Las Vegas Real Estate

Note: If you want to learn more about the analytics and process of investing, check out my Real Estate Training Series. I believe this series contains most of what you need to know in order to successfully invest and there is no registration, no books to buy, no classes to attend, no "secrets". Just the lessons I learned owning more than 30 investment properties.

The most important step in successful real estate investing is buying the right property. If you buy the wrong property, it is very hard to turn it around. Why doesn’t every investor buy "good" properties? They would if they knew how, had the processes, time and the right information upon which to base their investment decisions. Without these critical elements, it is very hard to consistently make good investments. One of the key values I bring my clients is are the processes and analytics as well as a short list of properties. With a short list of properties it is relatively easy to choose the ones that make sense for your specific goals. Below is a brief overview of how I select good investment properties.

Based on my personal experience as an investor, my background in math and finance and constantly working with investor

clients, I know what the critical characteristics of a good investment are. Based on this knowledge and a lot of research and trials and errors, I developed software that eliminates properties that do not have these characteristics. The diagram at left illustrates the process. Basically, I feed hundreds or thousands of properties into a computer program that I developed. The software processes all these properties through a series of filters. After eliminating all that can be eliminated through basic filters it then performs a series of calculations on each property. These calculations further eliminate properties based on factors such as estimated rent to purchase price and other such ratios. When the software has eliminated all properties that do not have the essential characteristics, it then filters out properties that do not match an individual client’s requirements such as maximum purchase price, location or type.

The numbers of properties that remain are relatively small. I then personally sift through these and eliminate more of the properties based on my knowledge of the areas and other criteria. What is left is uploaded into a special area of my website where my clients can view these properties. Want to see samples of such properties?

Who wrote the software? I did.
Can I buy this software? No, it is not for sale.
Can you handle condos as well as single family? Yes, condos, townhouses and single family. My software does not handle multi-family properties at this time.
How accurate is the information the software provides (especially the estimated rent)? The calculations have proven to be very accurate provided that they are balanced with common sense. This need for common sense is why I have a process for validating the critical elements with a third party during the due diligence period which is described in The Investment Process.

If you are interested in learning more about what I can do for you, please contact me. You will be glad you did.