax is only 7.25%, car registration is about 1/2 the cost, there's no sales transfer tax on cars purchased from a private party, and you have no state income tax. Different strokes for different folks (that being said, I'd never raise a family out there). That doesn't include the fact that you can buy a newer home in the best parts of town for about $100/sf.
 
[quote author="skek" date=1238650007][quote author="awgee" date=1238646423]I guess that is it. I do not enjoy gambling, and see absolutely no vacation appeal.</blockquote>


I enjoy gambling, particularly poker, so Vegas will always have that appeal to me. But I see no vacation appeal there, and would never take the family there. The restaurants are nice, if you are already there, but they are all just over-the-top Vegas-ized reproductions of real restaurants that exist elsewhere. As with everything in Vegas except the gambling, I would prefer to experience the original.



True story -- I overheard a woman talking to her friend about a recent family vacation to Vegas. When asked why she took her family there, her response was "that way the kids got to see the Eiffel Tower and the pyramids, all in one trip!"</blockquote>
What do you play Skek? Limit? No-Limit? Tournies? Do you play locally at Ocean's Eleven, Hawaiian Gardens, or Commerce?
 
[quote author="skek" date=1238650169][quote author="usctrojanman29" date=1238650127]What do you play Skek? Limit? No-Limit? Tournies? Do you play locally at Ocean's Eleven, Hawaiian Gardens, or Commerce?</blockquote>


Yes.</blockquote>
haha I play at some of the tournies at HG and the $300 No'Limit or $1,000 No'Limit tables. I'll play $8/$16 or $20/$40 down at Ocean's Eleven. When I'm in Vegas I play at the Red Rock Casino (since it's close to my dad's house) or I hit up Bellagio (love that poker room). How often do you play?
 
[quote author="Goofy" date=1238643336][quote author="awgee" date=1238639698]I do not understand the attraction of Las Vegas.

I see nothing attactive enough to cause me to want to live there or even visit there.</blockquote>


Then don't.</blockquote>


thanks
 
[quote author="norcaljeff" date=1238759328]I think buying RE in Vegas these days is gambling.</blockquote>
depends on the price you pay and the location.
 
[quote author="skek" date=1238650007]True story -- I overheard a woman talking to her friend about a recent family vacation to Vegas. When asked why she took her family there, her response was "that way the kids got to see the Eiffel Tower and the pyramids, all in one trip!"</blockquote>
Too funny. There's a "You might be a redneck" joke in there somewhere. ;)
 
[quote author="usctrojanman29" date=1238759707][quote author="norcaljeff" date=1238759328]I think buying RE in Vegas these days is gambling.</blockquote>
depends on the price you pay and the location.</blockquote>


Just like the IE, there are several areas in LV that are at or below rental parity and cost less than the original construction cost even if the land was free. Further price drops would be considered an "over correction". This over correction can and will occur but won't affect the fundamentals of the investment. The towers on the strip have MUCH further to drop.
 
[quote author="usctrojanman29" date=1238759707][quote author="norcaljeff" date=1238759328]I think buying RE in Vegas these days is gambling.</blockquote>
depends on the price you pay and the location.</blockquote>


Do you have any zip codes to recommend? With income taxes going up in this state, I need to start looking for a new residence.
 
[quote author="norcaljeff" date=1240235000][quote author="usctrojanman29" date=1238759707][quote author="norcaljeff" date=1238759328]I think buying RE in Vegas these days is gambling.</blockquote>
depends on the price you pay and the location.</blockquote>


Do you have any zip codes to recommend? With income taxes going up in this state, I need to start looking for a new residence.</blockquote>
89144, 89135, 89138, and 89134 are Summerlin (masterplan community like Irvine....www.summerlin.com) in the Northwest by Red Rock Casino is probably the nicest part of Vegas. Anthem in Henderson is also a nice area...89044 and 89052. Prices should be below $100/sf in these areas. PM me if you want me to send you some Vegas MLS listings.
 
<a href="http://money.cnn.com/2009/04/22/real_estate/foreclosures_msa/index.htm?postversion=2009042209">Vegas is now the top foreclosure city </a>
 
[quote author="norcaljeff" date=1240575657]<a href="http://money.cnn.com/2009/04/22/real_estate/foreclosures_msa/index.htm?postversion=2009042209">Vegas is now the top foreclosure city </a></blockquote>
Not surprising at all since they build and sold THOUSANDS of homes in iffy locations and you had investors camping out overnight to buy into these new developments. Summerlin/Anthem will always trade at a higher premium to other parts of Vegas just like Irvine will always trade at a premium to most other parts of OC.
 
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