THE LAS VEGAS REAL ESTATE INVESTMENT GUIDE FOR

CANADIANS

Your Gateway into the City’s Local Market

24/7 Real Estatewww.247realestate.com

According to the National Association of Realtors' Field Guide to Foreign Investment

Trends in the U.S., “cross-border investment is expected to accelerate as domestic

investors seek high returns abroad and foreign investors take advantage of a

weakened dollar” (REALTOR.org, July, 2015). Over the past few years, the U.S. real

estate market has provided foreign investors the chance to maintain leverage and

benefit from high profit gains. If there is one city that is creating a buzz among global

investors today, that city is Los Vegas.

When considering opportunities for real estate investment, Las Vegas has become the

number one city for Canadians looking for their second home (realtor.com). Whether

you are new to the investment process, or have already experienced the roller coaster

ride of opportunities in the city's latest housing scene, this guide is meant to answer

and address some of the common questions investors stumble upon on their quest to

break into the latest housing market.

I. Introduction

The concept of investing overseas has always sparked an interest for domestic and

international business people looking to increase their marginal gains and revenue

returns. If there's one thing that most of us envision for ourselves, it's to own a yacht

and a summer home with a view overlooking a body of water and beautiful landscape.

For many foreign property investors, the American dream of owning a summer home

is more than just a fantasy—it has turned into a tangible reality.

When R.J. Palano, one of America's leading domestic real estate investors, went on a

quest to find his ideal home, he concluded that “all you need to be is innovative and

keep good connections...[and] have good knowledge about the laws of the place”

(Palano, July 2015).

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With 24/7 Real Estate local professionals there to guide you on every step of the

investment process, finding that dream home has become as simple as purchasing a

Mercedes-Benz at your local car dealership.

From flipping houses to renting out properties—the sky's the limit for those who want

to dive deep and take advantage of everything the market has to o�er.

Whether you are a real estate investor by profession or are new to the property

roulette game and are looking to pick up a new hobby, it is crucial to understand the

language and basics of real estate investing, and know which real estate markets and

resources to consider before taking the steps towards your first or next transaction.

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II. Vegas Tops the Charts

Considered to be one of the top destinations for travel enthusiasts and gambling

extraordinaires, Las Vegas, Nevada, has become the home to America's growing

cultural enlightenment and the hub for new housing developments.

From the Vegas strip consisting of fancy hotels and some of the world's most famous

casinos and resorts, to its wide range of venues for entertainment, the city has a lot to

o�er tourists and residents who are looking for more than just the typical sight-seeing

experience.

With states like California, Arizona, Utah, and Oregon neighboring its border, Nevada’s

convenient geographic desert location and ideally dry weather have turned it into a

prime attraction for investors looking to make a breakthrough in the market. In fact,

new housing developments are constantly on the rise in Vegas, so much that the

“median sales price of last month's closings was $320,184, up 7 percent from a year

earlier,” according to Vegas Inc's report on the city's increasing home sales (Segall,

Vegas Inc, October 2015), making it the top city for Canadians looking to invest in U.S.

real estate (realtor.com).

III. Why Vegas?

When considering all the options for property investment, the World Property

Journal’s report on Canada Top Global Investor in U.S. Commercial Properties in 2014,

quotes that the main reasons for the country’s attraction towards the U.S. market is

due to the “opportunities for value creation, healthy cash flows and favorable

risk-adjusted returns” that it presents (WPJ, February 2015). In the context of the Los

Vegas real estate market, these reasons are justified through the city’s wide range of

vastly growing financial and economic opportunities.

Originally known for its presumptuous lifestyle and ability to attract people looking

for an escape from reality, Los Vegas has always been a prime attraction for people

from all over the world. Whether you’re planning for retirement or are simply looking

to catch a good deal on a housing project, Las Vegas is quite the catch for global

investors looking to find the best opportunity in the market.

With 56% of Canadians seeing real estate investing in Las Vegas as both a profitable

and secure investment, the city presents a number of great opportunities for investors

looking to make a breakthrough in the U.S. real estate market (realtor.com).

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IV. Why Now is the Time to Invest in Vegas

With its influx of tourism and ongoing migration of young professionals and families

worldwide, Vegas presents a melting pot of opportunities for the investor looking for

the latest housing options. As a result of the nation’s recent recession, Los Vegas is a

market that is known to be “getting back on its feet again,” and has paved the way for

the city’s recent peaks in home prices (Olick, CNBC, October, 2015).

What was once trademarked for its red light district and extravagant lifestyle, Los

Vegas has turned into a magnet for developers and investors looking to make a

breakthrough in the industry, while the timing is still right.

With its wide range of mortgage and loan options, Canadians can now easily get

mortgages in the U.S. in order to purchase homes in Los Vegas and maintain long

term leverage (realtor.com). 82% of Canadians that purchase homes in Vegas pay in

cash (realtor.com), providing investors a chance to pave the way for high returns in

the future.

If you’re looking for reasons more than just the obvious, check out our list below:

• Great Weather

• High Demand for Housing

• Prime attraction for people from all over the world

• High Return on Investments due to limited housing supply and high rental costs

• Wide range of mortgage and loan options to ensure leverage

V. Why 24/7 Real Estate?

As R.J. Palano once said, “I so wished I could have this one person whom I could trust

blindly and feel secure” throughout the investment process (Palano, July 2015).

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24/7 Real Estate is your local property consultant and concierge, providing you with

all the tools, resources, and expertise in order for you to make the best investment

decision.

Whether you’re interested in buying, or simply looking to inquire about the latest

deals, we’ve got a team of local professionals who are here to cater to your specific

needs, aspirations, and financial capacities all throughout the search.

From local lawyers, brokers, and appraisers who can analyze market trends and

dynamics, and have a deep understanding of taxation policies and mortgage options,

24/7 Real Estate is here to assist you with any obstacles that may come with investing

in real estate in Vegas.

The Importance of Real Estate Professionals

In today’s complex real estate market, there is a growing necessity to turn to real

estate professionals who understand the local market dynamics. With a high turnover

of competition and inaccurate online listings, buyers continue to seek the help of

realtors for “expert advice and assistance in navigating today’s fast-moving housing

market” (REALTOR.org, November 2015). Local professionals have all the resources in

hand to make sure you make the best investment decision.

Some of the benefits include:

• Access into wide range of local property listings and resources

• Assistance with narrowing down and locating properties according to your needs

• Highly trained sta� that understand the market dynamics, and can explain various

market trends in order for you to make the best investment decision

• Access to a wide range of local resources that saves you the hassle of locating them

on your own

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24/7 Real Estate is your local property consultant and concierge, providing you with

all the tools, resources, and expertise in order for you to make the best investment

decision.

How it Works

Interested in inquiring about the latest housing project or receiving professional

advice about the market in Vegas? With 24/7 Real Estate, our highly trained sta� is

here to guide you on every step of the way to make sure you find the best property

deal in the market!

From the beginning stages of locating and screening the properties, to negotiating

sales agreements in order to ensure a smooth transaction, let us explore the

opportunities together, and allow us to guide you towards that summer home with a

breathtaking view!

Call now and have one of our local representatives take you on a journey through the

vastly growing Los Vegas real estate market!

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