Chinese New Year Brings Prosperity for Real Estate Investing

Glenn Plantone -- Real Estate Investment Expert — Wed, 13 Feb 2013 01:36:00 GMT

This Sunday, February 10th marked the beginning of the Chinese New Year. This Year of the Snake is looking to be a BIG year for real estate, as the water fire element brings prosperity to earth and metal industries like property and hotel.

Las Vegas Housing Ceases To Be A Drag

Glenn Plantone -- Real Estate Investment Expert — Fri, 01 Feb 2013 01:39:00 GMT
It seems that the nationwide housing market has finally ceased being a drag on the overall economy and is now actually a source of strength. According to a recent article in USA Today, Mark Zandi, chief economist for Moody’s Analytics, no repo

Calling The Bottom - Do I Get A Prize?

Glenn Plantone -- Real Estate Investment Expert — Thu, 31 Jan 2013 01:34:00 GMT
Earlier this week, I opened up the Las Vegas Review Journal and read Hubble Smith?s article ?Housing Crawling Off ?Bottom.?? In the article, Dennis Smith, housing analyst and president of Las Vegas-based Home Builders Research, was quoted as saying,

Announcing ?The Las Vegas Real Estate Reality Hour? With Glenn Plantone

Glenn Plantone -- Real Estate Investment Expert — Wed, 30 Jan 2013 01:30:00 GMT
Many of my clients already know that before I embarked on my career in real estate, I spent some time behind the microphone working as a radio personality in California. I?m excited to be returning to the recording booth, this time as the on air hos

Las Vegas Short Sales Continue to Rise As Banks Avoid Foreclosures

Glenn Plantone -- Real Estate Investment Expert — Mon, 21 Jan 2013 18:01:00 GMT
We have repeatedly discussed the various effects of the passage of Nevada Assembly Bill 284 on the Las Vegas real estate market. The most notable has surely been the rapid decline in foreclosures as banks struggle to comply with the mountain of red

Mortgage Debt Forgiveness Act Extended Through 2013

Glenn Plantone -- Real Estate Investment Expert — Thu, 17 Jan 2013 18:50:00 GMT
On January 1st, Congress passed the American Taxpayer Relief Act of 2012. Part of this Act is a one year extension for the Mortgage Forgiveness Debt Relief Act. Created in 2007, this act granted exemption from income tax to homeowners who had all o

Sellers' Market Persists in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Mon, 07 Jan 2013 14:42:00 GMT
The sellers’ market that prevails in Las Vegas real estate at the moment shows no signs of slowing down. The median home price in Las Vegas continues to rise and, although foreclosures have crept back up from their low point last year, the oft

Build It And They Will Come - Tony Hsieh's Downtown Las Vegas Dream

Glenn Plantone -- Real Estate Investment Expert — Mon, 31 Dec 2012 13:36:00 GMT

Tony Hsieh, CEO of Zappos, has been making waves in Las Vegas lately by going on a mini real estate buying spree in a concentrated area of Downtown Las Vegas. Hsieh founded and has provided the bulk of funding for the Downtown Project, a $350 mil

Foreclosure Frenzy Moves from Las Vegas to Atlanta

Glenn Plantone -- Real Estate Investment Expert — Sat, 29 Dec 2012 14:51:00 GMT
As Las Vegas foreclosures ground to a near halt after the passage of AB 284, Sin City passed its long-held foreclosure capital crown to Atlanta. It seems Las Vegas may have sent its corporate buyers to the Georgia capital as well. Atlanta now leads

Now's The Time to Sell in Las Vegas!

Glenn Plantone -- Real Estate Investment Expert — Wed, 19 Dec 2012 14:31:00 GMT
If you are a homeowner in Las Vegas looking to sell your home, this current market may be the best opportunity you see for quite some time. Over the last year, home prices in Las Vegas have risen steadily as the lack of foreclosure inventory has con

Extending the Mortgage Debt Relief No Sure Thing

Glenn Plantone -- Real Estate Investment Expert — Sat, 15 Dec 2012 18:25:00 GMT
Last month I reported on the looming expiration of the Bush tax cuts at the end of this year. Included in these expiring cuts is the Mortgage Debt Relief act. This provision, passed into law in 2007, allows an exemption from taxes for people who ha

In Real Estate Good Things Come to Those Who Don't Wait

Glenn Plantone -- Real Estate Investment Expert — Thu, 29 Nov 2012 20:38:00 GMT
They say that good things come to those who wait, but lately good things come to those who pounce quickly. Real estate has become a hot commodity once again, and houses that once languished months, or even years, on the Las Vegas MLS are now being s

Blackstone Sees Window for Investing in Foreclosures Narrowing

Glenn Plantone -- Real Estate Investment Expert — Tue, 20 Nov 2012 13:41:00 GMT
Blackstone Group LP is the world’s largest private equity firm, and after investing $1.5 billion this year in foreclosed homes, knows a thing or two about the opportunity for growth through real estate investment. So it is especially interesti

Prices Continue to Rise in Las Vegas as Foreclosures Drag

Glenn Plantone -- Real Estate Investment Expert — Thu, 15 Nov 2012 17:30:00 GMT
For several years, Las Vegas made headlines nationwide as the foreclosure capital of the United States. Now the big news coming out of Las Vegas is the complete lack of foreclosures. In September of 2012 less than 300 homes were foreclosed upon in

Las Vegas Real Estate - Four Years Later

Glenn Plantone -- Real Estate Investment Expert — Wed, 07 Nov 2012 18:50:00 GMT
On the eve of this election day 2012, I thought it fitting to look back on the last four years of activity in the Las Vegas Real Estate market. Romney fears that we are in worse shape and heading down the wrong path. In the interest of full disclos

Expiring Bush Tax Cuts Include Mortgage Debt Relief Act

Glenn Plantone -- Real Estate Investment Expert — Tue, 23 Oct 2012 14:27:00 GMT
Regardless of which box you are checking in the upcoming election, you should be aware that the expiring Bush tax cuts, made famous by the recent presidential debates, include a provision that excludes mortgage debt relief from taxation up to a maxim

Timing the Bottom of the Market Proves Unimportant

Glenn Plantone -- Real Estate Investment Expert — Tue, 16 Oct 2012 16:25:00 GMT
“Are we there yet?” This is a question fielded to me almost daily by investor clients wanting to know if now is the right time to step into the Las Vegas investment real estate market. Have prices started rising again? Have we (finally

Nevada Court Paves the Way for More Foreclosures

Glenn Plantone -- Real Estate Investment Expert — Wed, 03 Oct 2012 23:32:00 GMT
And I don’t say that as if it is a bad thing.

The Nevada Supreme Court voted 7-0 to uphold the role of MERS (Mortgage Electronic Registration System Inc.) in the foreclosure process. MERS is an industry database that was designed, a

New Paths to Guaranteed Returns

Glenn Plantone -- Real Estate Investment Expert — Sat, 22 Sep 2012 20:47:00 GMT
As a licensed real estate Broker and agent here in Las Vegas, I have spent the last six years specializing in finding the best deals for my inventors. To qualify as a “best deal” these properties have to include both an equity position

Las Vegas, NV - Real Estate Agents Wanted!

Glenn Plantone -- Real Estate Investment Expert — Mon, 17 Sep 2012 15:54:00 GMT
Last year, I was ranked as the 7th busiest buyers’ agent in all of Las Vegas. This is perhaps especially noteworthy in that I deal primarily with investors that are looking to either buy and hold or flip Las Vegas properties. Over the last se

8% Returns on Hands Off, Secure Real Estate Investments

Glenn Plantone -- Real Estate Investment Expert — Wed, 12 Sep 2012 18:39:00 GMT
Over the last several years, I have been approached many times by clients who are looking for better returns on their investment dollars by investing in Las Vegas real estate, but are worried by the property management and other potentially time cons

Judicial Foreclosures Fuel Speculation on the Future of Home Prices in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Tue, 04 Sep 2012 18:06:00 GMT
Just when you thought it was safe to go back in the water... Median home prices in Las Vegas have been rising steadily since shortly after AB 284 was passed last October. In fact, many Realtors have noted that the last few months have felt more li

Bulk REO Package Available for Purchase in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Fri, 20 Jul 2012 14:05:00 GMT
The big news story in the Las Vegas real estate market continues to be the lack of REO inventory. Record low inventory has prompted multi-year highs in new home starts and steadily rising home prices. As a full time real estate investor, this has p

Property Management - The Glue That Keeps Us Together

Glenn Plantone -- Real Estate Investment Expert — Fri, 06 Jul 2012 13:28:00 GMT
You may realize (because we’ve repeatedly told you) that Glenn Plantone is the 7th busiest real estate agent in all of Las Vegas and that he specializes in rehabbing distressed properties and turning them into beautiful homes. What you might n

Silver Lining - The Investment Opportunity Lurking Behind AB 284

Glenn Plantone -- Real Estate Investment Expert — Thu, 28 Jun 2012 15:02:00 GMT
If you follow my articles, you know that I have been writing a lot lately on how the passage of Nevada Assembly Bill 284 has swiftly and dramatically changed the landscape of Las Vegas real estate over the last 8 months. By and large, this change ha

Declining Foreclosures Push Home Prices to Rise in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Thu, 31 May 2012 17:41:00 GMT

These three graphs tell the tale of the Las Vegas real estate market the past few months. As I mentioned before, the changes in bank regulations in the wake of AB284 have almost completely halted foreclosures in Las Vegas and, as a result,

Las Vegas Builders Rush to Fill Housing Gap

Glenn Plantone -- Real Estate Investment Expert — Thu, 24 May 2012 13:49:00 GMT
Over the last several months, the Las Vegas housing market has taken a dramatic turn. Seemingly overnight, Las Vegas has gone from a nationwide foreclosure leader to an epicenter for new housing starts. How? Why? The answer begins with the passag

New Program Provides $15K To Down Payment for Qualified Home Buyers

Glenn Plantone -- Real Estate Investment Expert — Fri, 18 May 2012 16:35:00 GMT
Team Plantone in Las Vegas, NV recently announced that they are working with Wells Fargo to help potential Las Vegas home buyers qualify for a special program that can provide home buyers with up to $15,000 in down payment assistance to purchase qual

Las Vegas Real Estate In For Another Roller Coaster Ride

Glenn Plantone -- Real Estate Investment Expert — Thu, 10 May 2012 14:22:00 GMT
Las Vegas real estate is currently experiencing its largest upheaval since the bubble burst four years ago. The passage of Nevada Assembly Bill 284 has resulted in extreme and far reaching consequences that have rapidly and dramatically changed the

What Is Trust Deed Investing?

Glenn Plantone -- Real Estate Investment Expert — Wed, 02 May 2012 16:07:00 GMT
You may have heard the term “Trust Deed Investing” or “Trust Deed Investments” bandied about recently in the press as well as private discussions. Many people, eager to find a source of secure returns that can pay more than t

Seeking Mortgage Lender for 70% LTV Cash Out Refis in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Thu, 19 Apr 2012 17:06:00 GMT
Glenn Plantone has established a reputation for his Team in the Las Vegas valley by catering to investors looking to cash in on the historically high cash flow rates currently available in the Las Vegas real estate market. Glenn has sold over 300 ho

The Last House In Las Vegas (Tales of AB 284)

Glenn Plantone -- Real Estate Investment Expert — Thu, 12 Apr 2012 13:16:00 GMT
They say that a picture is worth a thousand words...but when this image crossed my desk it rendered me speechless:

This graph shows the Notice of Defaults that have been filed in Clark County from March of 2011 through February of this yea

Another Bulk REO Transaction in Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Mon, 09 Apr 2012 13:20:00 GMT
Glenn Plantone of VIP Realty recently brokered another bulk transaction of foreclosed properties here in Las Vegas. This time, the bulk package was held by a Midwestern bank looking to move their Las Vegas inventory quickly. The package was compris

Buy and Hold: It's the New Flip

Glenn Plantone -- Real Estate Investment Expert — Tue, 20 Mar 2012 18:05:00 GMT
After leading the nation in foreclosures for the past three years, the real estate market is changing quickly here in Las Vegas. Banks have literally stopped foreclosing on homes, and the lack of REO listings have combined with other factors to push

Glenn Plantone and Ron Aldinger Guests on Veterans' Talk Radio

Glenn Plantone -- Real Estate Investment Expert — Tue, 06 Mar 2012 17:33:00 GMT
Glenn Plantone and Ron Aldinger of VIP Realty Group were guests recently on the February 11th evening broadcast of Veterans Talk Radio with Host Jim Lytner and co-host RJ Dough. The show is based out of Las Vegas and is webcast around the globe where

Driven by Short Sales Las Vegas Resale Real Estate Hits Record Mark for 2011

Glenn Plantone -- Real Estate Investment Expert — Wed, 18 Jan 2012 13:30:00 GMT
Just how busy was the real estate market last year in Las Vegas? Record sales, that’s how busy. Although 2011 was the 3rd busiest year on record overall for Las Vegas Real Estate sales, it turned out to be the busiest year ever for resales. 2

Glenn Plantone Featured in CNN Money - Is Las Vegas' Housing Making a Comeback?

Glenn Plantone -- Real Estate Investment Expert — Thu, 05 Jan 2012 16:31:00 GMT
Once again, Glenn Plantone has been featured as an expert commentator in a recent article from CNN Money. This piece by Les Christie was featured in CNN Money on Nov. 11, 2011 and is titled "Is Las Vegas' Housing Market Ready to

CHASE Bank Opens Las Vegas Foreclosures to Investor Buyers

Glenn Plantone -- Real Estate Investment Expert — Mon, 21 Nov 2011 15:22:00 GMT
On Friday, November 18th, Chase delivered to Team Plantone a list of 35 foreclosure properties in Las Vegas, NV that need to be liquidated immediately. Originally these properties were to be listed and sold only to owner occupants, but due to the cu

Bulk Foreclosure Real Estate Deal Closes in Northwest Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Thu, 17 Nov 2011 13:17:00 GMT
Glenn Plantone of Nevada New Builds LLC in Las Vegas recently completed a bulk sale of 15 new construction homes to a private, out of state investor. The transaction, which closed on November 1st, 2001, represents one of the largest single transacti

Finally...Loans for Canadian Investors Looking to Purchase U.S. Real Estate

Glenn Plantone -- Real Estate Investment Expert — Thu, 03 Nov 2011 21:13:00 GMT
Over the last three years I have sold dozens of properties to foreign nationals looking to invest in Las Vegas real estate. Las Vegas has led the nation in foreclosures for the last three years running and has seen properties lose 50-80% of their va

Glenn Plantone Opens Fixed Interest Program to Smaller Investments

Glenn Plantone -- Real Estate Investment Expert — Tue, 25 Oct 2011 18:14:00 GMT
For the last two years, we have been successfully flipping homes in Las Vegas using our proven formula. We purchase distressed properties well below current market value via short sales, the trustees’ auction and bank-owned REOs. We then reha

Bank of America Agrees to Short Sale Substitutions

Glenn Plantone -- Real Estate Investment Expert — Thu, 13 Oct 2011 18:47:00 GMT
Bank of America announced recently that it will now allow agents to substitute buyers into approved short sales in cases where the original offer falls through. This news was greeted with enthusiasm from real estate agents, investors and potential

An Open Letter to Appraisers In the Las Vegas Real Estate Market

Glenn Plantone -- Real Estate Investment Expert — Sat, 10 Sep 2011 13:50:00 GMT
For the last three years, my team and I have purchased, renovated and resold over 100 properties in the Northwest Las Vegas area. Currently, our greatest challenge lies not in construction headaches, buying competition or even the scarcity of financ

Double Dip? Probably, But That Shouldn?t Scare Real Estate Investors Away

Glenn Plantone -- Real Estate Investment Expert — Wed, 07 Sep 2011 22:46:00 GMT
As a full time real estate investor, with a portfolio of over 20 properties in several states, as well as a licensed Realtor, I have made my living by following the trends and helping my investor clients to do the same. For the last four years, those

Las Vegas Real Estate: A Matter of Perspective

Glenn Plantone -- Real Estate Investment Expert — Thu, 18 Aug 2011 14:07:00 GMT
Like anything in life, it’s all about perspective and how we choose to look at a situation. We all have the same data about the housing market available to us. For some, the data reads bleak... this is the worst real estate market ever (at lea

MGM Signature 3rd and 4th Quarter Update 2010

Glenn Plantone -- Real Estate Investment Expert — Fri, 05 Aug 2011 17:49:00 GMT
I predicted in my final quarter MGM Signature update for 2010 that we would see sales begin to pick up slightly at the MGM during the beginning of 2011, but that sales might become volatile after that time due to lingering uncertainties in the econom

Observations: The Las Vegas Foreclosure Market for Summer 2011

Glenn Plantone -- Real Estate Investment Expert — Tue, 12 Jul 2011 14:27:00 GMT
As many of you know, my core business involves purchasing foreclosure properties at the Las Vegas Trustee’s Auction, renovating them to better-than-new condition, placing long term renters or lease option tenants in the properties, and then sel

What is a Good CAP Rate? What Makes a Good Return on Investment?

Glenn Plantone -- Real Estate Investment Expert — Wed, 08 Jun 2011 21:05:00 GMT
In my last article, I discussed how to calculate the three most common ratios used to determine the rate of return on real estate investments: Capitalization (CAP) Rate, Return on Investment (ROI), and Equity Return Rate. Of these, the most com

Understanding CAP Rate, Return on Investment (ROI), And Equity Return Rate

Glenn Plantone -- Real Estate Investment Expert — Wed, 11 May 2011 18:58:00 GMT
When you are looking to purchase income property for investment purposes you are bombarded with various statistics designed to show you the strength of the investment you are considering. These numbers can be very helpful IF you understand exactly w

What is a Participating Mortgage?

Glenn Plantone -- Real Estate Investment Expert — Thu, 07 Apr 2011 11:46:00 GMT
You may have heard the term “Participating Mortgage” lately in conferences on real estate investment opportunities...but what, exactly, is a participating mortgage? And, more importantly, is it a good investment?

Participating

'Flip This House' Las Vegas Style

Glenn Plantone -- Real Estate Investment Expert — Tue, 29 Mar 2011 23:53:00 GMT
I have been an avid fan of “Flip This House” since it debuted several years ago on A&E. I have watched as Than Merrill, Rudy Martinez, and the rest of the gang flipped foreclosures for profit in cities across the U.S. And sometimes,

New Loan Program Makes It Possible for Non-U.S. Citizens to Borrow for Second Homes in the U.S.

Glenn Plantone -- Real Estate Investment Expert — Thu, 17 Mar 2011 14:44:00 GMT
We recently received a notice from our lending partner that they have expanded their Foreign National Loan Program to include non-resident and non-U.S. citizens borrowing for second homes in the United States. This is great news for our Canadian cli

Free Night at MGM Signature for Real Estate Investors

Glenn Plantone -- Real Estate Investment Expert — Thu, 10 Mar 2011 14:16:00 GMT
There has not been a better time to purchase investment real estate in Las Vegas in the last quarter of a century. Over the last few years, home prices plummeted to those seen 20 years ago in 1991. But prices have now stabilized, and investors are f

MGM Signature Hotel Condos 4th Quarter 2010 Update

Glenn Plantone -- Real Estate Investment Expert — Tue, 22 Feb 2011 20:37:00 GMT
Fourth quarter sales for 2010 at the MGM Signature Hotel were a bit of an anomaly. Sales of any real estate product are always lower in the first and last quarters of the year than the second and third, however I did expect increasing foreclosure ra

Looking For Turn Key Investment Properties In Las Vegas? Looking to Invest IRA or 401K Dollars In Cash Flowing Real Estate?

Glenn Plantone -- Real Estate Investment Expert — Sat, 19 Feb 2011 11:55:00 GMT
I am Glenn Plantone. I am the fourth busiest buyers’ agent in Las Vegas and I work exclusively with investors who are looking to purchase investment real estate here in Las Vegas. Many investors have been frustrated in their search for qualit

Las Vegas Home Sales Fall in 2010...But For Interesting Reasons

Glenn Plantone -- Real Estate Investment Expert — Tue, 18 Jan 2011 23:30:00 GMT
The Las Vegas Sun ran a front page article Monday, January 17th entitled “Home Sales in Las Vegas Slide in 2010.” The article reveals that “the sale of new single-family homes in Las Vegas in 2010 fell by 4.2 percent from a year ea

Las Vegas Foreclosure Listings Present IRA Investment Options

Glenn Plantone -- Real Estate Investment Expert — Tue, 11 Jan 2011 01:47:00 GMT
The recent wave of Las Vegas foreclosure listings have created unique opportunities for those looking for IRA investment options that include purchasing Las Vegas real estate. Over the last two years, Las Vegas has led the nation in foreclosures. B

Real Estate Investing in Las Vegas Returns to Historic Trend

Glenn Plantone -- Real Estate Investment Expert — Tue, 28 Dec 2010 15:18:00 GMT
Real estate investing in Las Vegas is back on the historic trend lines according to the latest market data to be released by title companies. This is both good and bad news.

What this means is that r

New Ways for Las Vegas Mortgage Brokers to Earn Commissions

Glenn Plantone -- Real Estate Investment Expert — Thu, 09 Dec 2010 14:49:00 GMT
The credit crunch and economic downturn have affected everyone here in Las Vegas, but perhaps none so much as those looking for financing for a home and those who make their living locating that financing. If you are a Las Vegas based mortgage broke

Bank of America to Resume Foreclosures After Final Quarter Hiatus

Glenn Plantone -- Real Estate Investment Expert — Mon, 29 Nov 2010 15:05:00 GMT
Bank of America, the nation’s largest mortgage service company since acquiring Countrywide in 2008, announced that they will resume foreclosing on homes Wednesday, December 1st. This comes after the banking giant self-imposed a foreclosure mor

Glenn Plantone is the 4th Busiest Buyers? Agent in All of Clark County, Nevada!

Glenn Plantone -- Real Estate Investment Expert — Mon, 08 Nov 2010 16:39:00 GMT
Based on official escrow data for Clark County, Glenn Plantone is the 4th Busiest Buyers’ Agent in all of Clark County, Nevada for the third quarter of 2010. In the third quarter, Glenn closed on 17 properties for his buyers. (This doesn&rsqu

MGM Update 3rd Quarter 2010

Glenn Plantone -- Real Estate Investment Expert — Thu, 28 Oct 2010 14:58:00 GMT
The third quarter of 2010 has officially ended and it’s time to take stock of recent developments at the MGM Signature Hotel/Condo project. I have been following this particular property for over two years and have published a quarterly update

Come Visit Las Vegas to Buy Real Estate and Stay at the MGM Signature for Free!

Glenn Plantone -- Real Estate Investment Expert — Mon, 18 Oct 2010 10:32:00 GMT
Those of you who have followed my articles over the last several years, know that I successfully “called” the bottom of the Las Vegas real estate market in May of 2009, months before the news sources announced the same thing. (See

REOs Depleted at MGM Signature Condos - Glenn Plantone Once Again Offers Lowest Priced Strip Studio at $144K

Glenn Plantone -- Real Estate Investment Expert — Wed, 13 Oct 2010 20:13:00 GMT
I have been following the MGM Signature Hotel Condos for the past three years and have watched as many of the units that originally sold during the height of the real estate boom for hundreds of thousands of dollars moved back to the bank as fo

For Investors Seeking a Secure 24% Return

Glenn Plantone -- Real Estate Investment Expert — Thu, 30 Sep 2010 16:57:00 GMT
Many of you, who have followed my articles and blog posts over the last several years, know that I advocate having the qualities of a chameleon if you are going to succeed in real estate investing. What I mean by this is; that you need to be able t

Glenn Pantone to Join Wynn Realty Group

Glenn Plantone -- Real Estate Investment Expert — Fri, 17 Sep 2010 15:04:00 GMT
We are proud to announce that Glenn Plantone, noted Las Vegas real estate expert and full-time investor and real estate professional has joined the growing team at Wynn Realty Group.

Glenn is a leader in locating and capitalizing on profit

MGM Signature Towers is Offering Fractional Ownership Opportunities For the First Time!

Glenn Plantone -- Real Estate Investment Expert — Thu, 09 Sep 2010 14:41:00 GMT
Many of my regular readers know that I have been covering the MGM Signature Towers property for a few years now. I have watched as the project was built and the new units sold for between $480K and over $1 million. I covered the decline of unit val

MGM Signature Towers Second Quarter Update

Glenn Plantone -- Real Estate Investment Expert — Tue, 17 Aug 2010 18:17:00 GMT
I have fielded several requests recently from those who follow my regular blog and email updates on the MGM Signature Towers, for sales information from the second quarter of 2010. Those numbers have arrived and I’d like to share them with you

CNN Money Labels Glenn Plantone One of the New Vulture Investors? Oh Well, I?ve Been Called Worse

Glenn Plantone -- Real Estate Investment Expert — Tue, 10 Aug 2010 20:01:00 GMT
They say any publicity is good publicity, and I couldn’t agree more. So when CNNMoney.com featured me in an article titled “Vulture Investors: They're Back - And Making a Bundle” I was...well... pleased. If by vulture, they are im

What is Transactional Funding and Why Do We Need It In Order to Flip Properties in Las Vegas?

Glenn Plantone -- Real Estate Investment Expert — Tue, 27 Jul 2010 22:23:00 GMT
I have written several articles lately announcing the return of profitable flipping conditions in Las Vegas, NV. Las Vegas has led the nation in foreclosures since the real estate bubble burst approximately three years ago, and we have seen our home

Flipping Short Sales In Las Vegas Provides a Win-Win-Win Situation in 2010

Glenn Plantone -- Real Estate Investment Expert — Mon, 19 Jul 2010 19:47:00 GMT
I have come across a very exciting niche in the Las Vegas Real estate market that is creating a win-win-win scenario for me, my short term funding investors, and the “end-user” investor buying our properties. Over the last several months

Transactional Funding Proves Profitable for Investors

Glenn Plantone -- Real Estate Investment Expert — Wed, 07 Jul 2010 21:25:00 GMT
The recent credit crunch and rapid decline in home prices in Las Vegas has created an environment that is once again ripe for successfully flipping properties. I have been acquiring properties at the Trustee Sale in Las Vegas, performing very light r

Earn a 30% Return on a $1,000,000 Real Estate Backed Investment

Glenn Plantone -- Real Estate Investment Expert — Mon, 28 Jun 2010 17:05:00 GMT
As baby boomers mature and reach retirement age, building has accelerated in mild climates worldwide to meet the coming demand for retirement housing. Costa Rica was one such locale that has experienced tremendous growth in the last several years as

FHA Reform Bill is a Dose of 'Tough Love' for Potential Home Buyers

Glenn Plantone -- Real Estate Investment Expert — Mon, 14 Jun 2010 14:56:00 GMT
Earlier this month, the U.S. House of Representatives overwhelmingly passed a bill aimed at shoring up the shaky financial position of the Federal Housing Administration (FHA). While the FHA does not actually lend money, it insures the loans of mill

Review of My Stay at the MGM Signature Towers Hotel-Condo

Glenn Plantone -- Real Estate Investment Expert — Mon, 07 Jun 2010 18:28:00 GMT
Over the last year I have sold several units at the MGM Signature Condo Hotel, and I decided it was time to experience the property myself from a guest’s point of view. As a result, this past Memorial Day Weekend, my family and I made the long

Banks Manipulate Las Vegas Housing Floor

Glenn Plantone -- Real Estate Investment Expert — Thu, 20 May 2010 23:56:00 GMT
For the last two years, banks have been trying to force real estate markets nationwide to reach a "bottom." The wave of foreclosures that began in 2008 drove inventory through the roof in many metro areas, like Las Vegas. The credit crunc

AOL Provides Great Resource for Las Vegas Foreclosures, Short Sales and Real Estate Trends

Glenn Plantone -- Real Estate Investment Expert — Mon, 10 May 2010 16:05:00 GMT
As many of you know, I use a lot of different tools to help me stay up to date on the latest trends and reports regarding Las Vegas foreclosures, short sales and general real estate trends. One of my favorites has always been the Google Alerts syste

Regent Las Vegas Short Sales

Glenn Plantone -- Real Estate Investment Expert — Mon, 03 May 2010 16:14:00 GMT
I'd like to take a few minutes in this article, and discuss what is happening in the Las Vegas real estate market in general and with units at the Regent in North Las Vegas specifically. I’d also like to briefly discuss some of the options that

Short Sales Continue to Rise at MGM Signature Towers

Glenn Plantone -- Real Estate Investment Expert — Tue, 27 Apr 2010 20:47:00 GMT
As a licensed Realtor here in Las Vegas, over the last three years I have followed the sales trends at the MGM Signature Hotel Condo very closely. (I have also sold 15 units over that time period.) I have also written and published several articles

How to Calculate Real Estate Capitalization Rates (CAP Rates)

Glenn Plantone -- Real Estate Investment Expert — Mon, 05 Apr 2010 10:45:00 GMT
If you are looking to purchase investment property, you are going to see the term CAP rate, or real estate capitalization rate, used quite frequently. Fortunately, CAP rate is easy to calculate and easy to understand.

The first step to cal

Great Las Vegas Investment Properties...But Will They Rent?

Glenn Plantone -- Real Estate Investment Expert — Wed, 31 Mar 2010 01:15:00 GMT
Real estate prices have fallen over 70% in Las Vegas, and aggressive investors are now flooding back into the market to snatch up bargain properties. Real estate experts are touting the strong cash flow potential that Las Vegas properties now offer.

Fierce Competition for Available REOs Means Investors Need to Change Course in 2010

Glenn Plantone -- Real Estate Investment Expert — Mon, 22 Mar 2010 16:49:00 GMT
I love the Las Vegas real estate market! Just like the city itself, the Las Vegas real estate market is always changing, always exciting. We saw the market reach bottom last year and begin to stabilize again as investors rushed back in to Las Vegas

How to Buy Investment Properties in 2010

Glenn Plantone -- Real Estate Investment Expert — Wed, 10 Mar 2010 19:50:00 GMT
For much of 2009, the quickest, easiest and best way to purchase an investment property in Las Vegas, was to purchase a bank owned foreclosure, or REO. In fact, 75% of all sales in Las Vegas in 2009 were bank owned REO foreclosures. In some individ

HUD Drops 90 Day Seasoning Rule - Makes Acquiring and Reselling Foreclosures Even Easier

Glenn Plantone -- Real Estate Investment Expert — Thu, 28 Jan 2010 21:08:00 GMT
The Department of Housing and Urban Development recently announced a temporary policy change that will have significant positive benefits for anyone looking to acquire foreclosures, especially those looking to fix and flip. Previously, FHA has

MGM Signature Update January 2010

Glenn Plantone -- Real Estate Investment Expert — Wed, 20 Jan 2010 15:27:00 GMT
As those of you who follow my articles and blogs know, I have been tracking the MGM Signature Towers Hotel Condo in Las Vegas very closely over the last year. Many of my investors have asked me to write an update on the project. Here is the most re

The 2009 Year In Review

Glenn Plantone -- Real Estate Investment Expert — Mon, 11 Jan 2010 17:27:00 GMT
2009 was a year of expectations and a year of hopes. Some of these were met, some were exceeded, and others will wait and continue to seek fulfillment in 2010. We all knew that the foreclosure wave would continue to sweep over the nation’s be

Stripped Homes Offer Great Profit Potential

Glenn Plantone -- Real Estate Investment Expert — Mon, 04 Jan 2010 15:01:00 GMT
It's the newest thing in housing these days... 4 BD/3BA... no kitchen. No kitchen, no ceiling fans, no landscaping, even no light fixtures. Yes, it appears that appliances and hardware are the latest casualties in the nation's foreclosure meltdowns

Surviving and Thriving as a Real Estate Agent: Part 3

Glenn Plantone -- Real Estate Investment Expert — Tue, 22 Dec 2009 16:33:00 GMT
In my last two articles, I have discussed how real estate agents can not only survive, but thrive in this challenging real estate market. I have covered the first three points in my four point plan:

1. Develop Your Niche

Surviving and Thriving as a Real Estate Agent: Part 2

Glenn Plantone -- Real Estate Investment Expert — Fri, 18 Dec 2009 17:42:00 GMT
In my last article, I discussed the steps Realtors can take to thrive even in these challenging economic conditions. These steps were:

1. Develop Your Niche
2. Become An Expert in Your Field
3. Be Mobile/Adapt
4. Develop a

Surviving and Thriving as a Real Estate Agent: Through Good Times and Bad

Glenn Plantone -- Real Estate Investment Expert — Tue, 08 Dec 2009 15:27:00 GMT
Surviving and Thriving as a Real Estate Agent: Through Good Times and Bad

It is no secret that real estate agents, as well as other real estate related professions, have had a diffic

Drop Bids at Trustee Sales

Glenn Plantone -- Real Estate Investment Expert — Tue, 24 Nov 2009 14:14:00 GMT
Drop Bids at Trustee Sales

The Arizona Republic recently ran an article discussing the practice of "drop bids" at the Maricopa County foreclosure auction. When a lender posts a Notice of Sale amount (often referred to as the min

Mind the Gap in the Current Real Estate Market

Glenn Plantone -- Real Estate Investment Expert — Tue, 17 Nov 2009 15:38:00 GMT
Mind the Gap

You know you've arrived in London when you step out of the "tube" and hear the oft-looped pleasantry over the loud speakers, "Mind the Gap!" The announcement is referring to the gap between the subway plat

Short Sales vs. REOs

Glenn Plantone -- Real Estate Investment Expert — Tue, 10 Nov 2009 13:45:00 GMT
As of September 2009, the nation's supply of REO homes has begun to shrink, even in foreclosure capital Las Vegas, NV. As investors flood back into distressed markets, we are seeing multiple bid situations for most REO or bank-owned foreclosure prop

Trustee's Sale Offers Better Buying Opportunities as REO Prices Rise in September

Glenn Plantone -- Real Estate Investment Expert — Thu, 05 Nov 2009 14:53:00 GMT
As you may know I have been very heavily involved in the Las Vegas real estate market for the last six years, both as a private investor and as a licensed real estate agent. As an agent specializing in undervalued properties, I have sold homes and c

Short Sales Increasing

Glenn Plantone -- Real Estate Investment Expert — Tue, 03 Nov 2009 17:07:00 GMT
Over the last year, many of my clients have asked me about the feasibility of short sales…both from a seller’s perspective, as a way out of an upside down property; and from a buyer’s perspective, as a way to acquire properties bel

MGM Signature Condos Selling at Trustees Sale

Glenn Plantone -- Real Estate Investment Expert — Tue, 27 Oct 2009 15:06:00 GMT
It has been a little over three months since my last update on the MGM Signature Condos and I wanted to update my readers on the new developments that have been taking place. Those of you who are on my mailing list will have received a spread sheet I

Las Vegas Mayor Oscar Goodman Speaks at Real Estate Insider Club

Glenn Plantone -- Real Estate Investment Expert — Tue, 20 Oct 2009 14:13:00 GMT
Over 100 people pre-paid to attend the October meeting of the Las Vegas Real Estate Insider Club in the conference room on the top floor of the Newport Lofts in downtown Las Vegas. Club founder Glenn Plantone welcomed Las Vegas mayor Oscar Goodman as

Upcoming Nicaraguan Investment Conference

Glenn Plantone -- Real Estate Investment Expert — Fri, 02 Oct 2009 18:31:00 GMT
My friend and colleague, Kevin Fleming recently shared with me a project he is involved with in Nicaragua. I have endorsed some of Kevin's deals in the past and this one looks like it has potential. Costa Rica and Panama have offered great appreciati

Las Vegas Mayor Oscar Goodman to Speak At LV Real Estate Insider Club

Glenn Plantone -- Real Estate Investment Expert — Fri, 25 Sep 2009 15:10:00 GMT
The Las Vegas Real Estate Insider Club is proud to host special guest speaker Mayor Oscar Goodman at their upcoming meeting, held Wednesday October 14th. In order to accommodate the increased number of guests expected to attend, the meeting will be

Shrinking Inventory Necessitates New Buying Strategies

Glenn Plantone -- Real Estate Investment Expert — Sun, 13 Sep 2009 21:26:00 GMT
The Las Vegas real estate market has endured an amazing roller coaster ride in the last ten years. Homeowners in the Las Vegas valley saw very modest price appreciationthroughout the 90’s and the early part of this decade. In 2003, sales be

Will Cash Flow For Cash

Glenn Plantone -- Real Estate Investment Expert — Tue, 08 Sep 2009 16:29:00 GMT
Over the last five years I have sold a lot of real estate in many different markets nationwide. In 2003, droves of investors came into the Las Vegas market and purchased single family homes and condos. In 2004, the scene repeated itself in the Pho

MGM Signature Towers Sell For New Lows - Comps Fall Under $100K

Glenn Plantone -- Real Estate Investment Expert — Wed, 22 Jul 2009 01:11:00 GMT
The last time I reported on the MGM Signature Towers was in late April when new low comps were established for both Studio and 1 Bedroom units at the close of the MGM auction. I wanted to take a moment to update my readers as prices continue to drop

False Bottoms - Or When the Tail Wags the Dog

Glenn Plantone -- Real Estate Investment Expert — Tue, 14 Jul 2009 18:17:00 GMT
For the last 18 months real estate investors, market analysts and other experts have speculated as to when the long awaited bottom for the beleaguered real estate market would finally arrive. Rather than offering guesses as to how long the down marke

New Law Makes Foreclosure Process a Little Less Painful for Renters

Glenn Plantone -- Real Estate Investment Expert — Wed, 24 Jun 2009 20:57:00 GMT
In February of this year, I wrote an article addressing the plight of renters in the Las Vegas valley. The Las Vegas Sun had run an article detailing how many renters were facing the need to immediately vacate their homes, which had gone into foreclo

Richard Lee Discusses the Las Vegas Real Estate Market

Glenn Plantone -- Real Estate Investment Expert — Wed, 17 Jun 2009 21:18:00 GMT
The Las Vegas Real Estate Insider Club was pleased to host Richard Lee at their last meeting June 12th. Formally, Lee is Vice President, Public Relations Director, and a real estate consultant for First American Title Company of Nevada. But since 198

The Bottom for the Las Vegas Real Estate Market Has Finally Arrived!

Glenn Plantone -- Real Estate Investment Expert — Wed, 27 May 2009 17:21:00 GMT
The moment we have all been waiting for…for the past two years… has finally arrived! You will not hear about this on the national news…yet…because the news sources are always well behind when reporting trends. You will h

How to Invest Profitably in Foreclosures

Glenn Plantone -- Real Estate Investment Expert — Mon, 18 May 2009 22:53:00 GMT
Within the realm of real estate investing, each type of investment (foreclosures, fixers, land, REITs, etc) has its good and bad times to buy. To be a successful investor you need to be able to identify not only which type of investment is the best a

Recent Auction of MGM Signature Towers High Rise Units Sets New Low Comp Values

Glenn Plantone -- Real Estate Investment Expert — Tue, 28 Apr 2009 14:31:00 GMT

I recently attended the public auction held to sell 20 units in the three MGM Signature towers located just off the Las Vegas strip. The auction was held on April 21st and was attended by about 125 people. All units were sold.

MGM ha

Trump Says Buy Real Estate!

Glenn Plantone -- Real Estate Investment Expert — Mon, 20 Apr 2009 15:08:00 GMT
Donald Trump, billionaire and real estate mogul, echoed what real estate agents have been saying for months in a recent appearance on Good Morning America. "This is a great time to go out and buy a home," he said. "You might even lose your one home a

Historic Investment Opportunities in This Economic Downturn

Glenn Plantone -- Real Estate Investment Expert — Wed, 01 Apr 2009 14:52:00 GMT
?I will tell you how to become wealthy. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.? Warren Buffet We are currently facing the greatest economic downturn since the Great Depression. Individuals and corporat

Las Vegas Real Estate Insider Club Celebrates 2 Year Anniversary

Glenn Plantone -- Real Estate Investment Expert — Wed, 18 Mar 2009 16:36:00 GMT
Wednesday March 10th was the two year anniversary of the Las Vegas Real Estate Insider Club founded by me...Glenn Plantone. The event was recently moved to the meeting room inside Tommy Bahamas at Town Center on the south Strip. We have already begun

Las Vegas a Hot Area for Investors Using IRA Funds to Purchase Real Estate

Glenn Plantone -- Real Estate Investment Expert — Thu, 12 Mar 2009 16:58:00 GMT
With the stock market continuing to weaken and real estate prices at their lowest in years, many investors are looking for ways to redirect their savings into real estate. Self directed IRAs are providing the answer that many savvy investors seek. Us

Government's Financial Stability Package Unlikely to Help Most Las Vegans

Glenn Plantone -- Real Estate Investment Expert — Mon, 09 Mar 2009 19:08:00 GMT
With much adieu the government announced on Tuesday February 10th that over $75 billion would be spent trying to help as many as 9 million American homeowners avoid foreclosure. This will be accomplished through government sponsored loan modificatio

Chief Economist Predicts Better Home Prices for Las Vegas

Glenn Plantone -- Real Estate Investment Expert — Thu, 26 Feb 2009 19:46:00 GMT
Several experts have weighed in recently on the state of the Las Vegas real estate market, and the consensus seems to be that the future looks bright. As an added bonus?the future may not be very far away. The first piece of good news came from Law

No New Building in Las Vegas Good News for Investors

Glenn Plantone -- Real Estate Investment Expert — Tue, 10 Feb 2009 16:24:00 GMT
I recently ran across an article (which will appear below) in the Las Vegas Review Journal that discussed the stall in new construction of apartments in the Las Vegas Valley. This lack on new construction is coming on the heels of falling rent prices

Las Vegas Real Estate Insider Club Talks About Foreclosures

Glenn Plantone -- Real Estate Investment Expert — Mon, 26 Jan 2009 20:13:00 GMT
The real estate insiders club of Las Vegas moved to a new location and held its first meeting of the year Wednesday night January 14th at Tommy Bahamas restaurant in the new Town Square plaza. The meeting was a huge success as investors, realtors, tr

Buying Foreclosures In Las Vegas Has Never Been Easier

Glenn Plantone -- Real Estate Investment Expert — Fri, 16 Jan 2009 14:24:00 GMT
BUYING FORECLOSURES IN LAS VEGAS HAS NEVER BEEN EASIER! In its January 11th, 2009 issue The New York Times heralded Las Vegas as its ?Frugal Destination of the Year,? proclaiming that ?Las Vegas has been buffeted by the economic crisis, and deals a

The Bottom is Here if not Already Here in Las Vegas Housing

Glenn Plantone -- Real Estate Investment Expert — Sun, 21 Dec 2008 15:04:00 GMT
Home prices peaked in the Las Vegas valley in early 2007. As the year progressed, foreclosures rose at a rapid and steady rate, but median home prices stayed relatively stable. This was a result of home owners and investors who, not wishing to face

Cash is King in Las Vegas Real Estate

Glenn Plantone -- Real Estate Investment Expert — Thu, 13 Nov 2008 18:23:00 GMT
Over the last 5 years I have sold a lot of real estate in many different markets nationwide. In 2003 droves of investors came into the Las Vegas market and purchased single family homes and condos. In 2004 the scene repeated itself in the Phoenix

Glenn Plantone -- Real Estate Investment Expert

Possible Revision to AB284 Could Re-Open Floodgates of Foreclosures in Las Vegas

Las Vegas Land Prices Fuel Surging Housing Market

Real Estate Backed Investments on the Rise Again

Real Recovery for Las Vegas Real Estate?

Helping the Housing Recovery - Part 2

Helping the Housing Recovery - Part 1

Wet N' Wild Returns to Las Vegas - Brings Promise for the Future

Chinese New Year Brings Prosperity for Real Estate Investing

Las Vegas Housing Ceases To Be A Drag

Calling The Bottom - Do I Get A Prize?

Announcing ?The Las Vegas Real Estate Reality Hour? With Glenn Plantone

Las Vegas Short Sales Continue to Rise As Banks Avoid Foreclosures

Mortgage Debt Forgiveness Act Extended Through 2013

Sellers' Market Persists in Las Vegas

Build It And They Will Come - Tony Hsieh's Downtown Las Vegas Dream

Foreclosure Frenzy Moves from Las Vegas to Atlanta

Now's The Time to Sell in Las Vegas!

Extending the Mortgage Debt Relief No Sure Thing

In Real Estate Good Things Come to Those Who Don't Wait

Blackstone Sees Window for Investing in Foreclosures Narrowing

Prices Continue to Rise in Las Vegas as Foreclosures Drag

Las Vegas Real Estate - Four Years Later

Expiring Bush Tax Cuts Include Mortgage Debt Relief Act

Timing the Bottom of the Market Proves Unimportant

Nevada Court Paves the Way for More Foreclosures

New Paths to Guaranteed Returns

Las Vegas, NV - Real Estate Agents Wanted!

8% Returns on Hands Off, Secure Real Estate Investments

Judicial Foreclosures Fuel Speculation on the Future of Home Prices in Las Vegas

Bulk REO Package Available for Purchase in Las Vegas

Property Management - The Glue That Keeps Us Together

Silver Lining - The Investment Opportunity Lurking Behind AB 284

Declining Foreclosures Push Home Prices to Rise in Las Vegas

Las Vegas Builders Rush to Fill Housing Gap

New Program Provides $15K To Down Payment for Qualified Home Buyers

Las Vegas Real Estate In For Another Roller Coaster Ride

What Is Trust Deed Investing?

Seeking Mortgage Lender for 70% LTV Cash Out Refis in Las Vegas

The Last House In Las Vegas (Tales of AB 284)

Another Bulk REO Transaction in Las Vegas

Buy and Hold: It's the New Flip

Glenn Plantone and Ron Aldinger Guests on Veterans' Talk Radio

Driven by Short Sales Las Vegas Resale Real Estate Hits Record Mark for 2011

Glenn Plantone Featured in CNN Money - Is Las Vegas' Housing Making a Comeback?

CHASE Bank Opens Las Vegas Foreclosures to Investor Buyers

Bulk Foreclosure Real Estate Deal Closes in Northwest Las Vegas

Finally...Loans for Canadian Investors Looking to Purchase U.S. Real Estate

Glenn Plantone Opens Fixed Interest Program to Smaller Investments

Bank of America Agrees to Short Sale Substitutions

An Open Letter to Appraisers In the Las Vegas Real Estate Market

Double Dip? Probably, But That Shouldn?t Scare Real Estate Investors Away

Las Vegas Real Estate: A Matter of Perspective

MGM Signature 3rd and 4th Quarter Update 2010

Observations: The Las Vegas Foreclosure Market for Summer 2011

What is a Good CAP Rate? What Makes a Good Return on Investment?

Understanding CAP Rate, Return on Investment (ROI), And Equity Return Rate

What is a Participating Mortgage?

'Flip This House' Las Vegas Style

New Loan Program Makes It Possible for Non-U.S. Citizens to Borrow for Second Homes in the U.S.

Free Night at MGM Signature for Real Estate Investors

MGM Signature Hotel Condos 4th Quarter 2010 Update

Looking For Turn Key Investment Properties In Las Vegas? Looking to Invest IRA or 401K Dollars In Cash Flowing Real Estate?

Las Vegas Home Sales Fall in 2010...But For Interesting Reasons

Las Vegas Foreclosure Listings Present IRA Investment Options

Real Estate Investing in Las Vegas Returns to Historic Trend

New Ways for Las Vegas Mortgage Brokers to Earn Commissions

Bank of America to Resume Foreclosures After Final Quarter Hiatus

Glenn Plantone is the 4th Busiest Buyers? Agent in All of Clark County, Nevada!

MGM Update 3rd Quarter 2010

Come Visit Las Vegas to Buy Real Estate and Stay at the MGM Signature for Free!

REOs Depleted at MGM Signature Condos - Glenn Plantone Once Again Offers Lowest Priced Strip Studio at $144K

For Investors Seeking a Secure 24% Return

Glenn Pantone to Join Wynn Realty Group

MGM Signature Towers is Offering Fractional Ownership Opportunities For the First Time!

MGM Signature Towers Second Quarter Update

CNN Money Labels Glenn Plantone One of the New Vulture Investors? Oh Well, I?ve Been Called Worse

What is Transactional Funding and Why Do We Need It In Order to Flip Properties in Las Vegas?

Flipping Short Sales In Las Vegas Provides a Win-Win-Win Situation in 2010

Transactional Funding Proves Profitable for Investors