The two basic principles for investing in real estate are cash flow and appreciation. Some investors lean towards creating more cash flow, some favor appreciation, but most try to find properties that have some blend of the two that they feel comfortable with.
Las Vegas has been a hot investment market over the past few years as home values dropped dramatically from their peak in the mid 2000’s. However, just in the last year prices have increased between 15-30% but we’re still well below the height of the market.
Nestled in the foothills and ridges on the western rim of the Las Vegas Valley, adjacent to the internationally renowned Red Rock Canyon National Conservation Area, is the 22,500-acre master-planned community called Summerlin that offers open spaces, glistening views of the Las Vegas Strip and the most diverse collection of housing options in Southern Nevada.
Summerlin is home to more than two-dozen schools, including 14 nationally-recognized private schools and 12 public schools, half of which are ranked five-star by Clark County School District. Several colleges and specialized higher education facilities are also located in the community, ensuring learning opportunities for residents of all ages. The community’s many educational amenities have a well-established track record of academic accomplishments, athletic victories and cultural accolades. Simply put, Summerlin is the smartest address in town.
Rice Real Estate & Las Vegas Property Management
Rice Real Estate is a full service residential real estate brokerage offering worry-free rental property management in Las Vegas, Green Valley Ranch, Seven Hills, Silverado Ranch, Southern Highlands, Mountains Edge, Summerlin and Henderson. Through our extensive network of renters and state of the art marketing techniques we strive to exceed your expectations. We are committed to upholding professional ethics and standards.
Our team provides not only professional management, but also common sense and personalized service at competitive rates – the cornerstone of our long success in the business. Broker & Lead Property Manager Heidi Rice has been managing rental properties since 2001 and manages all properties as if they were her own. Rice Real Estate is known as one of the best Las Vegas Property Management companies….just read our reviews here!