Here is a link to an article on Bigger Pockets about the changing attitudes to Las Vegas real estate.
Optimism is in the air, investors are looking at ground zero (Las Vegas in case you were guessing) for opportunities, and things are starting to happen.
As I mentioned in a previous article about the Zappos deal that is mirrored in the Bigger Pockets link above, the relocation of the Zappos headquarters to downtown Las Vegas has spurred bars and restaurants to begin moving in. I firmly believe there will be some great opportunities in the downtown area.
I hope Las Vegas will never return to the ridiculous boom days that we experienced… it isn’t healthy and it’s not sustainable. That being said, we will recover and there will be fortunes made through the recovery.
