The majority of the investment properties that we help our clients acquire are class A properties - single family homes in desirable neighborhoods that provide balanced cash flow and probable appreciation.
While you would never buy an investment property only for appreciation, appreciation is very desirable and important for market adaption (reinvest equity or accommodate market changes). We estimated current market value for our clients properties and below is a portion from the report. (Note that the street numbers are left off and the purchase price changed slightly for privacy reasons.)
Some interesting observations:
- Those acquired in 2011 did very well (2011 is when the market bottomed in Las Vegas).
- Those acquired through short sales (end of 2012 and early 2013) did well too (short sales were the primary type of transactions in the Las Vegas market during 2012 and 2013).
- When market is up, those in prime locations (for example, Asti and Kachina) out perform the others.
|Address||Purchase Price||Purchase Date||Est. Value||Gain %|