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Why Las Vegas?

Why Las Vegas?. Why Las Vegas?. Homes at 1990’s Prices. Median Vegas Home Prices. Median prices below 2000 values. Condos and townhomes are an especially good value. Investing in Multiple Economies. Exponentialize returns from multiple economies in multiple currencies.

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Why Las Vegas?

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  1. Why Las Vegas?

  2. Why Las Vegas? Homes at 1990’s Prices

  3. Median Vegas Home Prices Median prices below 2000 values. Condos and townhomes are an especially good value.

  4. Investing in Multiple Economies • Exponentialize returns from multiple economies in multiple currencies. • Take advantage of economic differences. • Time economic swings. • Time real estate cycles. • Brisbane historically booms after Sydney. • Vegas historically booms after LA. • Perth and LA are typically boom/bust cycles.

  5. Investing in Multiple Currencies Currency Advantages: A small difference in exchange rates can exponentialize profits eg: USD100,000 buy at AUD0.9 = AUD111,110 USD150,000 sale at AUD0.8 = AUD187,500 USD 50,000 profit                 = AUD  76,390 THIS IS A 50% ADDITIONAL PROFIT FROM A SMALL EXCHANGE RATE DIFFERENCE.

  6. AUD – USD Exchange Rates Historically favourable rates today. Wholesale rates available through Ozforex.

  7. Why Las Vegas? • Path of Progress: • Immigration/Migration hub • Rebounding economy • Terminal 3 International Airport • Linq Project • Switch – Data Storage facility • SLS Las Vegas Hotel & Casino • Downtown Project

  8. Downtown Project: • $350 Million Invested Downtown Vegas • - $200 Million Real Estate • - $50 Million Small Business • - $50 Million Education • - $50 Million Tech Start Ups • 60 Tech Start-Ups • 21 Small Businesses • Container Park • 9th Bridge School

  9. Tony Hsieh’s Downtown Project Click for YouTube Video on Downtown Project This Man is Changing Lives. His Goal? A Creative, Passionate Community of Artists, Designers, Technologists, and Entrepreneurs Living and Working in one Communal Space. Higher density living breeds energy, creativity, and ideas.

  10. Why Las Vegas? Invest for your Children • Consider the cost of a starter home in 2020. • Vegas is a stepping stone to Australian home ownership for today's youth,  Gen Y and Gen Global. • Have a kid, buy a USA property. • Purchase for, with, or on behalf of your children. Vegas offers the cash flow and growth to fund this future purchase.

  11. Why Las Vegas? • Climate: • No hurricanes • No tornadoes • No snow • Very little rain • No floods • Very few earthquakes

  12. Why Las Vegas? • Vegas is its own brand: • Entertainment Capital of the World • Largest number of hotel rooms in the world • 42 million visitors per year with an average stay of 2 nights • No 1 retirement destination in the USA • No 1 convention destination in the USA • 8 Cirque du Soleil shows • 37 local golf courses • Second chance capital of the world!

  13. Vegas Statistics • Median age 35.9 • Job growth rate 1.9% • Unemployment rate 8.8% • Homeownership rate 55.7% • Population growth rate 2.1% • 2,000,000 permanent residents • Foreign-born residents 22.3% • Median household income $46,234 • Median rent price $964/month

  14. Vegas Statistics Demographic breakdown by Income:

  15. Vegas Statistics Tenant Demographics: Totals will not equal 100% since people may identify with more than one race.

  16. Choosing a Property • Focus on: • Urban renewal • Non-financeable properties • Square footage • Proximity to 215, 95, I-15, and Desert Inn • View of the Strip, water, mountains, or golf courses • Shopping hub access, such as Bocca Park and the District

  17. Choosing a Property • In 2014: • Avoid typical starter homes. • Buy in Urban Renewal locations Downtown and by the University. • Focus on cheap condos and townhomes. • Focus on exceptional family homes in A+ locations. • Focus on luxury homes between $750,000 - $2 million.

  18. Why Las Vegas? Value Predictability

  19. Why Las Vegas? Rental returns examples: AddressPurchaseRent/mYield Ardmore $45,000 $650 17.3% Verdy $65,000 $650 12.0% Dorothy $70,000 $1000 15.0% Jessica $72,500 $600 9.9% Knollwood $75,000 $875 14.0% Biltmore $80,000 $834 14.0% Pera Circle $100,000 $1000 12.0%

  20. Why Las Vegas? Rental returns examples: AddressPurchaseRent/mYield Vista Largo $130,000 $1050 9.4% Country Pines $134,900 $1095 9.7% Palmyra $156,000 $1200 9.2% Marigny $165,000 $1200 9.2% Santiago $200,000 $1850 11.1% Trooper $217,000 $1795 9.9% Thunder River $232,000 $2100 10.8%

  21. How to Purchase • Cash • Financing – in Australia – in USA • SMSF • Company/Trust Structures

  22. Tax Rates Taxable Income Brackets and Rates: Rate Single Filers Married Joint Filers Head of Household 10% $0 - $9,075 $0 - $18,150 $0 - $12,950 15% $9,076 - $36,900 $18,151 - $73,800 $12,951 - $49,400 25% $36,901 - $89,350 $73,801 - $148,850 $49,401 - $127,550 28% $89,351 - $186,350 $148,851 - $226,850 $127,551 - $206,600 33% $186,351 - $405,100 $226,851 - $405,100 $206,601 - $405,100 35% $405,101 - 406,750 $405,101 - 457,600 $405,101 - $432,200 39.6% $406,751+ $457,601+ $432,201+ Property held short term (less than 12 months) taxed as ordinary income. Property held long term (over 12 months) taxed 0% for 0% - 15% brackets. 15% for 25% - 35% brackets. 20% for 39.6% bracket.

  23. Tax Rates US Tax Rates for C-Corps: Income Range: Tax Rate: of $ over: $0-$50,000 15% $0 $50,000-75,000 $7,500 + 25% $50,000 $75,000-100,000 $13,750 + 34% $75,000 $100,000-335,000 $22,250 + 39% $100,000 $335,000-10,000,000 $113,900 + 34% $335,000 $10,000,000-15,000,000 $3,400,000 + 35% $10,000,000 $15,000,000-18,333,333 $5,150,000 + 38% $15,000,000 $18,333,333 and up 35% $0 All property taxed as regular income for C - Corps.

  24. Local Market, Global Perspective • Your Complete USA Property Investment Service • 16 years in Vegas • Australian raised • 20 years Investment experience • Your Trusted Team on the Ground

  25. Your Complete USA Property Investment Service • Why Use Us? Our Services Include: • Property market education, selection, purchase • Property renovation and preparation • Property management • Client set-up: ITIN number, bank accounts, foreign exchange, structure, tax preparation, mail forwarding, SMSF compliance, regular communication, annual performance update • Dropbox document storage system • Eventual resale

  26. Your Complete USA Property Investment Service • Why Use Us? Cost: • We are a team of Nevada Licensed Realtors. • We are paid on commission by the property Seller, not the Buyer. • Commissions are typically 2-3% of the sale price. • We have a minimum commission per transaction, topped up by the buyer if the gross commission does not cover this minimum.

  27. Your Complete USA Property Investment Service • Why Use Us? • We specialise in creating positively geared US Property Portfolios for international clients living or working around the globe. • Steve’s background has resulted in a special emphasis being placed on Australians, entertainers, and Cirque du Soleil artists, crew, and managers. • We have clients from 56 countries to date.

  28. Steve Bland Certified International Property Specialist Keller Williams Southern Nevada Steve@USPropertyMadeEasy.com Cell: +1-702-443-1303 Office: +1-702-751-7071 Skype: Steve.Bland Sria Chen Steve Bland Group ManagerSria@USPropertyMadeEasy.com Cell: +1-702-506-8783

  29. Downtown Project Andy Regina Stella and Sam Sue Yuliya Hope Insurance

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