Articles by March, 2011

How to Lose $ 500,000 in Las Vegas Real Estate

by Administrator on Mar 6, 2011 • Property Appraisal • 2105 Views

A short discussion of some real property pitfalls in 2011 from a Las Vegas / Henderson commercial appraiser. It's not often that I am surprised by the results of my appraisal analyses, but there are times when I am, and I just wanted to pass along information on a recent assignment . . maybe it will save someone from financial disaster.  Recently I completed a report on a nearly new, vacant (grey shell) office building.  Without disclosing too much, I can say that it was a building with above average construction quality and it had a good location just off of a major arterial roadway.  Most real estate agents would describe it was an impressive structure that has a lot of potential. 

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