Las Vegas is primed to be the next multifamily rental hotspot for real estate investors. But does it live up to the hype? The following post from Investar USA discusses the reasons why Las Vegas is an attractive prospect for smart multifamily investment. Investar USA is currently focused on real estate investment in the Southwestern U.S.
Are you considering investing in Las Vegas property? The current population statistics may cause you to look more closely at this strategy. 2020 may be a great time to invest in single-family or multifamily rental property, because people are flooding to Sin City!
The projected population growth rate for Las Vegas is higher than the growth rate nationally. According to statistics from the U.S. Census Bureau, between the years 2012 and 2016, the net migration to Las Vegas was nearly 6.5 percent. Here are a few reasons why people are flocking to Las Vegas.

Job Growth

While construction has usually been a healthy industry in Las Vegas, new residential and commercial buildings are consistently being planned, necessitating a greater-than-usual volume of workers. Additionally, entrepreneurship is thriving in Las Vegas, and new businesses are being created at a higher speed than the national average.

Job Diversity

While job growth is essential in any attractive multifamily rental market, it must go hand-in-hand with job diversity. Las Vegas has always offered abundant jobs in the hospitality, construction, and entertainment sectors, but employment reports are indicating that new jobs in healthcare and education are also being created, and professionals in the tech industry are in mounting demand.

Higher Quality of Life

People are not moving to Las Vegas simply for its employment prospects and proximity to casinos; Las Vegas offers an improved quality of life over comparably populated cities. Although Las Vegas is famous for its thrilling nightlife, there are also family-friendly markets, with parks and thriving suburban communities.
The cost of living is also low in Las Vegas, relative to the services it offers. While the suburbs are a little pricier than the city, it is still far more affordable than other metropolitan areas, namely in terms of healthcare, groceries, transportation, and utilities.
Smart investors will want to investigate their options sooner rather than later, since the market is becoming increasingly competitive. Whether you invest in single-family or multifamily rentals, the forecasts for Las Vegas residential real estate are excellent.
Investar USA is a real estate investment firm, specializing in revitalizing properties in the Southwestern United States.

Investar USA: How a Change in the Economic Climate May Affect Real Estate Investors

Trying to keep up with the economy from one day to the next is a lot like trying to keep up with the wind. The economy may be high one day and low the next, and understandably, this may make you feel unsettled as an investor in Alberta, Canada. The good news? Overall, real estate is still a promising area to invest in, according to the experts at Investar USA. Still, you should be aware of how economic changes could affect your returns, which we’ll take a look at here .

The first potential economic change worth exploring is a dip in the economy. The reality is, real estate, which the stock market impacts, is a cyclical area of the economy. As a result, even though the economy may be relatively strong right now in North America, it could contract in the coming years if a global recession strikes. So, what does this mean for investors in Canada? It means that existing commercial real estate’s performance may experience some downward pressure.

Second, you may see the interest rate rise in the future, and this could have an adverse impact on the commercial real estate market. Why? Because even though a rising interest rate may signal a growing economy, a sudden rate hike could make it harder for people to obtain capital for property development. As a result, real estate building efforts may come to a haltslow down.

Because the economy is so unstableebbs and flows over time, the smartest move you can make as a real estate investor is to diversify your real estate investmentsnot be overleveraged and lock in low the interest rates that are available today for as long as possible . In other words, invest in various types of commercial properties.Succesful real estate investing is all about keeping things simple. Invest in an asset class you are comfortable with, buy and hold for the long term and have someone else payoff your mortgage. This will enable you to enjoy real estate’s anticipated steady growth in the future while also more easily withstanding any economic bumps that might affect the market down the road.

Investar USA: Is There Opportunity in Opportunity Zones?

Are you looking to take your real estate investing venture to another level? Or, are you simply trying to get your real estate business on the map? It may be worth your while to look into the opportunities that come with Opportunity Zones, which are capturing the attention of many investors in United States today, according to Investar USA. Let’s take a look at what these zones are and how you can take advantage of them.

The purpose of Qualified Opportunity Zones is to encourage investment, development and job creation in economically distressed communities.

The Opportunity Zone designation is spelled out in the Tax Cuts and Jobs Act from 2017. Since this law passed, you can find Opportunity Zones in all areas of the United States. In fact, there are over 8,700 of these zones in America.

If you choose to invest in an opportunity zone, you must agree to follow the rules associated with investing in these qualified zones. But don’t worry -- your willingness to comply with these rules will yield some rewards. Specifically, you’ll be able to take advantage of major incentives related to the capital gains tax both immediately and long term.

Whenever you divest real estate, you generally have to pay capital gains tax on your earnings. However, if you divest a property in an opportunity zone and then place this capital gains in an Opportunity Fund, you can reduce and defer your tax liability associated with that gain. In addition, you don’t have to pay taxes on any appreciation you earn in the future through this fund.

Thanks to these incentives, you save money at tax time when you become an Opportunity Fund investor. For this reason, investing in Opportunity Zones may be one of the smartest financial moves you can make this year and in the years ahead.

Investar USA: The Current Pros and Cons of Real Estate Investing

As an investor, you’re naturally passionate about making money in the most efficient and effective way possible. That’s why you’re drawn to real estate, an area that plays a critical part in the economy of Alberta, Canada. But is it truly a great area to invest in? Here’s a rundown on the opportunities that real estate currently presents, as well as the challenges that come with this area of the economy, according to leading real estate company Investar USA.

The economy of Canada has been doing fairly well since it suffered a crash in the second quarter of 2016. At that time, it experienced its worst gross domestic product in seven years. However, these days, experts say that Canada’s economy is in a much better position. The economy experienced excellent growth during the second quarter of 2019, expanding nearly 4%. In addition, all of this happened in spite of the rocky economic environment worldwide. All of this means potentially new business opportunities in Canada, which means a greater demand for properties.

Real estate investment trusts, or REITs, are especially popular at the moment. These organizations, which are professionally managed, buy and manage commercial properties with the goal of generating for investors equity appreciation and cash flow. REITs are in such great demand because they require relatively low minimum investments and shares are easy to buy and sell. This has encouraged many average investors to finally get into the real estate market.

Of course, the challenge with real estate right now is that if a recession happens in the near future, this could cause the demand for properties to decrease. This can have an especially adverse effect on investors who have poured their money into areas of the nation that are more heavily hit by the economic downturn.

Nonetheless, compared with other areas that you could choose to invest in, real estate offers a great deal of potential. Thus, the property market remains an extremely attractive and prudent option for serious investors both now and in the years ahead.

Types on investments, REIT’s typically spread their holdings over several regions of the Country. This hedges the investors risk over many assets and locations as typically the economies of individual regions are different.

Investar USA: What Does “Workforce Housing” Mean?

Amid talks that a global recession is on the way -- and the fact that Alberta, Canada is currently experiencing a tough economic environment -- you may understandably be wondering what the best place to invest your money is. Specifically, in real estate, should you target commercial properties, or should you focus on workforce housing? Savvy investors today are sticking with the latter, according to Investar USA. Not sure exactly what this type of housing is? Here’s a primer on workforce housing and what this type of multifamily housing has to offer the modern investor.

The idea of workforce housing today stems from past efforts to provide workers at luxurious resort communities with housing. This was done years ago because these workers otherwise would not have been able to afford to reside in their employers’ towns in light of the huge disparity between housing costs and income.

A common misnomer, though, is that this type of housing is essentially “affordable housing.” The truth is, to be more accurate, you should call workforce housing “housing that happens to be affordable.” That’s because it doesn’t target members of the lower class; rather, it caters to many middle-class..

The challenge with investing in workforce housing is that renters might not be able to absorb increases in rent during an economic downturn. After all, over 33% of modern workers are paying rents that take up nearly a third of their incomes. In addition, during a recession, the demand for housing will decline. Still, compared with other types of real estate assets, workforce housing should do relatively well considering the circumstances.

In light of this, many institutional investors have been focused on investing in workforce housing. If you’re interested in keeping your bottom line strong in the years ahead, no matter how well or poorly the economy performs, it may be in your best interest to follow suit.

Investar USA: What Does “Workforce Housing” Mean?

Amid talks that a global recession is on the way -- one that may ultimately affectand the fact that Alberta, Canada is currently experiencing a tough economic environment -- you may understandably be wondering what the best place to invest your money is. Specifically, in real estate, should you target office commercial properties, or should you focus on workforce housing? Savvy investors today are sticking with the latter, according to the experts at Investar USA. Not sure exactly what this type of housing is? Here’s a primer on workforce housing and what this type of multifamily housing has to offer the modern investor.

The idea of workforce housing today stems from past efforts to provide workers at luxurious resort communities with housing. This was done years ago because these workers otherwise would not have been able to afford to reside in their employers’ towns in light of the huge disparity between housing costs and income.

A common misnomer, though, is that this type of housing is essentially “affordable housing.” The truth is, to be more accurate, you should call workforce housing “housing that happens to be affordable.” That’s because it doesn’t target members of the lower class; rather, it caters to many middle-class. professionals.

The challenge with investing in workforce housing is that renters might not be able to absorb increases in rent during an economic downturn. After all, even with the economy growing today, over 33% of modern workers are paying rents that take up nearly a third of their incomes. In addition, during a recession, which experts say will happen soon, the demand for housing will decline. Still, compared with other types of real estate assets, workforce housing should do relatively well considering the circumstances.

In light of this, many institutional investors have been focused on investing in workforce housing. If you’re interested in keeping your bottom line strong in the years ahead, no matter how well or poorly the economy performs, it may be in your best interest to follow suit.

Investar USA: Las Vegas May be the Next Hot Multifamily Market

With abundant new construction, job opportunities increasing, and luxury living accommodations developing at an exhausting pace, the Las Vegas market is ripe for affordable multifamily housing. In the following article, the team from Investar USA suggests that Las Vegas workforce housing may offer excellent investment opportunities for both individual and institutional investors. Investar USA is a real estate development and management leader, specializing in commercial and residential properties.
As the local economy flourishes and workers of all skill levels become increasingly needed, workforce multifamily residences in Las Vegas are becoming ever more sought-after. Investors who want to take advantage of long-term potential as new developments take shape could reap significant rewards in the long term. A few prominent projects include:

• • Symphony Park residential buildings. These high-end residences and commercial spaces will accommodate 324 luxury apartments. The buildings' proximity to The Smith Center for the Performing Arts are likely to make the development a highly desirable property.

• Circa Hotel and Resort. This development will be Downtown Las Vegas's first casino in more than 20 years, opening on Fremont Street in 2020. Completion of the resort will require the participation of more than 1,500 skilled workers.

• Viva Vision light show. Another Fremont Street attraction, the Viva Vision light show canopy will undergo a $32 million renovation, adding additional exciting features to an already spectacular installation. First unveiled in 1995, this light show features the largest standalone video screen in the world. The upgrade will intensify the brightness of the display by a factor of seven, and new LED technology will allow the display to be shown during the day.

With existing and announced construction projects creating fantastic opportunities, now may be the time to seriously consider how multifamily housing investments may pay solid dividends for years to come.
Investar USA has been a Phoenix, Arizona real estate mainstay for more than 30 years, offering solid property investment opportunities for both private and corporate investors.