Transcript The Endangered Bilby - The Steve Bland Group

Why Las Vegas?
Why Las Vegas?
Homes at 1990’s Prices
Median Vegas Home Prices
$350,000.00
$300,000.00
$250,000.00
$200,000.00
$150,000.00
$100,000.00
$50,000.00
$0.00
Overall
Single Family
Townhome
2014
2010
2005
2000
1995
1990
Condo
Median prices below 2000 values.
Condos and townhomes are an
especially good value.
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
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
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.
Why Las Vegas?
Climate:
• No hurricanes
• No tornadoes
• No snow
• Very little rain
• No floods
• Very few earthquakes
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!
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
Vegas Statistics
Demographic breakdown by Income:
Below $10,000 annual
$ 10,000 - $ 24,999
$ 25,000 - $ 49,999
$ 50,000 - $ 74,999
$ 75,000 - $ 99,999
$100,000 - $149,999
$150,000 - $199,999
Above$200,000 annual
6.2%
14.4%
25.5%
20.1%
13.2%
12.9%
4.2%
3.4%
Vegas Statistics
Tenant Demographics:
Caucasian
African American
American Indian
Asian
Hispanic or Latino
63.6%
15.2%
0.8%
7.0%
26.9%
Totals will not equal 100% since people
may identify with more than one race.
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
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.
Why Las Vegas?
Value Predictability
Why Las Vegas?
Rental returns examples:
Address
Purchase
Rent/m
Yield
Ardmore
Verdy
Dorothy
Jessica
Knollwood
Biltmore
Pera Circle
$45,000
$65,000
$70,000
$72,500
$75,000
$80,000
$100,000
$650
$650
$1000
$600
$875
$834
$1000
17.3%
12.0%
15.0%
9.9%
14.0%
14.0%
12.0%
Why Las Vegas?
Rental returns examples:
Address
Purchase
Rent/m
Yield
Vista Largo
Country Pines
Palmyra
Marigny
Santiago
Trooper
Thunder River
$130,000
$134,900
$156,000
$165,000
$200,000
$217,000
$232,000
$1050
$1095
$1200
$1200
$1850
$1795
$2100
9.4%
9.7%
9.2%
9.2%
11.1%
9.9%
10.8%
How to Purchase
•Cash
•Financing
•SMSF
•Company/
Trust Structures
Tax Rates
Taxable Income Brackets and Rates:
Rate
10%
15%
25%
28%
33%
35%
39.6%
Single Filers
$0 - $9,075
$9,076 - $36,900
$36,901 - $89,350
$89,351 - $186,350
$186,351 - $405,100
$405,101 - 406,750
$406,751+
Married Joint Filers
$0 - $18,150
$18,151 - $73,800
$73,801 - $148,850
$148,851 - $226,850
$226,851 - $405,100
$405,101 - 457,600
$457,601+
Head of Household
$0 - $12,950
$12,951 - $49,400
$49,401 - $127,550
$127,551 - $206,600
$206,601 - $405,100
$405,101 - $432,200
$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.
Tax Rates
US Tax Rates for C-Corps:
Income Range:
$0-$50,000
$50,000-75,000
$75,000-100,000
$100,000-335,000
$335,000-10,000,000
$10,000,000-15,000,000
$15,000,000-18,333,333
$18,333,333 and up
Tax Rate:
15%
$7,500 + 25%
$13,750 + 34%
$22,250 + 39%
$113,900 + 34%
$3,400,000 + 35%
$5,150,000 + 38%
35%
of $ over:
$0
$50,000
$75,000
$100,000
$335,000
$10,000,000
$15,000,000
$0
All property taxed as regular income for C - Corps.
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
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
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.
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.
Steve Bland
Certified International Property Specialist
Senior Property Manager
[email protected]
Cell: +1-702-443-1303
Office: +1-702-751-7071
Skype: Steve.Bland
Sria Chen
Steve Bland Group Manager
Property Manager
[email protected]
Cell: +1-702-506-8783
Ivan Daskalov
Realtor
[email protected]
Cell: +1-702-900-3334
Additional Language: Bulgarian
Giovanna Merz
Realtor
[email protected]
Cell: +1-702-445-1246
Additional Language: Spanish
Grace Imhoff
Closings Manager
[email protected]
Cell: +1-702-540-0697
Anick Chartier
Administrative Support
[email protected]
Cell: +1-702-812-7352
Additional Language: French
Downtown Project
Andy
Regina
Stella and Sam
Sue
Yuliya
Hope Insurance