Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Las Vegas Lifestyle Discussion of all things Las Vegas. Ask questions about hotels/shows/etc., coordinate meetups with other 2+2ers and post Las Vegas trip reports.

Reply
 
Thread Tools Display Modes
Old 03-03-2019, 11:44 AM   #26
golddog
adept
 
golddog's Avatar
 
Join Date: Feb 2013
Location: In the beer line
Posts: 1,093
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Bdywax View Post
Oh yeah, why do you want to leave Denver? Damn I miss living there.
This. If you're going to invest and decide real estate is the way to go, buy in Denver, not LV.
golddog is online now   Reply With Quote
Old 03-03-2019, 12:11 PM   #27
augie_
missed out on bitcoin
 
augie_'s Avatar
 
Join Date: Dec 2003
Location: Springfield, IL
Posts: 21,629
Re: Buying Condo in Vegas, looking for rec's

you gotta be a BALLA to live in denver. it's the NYC of the rockies
augie_ is offline   Reply With Quote
Old 03-03-2019, 12:20 PM   #28
Bdywax
old hand
 
Join Date: Jun 2011
Location: Dante's seventh level of hell
Posts: 1,248
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by augie_ View Post
you gotta be a BALLA to live in denver. it's the NYC of the rockies
I donít disagree to some extent, but the guy is looking at buying an investment property. So I would assume cash flow or assets is not a problem. Meaning he can afford Denver.
Bdywax is offline   Reply With Quote
Old 03-03-2019, 04:24 PM   #29
pig4bill
Carpal \'Tunnel
 
Join Date: Dec 2005
Posts: 28,445
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by MikeStarr View Post
lol
So if you're at a poker table and 8 players tell you nobody can win at poker, and 1 player says you can, what does that tell you? That you've been listening to losers and ignoring the winners.
pig4bill is offline   Reply With Quote
Old 03-03-2019, 04:31 PM   #30
pig4bill
Carpal \'Tunnel
 
Join Date: Dec 2005
Posts: 28,445
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Bdywax View Post
Oh yeah, why do you want to leave Denver? Damn I miss living there.
Maybe he's tired of the crappy weather.
pig4bill is offline   Reply With Quote
Old 03-03-2019, 07:42 PM   #31
MikeStarr
Carpal \'Tunnel
 
Join Date: Jan 2016
Posts: 7,237
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by pig4bill View Post
So if you're at a poker table and 8 players tell you nobody can win at poker, and 1 player says you can, what does that tell you? That you've been listening to losers and ignoring the winners.
That's a horrible analogy.
MikeStarr is offline   Reply With Quote
Old 03-04-2019, 10:46 AM   #32
Bdywax
old hand
 
Join Date: Jun 2011
Location: Dante's seventh level of hell
Posts: 1,248
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by pig4bill View Post
Maybe he's tired of the crappy weather.
lol. Obviously you have never lived in Denver. The weather there is amazing.
Bdywax is offline   Reply With Quote
Old 03-04-2019, 04:18 PM   #33
Punker
Carpal \'Tunnel
 
Punker's Avatar
 
Join Date: Jan 2003
Location: McJesus saves
Posts: 7,321
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by jim88hk View Post
However, I also have the view that itís not a good time for investment properties in LV; lots of supplies IMO.
While I don't claim to understand the LV real estate market, this sentence doesn't make sense to me. When supply is high, prices must be depressed, meaning if you can handle the short term cost, and you believe that the demand will rebound, it's the perfect time to buy. When there's no supply and prices are inflated certainly can't be the ideal time to invest.
Punker is offline   Reply With Quote
Old 03-05-2019, 08:08 AM   #34
jim88hk
stranger
 
Join Date: Sep 2017
Posts: 12
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Punker View Post
While I don't claim to understand the LV real estate market, this sentence doesn't make sense to me. When supply is high, prices must be depressed, meaning if you can handle the short term cost, and you believe that the demand will rebound, it's the perfect time to buy. When there's no supply and prices are inflated certainly can't be the ideal time to invest.


The prices havenít come down yet in LV while lots of supplies still out there; thatís just my view of course.


Sent from my iPhone using Tapatalk
jim88hk is offline   Reply With Quote
Old 03-05-2019, 08:19 AM   #35
jim88hk
stranger
 
Join Date: Sep 2017
Posts: 12
Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Gzesh View Post

Poker in Green Valley is pretty limited to Green Valley Ranch. OTOH, it is NOT a difficult drive to places to play on the Strip, if you know good routes. At night, it is pretty easy going, and wide open going back.

Green Valley is a nice, pretty suburban-type place to live. Its strong suit is stand-alone single family houses, not urban condo living. If you want a nice house, in a good neighborhood where you can chill by your pool when not playing poker, GV is an excellent choice. The Strip is generally about 15 - 20 minutes away.

.

The Green Valley area is pretty convenient and also very close to the airport if you plan on flying in and out. With some back roads you can get to the Strip fairly easily; usually takes me about 20 mins from MacDonald Highlands area to the Cosmo.

Poker at GVR can be slow and also you have to be OK taking money from 70 year olds; but then itís really a quick drive to the Strip if you prefer a more lively environment.



Sent from my iPhone using Tapatalk
jim88hk is offline   Reply With Quote
Old 03-06-2019, 06:03 PM   #36
LasVegasRounder
banned
 
Join Date: Feb 2019
Location: On the felt
Posts: 32
Re: Buying Condo in Vegas, looking for rec's

I wouldn't invest a penny in LV real estate, regardless of the price. If long-term water supply concerns start getting priced into RE values, the bottom may drop out of their local market and it could happen at any time-- depends on what data is released, by whom, and how widely disseminated that information gets
LasVegasRounder is offline   Reply With Quote
Old 03-06-2019, 08:08 PM   #37
DefNotRsigley
Carpal \'Tunnel
 
Join Date: Sep 2013
Posts: 6,995
Re: Buying Condo in Vegas, looking for rec's

I'd say avoid if you're going for an investment opportunity. I just unloaded my last condo in Vegas and was lucky to get my asking price.

I bought several during the big crash for cheap and added on two since then. While profitable, it wasn't worth the hassle. My HOA fees have tripled in all but one of them in the last couple of years and I've had a string of really bad Air BNB guests.

When the stadium was announced I was able to unload a couple quickly, but then the rest just sat. While there's a lot of supply and not much demand the prices have been increasing not dropping. Everyone thinks their property is worth more due to the mini Vegas revival of the last couple years.

If you just want a place to stay during vacation you might want to check out the Meridian. It's reasonably priced and located near the Tuscany Suites casino (about a mile walk to the strip). I was able to find a decent amount of long term renters for it too. It didn't really do well on places like AirBNB

Last edited by DefNotRsigley; 03-06-2019 at 08:20 PM.
DefNotRsigley is offline   Reply With Quote
Old 03-07-2019, 03:33 AM   #38
Guy Incognito
old hand
 
Guy Incognito's Avatar
 
Join Date: Jan 2005
Location: LAS
Posts: 1,372
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by DefNotRsigley View Post

I bought several during the big crash for cheap and added on two since then. While profitable, it wasn't worth the hassle. My HOA fees have tripled in all but one of them in the last couple of years and I've had a string of really bad Air BNB guests.
Can you elaborate on this a bit? I may be looking to buy a condo or two for short-term rentals; did you consider using a property managment company rather than selling, or were you already doing that?
Guy Incognito is offline   Reply With Quote
Old 03-07-2019, 05:47 AM   #39
Suhlm2
enthusiast
 
Join Date: Oct 2018
Location: USA
Posts: 79
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Gzesh View Post
The comparison is between Summerlin and Green Valley, as opposed to the City of Henderson generally. (Green Valley is a 30 year old master development area within Henderson, but living apart from industrial Henderson.) Generally speaking, look at each but there are more similarities than differences.

I can't speak too knowledgeably about Summerlin, but I've had a residence in Green Valley for 25+ years.

Poker in Green Valley is pretty limited to Green Valley Ranch. OTOH, it is NOT a difficult drive to places to play on the Strip, if you know good routes. At night, it is pretty easy going, and wide open going back.

Green Valley is a nice, pretty suburban-type place to live. Its strong suit is stand-alone single family houses, not urban condo living. If you want a nice house, in a good neighborhood where you can chill by your pool when not playing poker, GV is an excellent choice. The Strip is generally about 15 - 20 minutes away.

Shopping, restaurants, services seem pretty much a mirror of Summerlin's offerings. Pretty much each has the same branded stores, higher end chain restaurants available. There is a different "non-chain" restaurant scene just outside Green Valley, don't know about Summerlin.

Summerlin has the mountains to the west, Green Valley has the Lake Mead recreation area. Both have extensive parks. Summerlin relies on the County for public services, Henderson provides police and fire services to GV.
Thank you for the well thought out and substantive response, thats very good info to know. From my understanding GVR is a great place once youve settled down w wife/kids, but for a 20 something single guy it might not be the best spot?
Suhlm2 is offline   Reply With Quote
Old 03-07-2019, 05:55 AM   #40
Suhlm2
enthusiast
 
Join Date: Oct 2018
Location: USA
Posts: 79
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Bdywax View Post
lol. Obviously you have never lived in Denver. The weather there is amazing.
Yeah I grew up in MT then went to Denver in 2010 for school. I didn't realize how much I hated winter until I spent it in Denver, the handful of uncomfortably cold days a year in Denver basically is Oct-April back home. I want to leave Denver bc its been a very unhappy time in my life. Now that the relationship that I was staying in Denver for has come to an end theres no reason for me to really stay. Bunch of other reasons but I doubt you guys want to read about that

Basically I want to start fresh somewhere new. Right now poker is what I'm very passionate about and so I want to find somewhere thats good for that. It sounds like LV is not the place, I'm still going to go out and look at some places just to be sure, but I'll start researching other cities as well.
Suhlm2 is offline   Reply With Quote
Old 03-07-2019, 08:14 AM   #41
jim88hk
stranger
 
Join Date: Sep 2017
Posts: 12
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Suhlm2 View Post
Thank you for the well thought out and substantive response, thats very good info to know. From my understanding GVR is a great place once youve settled down w wife/kids, but for a 20 something single guy it might not be the best spot?


For a 20 something, the burbs is probably not where you want to be. Did you check out the Veer Towers?


Sent from my iPhone using Tapatalk
jim88hk is offline   Reply With Quote
Old 03-07-2019, 10:43 AM   #42
Bdywax
old hand
 
Join Date: Jun 2011
Location: Dante's seventh level of hell
Posts: 1,248
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Suhlm2 View Post
Yeah I grew up in MT then went to Denver in 2010 for school. I didn't realize how much I hated winter until I spent it in Denver, the handful of uncomfortably cold days a year in Denver basically is Oct-April back home. I want to leave Denver bc its been a very unhappy time in my life. Now that the relationship that I was staying in Denver for has come to an end theres no reason for me to really stay. Bunch of other reasons but I doubt you guys want to read about that

Basically I want to start fresh somewhere new. Right now poker is what I'm very passionate about and so I want to find somewhere thats good for that. It sounds like LV is not the place, I'm still going to go out and look at some places just to be sure, but I'll start researching other cities as well.
Kind of funny, Iím just the opposite. I grew up here in TX and HATE the effin heat. We lived in Denver a few years and I LOVED it there. I actually love the cold, well at least the CO cold.

I get where youíre coming from. Sometimes a fresh start is whatís best for you and you have to do what you have to do.
Bdywax is offline   Reply With Quote
Old 03-07-2019, 02:53 PM   #43
michelle227
old hand
 
Join Date: Jul 2007
Location: Austin, Texas
Posts: 1,747
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by jim88hk View Post
For a 20 something, the burbs is probably not where you want to be. Did you check out the Veer Towers?
While Veer is great for location, the prices there were substantially higher than other similar properties. And, quite honestly, the units have all the warmth and feel of a dorm room.

Most of the ones that show up in the email list tend to be in the $399K and up range. Contrast that with going across the freeway to Panorama or Martin where you can get a larger unit for about $100K less and it changes the approach to Veer.

What I would recommend for the OP is to find an agent and have them create a search of the MLS listings. Take what they provide and narrow down what grabs the interest and then spend a few days of having the agent show various properties around town. You really do need to be boots on the ground to figure out what is going to work out best for you. The email stuff will largely be automated and tailored to what you are looking for. I am starting to see some of the prices fall, but not by much...time will tell whether this is an off-season adjustment or whether it continues.
michelle227 is offline   Reply With Quote
Old 03-10-2019, 12:45 AM   #44
Nozsr
old hand
 
Join Date: Dec 2013
Location: between sessions
Posts: 1,350
Re: Buying Condo in Vegas, looking for rec's

I looked at Martin.

Not for me.

Made me homesick for my old dorm room in south central LA (Trojan Hall). Liked that (in retrospect) better than the Martin. Maybe it's just me.

And Martin is not well suited for walking to a poker room unless you like walking almost a mile, much of which is under dark freeway overpasses late at night.
Nozsr is offline   Reply With Quote
Old 03-12-2019, 02:48 PM   #45
McMelchior
veteran
 
McMelchior's Avatar
 
Join Date: May 2003
Location: NYC, NY Vocation: Giraffe
Posts: 2,633
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Nozsr View Post
Martin is not well suited for walking to a poker room unless you like walking almost a mile, much of which is under dark freeway overpasses late at night.
The Martin has a number of differently configured lines. Some of them are clearly poorly designed, with windowless rooms etc.

A few of them are very attractive, with wrap-around glass curtain walls facing private 40-feet terraces. Of course, units on these lines are rarely on the market.

Regarding walking access to poker, you are mistaken.

The Martin's front door is very close to 2,400 feet or 10 minutes walk from Aria's rear entry, or 2,000 feet comparing to nine minutes walk from the main entrance to Vdara, directly connecting to Bellagio.

This route does NOT include walking under any dark freeway over passes. From the Martin, a sidewalk on West Harmon Avenue connects via a protected and well lit pedestrian walkway directly to the Harmon Circle, without any in-level street crossings.

Last edited by McMelchior; 03-12-2019 at 03:07 PM.
McMelchior is offline   Reply With Quote
Old 03-15-2019, 12:04 AM   #46
Nozsr
old hand
 
Join Date: Dec 2013
Location: between sessions
Posts: 1,350
Re: Buying Condo in Vegas, looking for rec's

Too bad my real estate agent didn't know that, thank you.

Too late for me though. There were a few with windowless 2nd bedrooms available, yes, IIRC they were priced 500k or 600k, when the Ogden condos were priced mid-to-high threes. True, Golden Nugget is not the Aria or Bellagio, but it's OK with me.
Nozsr is offline   Reply With Quote
Old 03-15-2019, 12:06 AM   #47
Nozsr
old hand
 
Join Date: Dec 2013
Location: between sessions
Posts: 1,350
Re: Buying Condo in Vegas, looking for rec's

Almost forgot...

LOL I get to walk Fremont Street Experience late at night, don't know what the pedestrian traffic is on the Martin's sidewalk connection at that same time.
Nozsr is offline   Reply With Quote
Old 03-15-2019, 07:46 AM   #48
madlex
Custom User Title
 
Join Date: Jan 2009
Posts: 9,818
Re: Buying Condo in Vegas, looking for rec's

Quote:
Originally Posted by Nozsr View Post
Too bad my real estate agent didn't know that, thank you.
Not saying your agent lied, but that is extremely hard to believe. I even remember seeing something about the quick walk to City Center in the sales materials before they rebranded it from Panorama North to The Martin.
madlex is online now   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 07:24 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright © 2008-2017, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online