This Las Vegas woman could be kicked out of her home at any time
Update: After CNN aired a story about her potential eviction, Dasha Kelly clarified to CNN that she is not the mother of the three children featured in the story. CNN has verified she takes care of the children in her home for periods of time. She says she originally described herself to CNN as a mother because she considers herself to be like one to them.
CNN has learned the children are also cared for by their mother, Shadia Hilo, and their father, David Allison, who is Kelly's boyfriend.
GoFundMe tells CNN they are in close contact with Kelly and funds will stay on hold until they verify her information. GoFundMe says no funds have been withdrawn.
Las Vegas (CNN)When CNN knocked on her door, Dasha Kelly panicked, thinking the eviction she's been dreading was finally at hand.
"You guys honestly freaked me out this morning when you knocked," she said.
Kelly -- who was in the apartment with her boyfriend's three daughters, Sharron, 8; Kia, 6; and Imani, 5 -- is living on borrowed time.
She is two months behind on rent at her two-bedroom Las Vegas apartment. The eviction notice she received is kept in a drawer in the kitchen, out of sight but top of mind.
"I'm really thinking they're coming at any moment."
House Democrat sleeps on Capitol steps as she blasts lawmakers over expiring eviction moratorium
House Democrat sleeps on Capitol steps as she blasts lawmakers over expiring eviction moratorium
The federal eviction moratorium that was helping to keep renters in their homes through the pandemic expired Saturday at midnight, paving the way for landlords to vacate tenants that are past due on rent. States are stepping up to help stave off a mass eviction, but not everyone can be reached or helped in time.
https://docs.google.com/presentation/d/10u1wKM5qj_5IMnAIFF69_AGFxsQecPfzuIVJmVFlxM8/edit?usp=sharing
Real Estate Investing Ins And Outs For You To Get Knowledge About
If you thought you were going to just make the decision to be a real estate investor without much knowledge, then you're better off forgetting the venture. However, if you're excited about doing it and educating yourself about making smart decisions when it comes to real estate investing, then you are prepared to move in the right direction. Let this article help you build up your knowledge base.
Marketing will be crucial to your success. Marketing is what generates your leads. Without solid leads, you are not going to find good deals on properties. Therefore, if something is not working in your investment plan, turn to your marketing strategy first to see what is going on and what can be adjusted.
Go into the meetings that you have with potential investors with a positive mindset, but understand that a negative outcome is possible. Always have a jovial, but businesslike personality to get the people who want to invest to like you. This will go a long way and make your potential investors more comfortable.
Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor.
Devote the time required to manage your business, as well as the time to continue learning everything you can about the field. You may want to spend some extra time on learning how to become a good investor, especially if this is something you plan on making money with. Give up a couple of pastimes so that you can be the best possible investor.
Try not to overextend yourself. Don't get overeager. Start small and work your way up. Don't just assume that you can spend a great deal and make that money back. That's an easy way to back yourself into a corner. Wait until your smaller investments can fund some of your more ambitious ones.
Figure out your opportunity costs. Rehabbing properties may be fun to you, but is it really worth your time? Would you be better off finding an alternative property? If there is a chance to outsource the labor, do it. Keeping your time free allows you to focus on the important angles for your business.
Never invest too much money in the beginning as this can cause a lot of problems down the road. Overextending yourself can lead to problems with your savings plans and prevent you from buying great properties in the near future. Develop the proper budget and follow it to a tee.
Broaden your horizons and consider investing in properties for businesses, instead of only homes. Business locations can turn into long-term rentals, which makes them profitable and safe. A strip mall, for example, may increase your capital gains tenfold.
You want to try and think about what properties are going to see a value increase when you are making investment decisions. An area close to a business district can likely be worth more in the future. Try to think about long term prices and estimate how much they will increase, which will improve your prospect for investment.
Don't buy your real estate in a neighborhood that's bad. Be sure you're noticing the location where you're buying your property. Do some research. A home may seem like a great deal until you realize it is located in a bad neighborhood. You might have trouble reselling, and vandalism may be problematic.
Know the opportunity cost of your time. You could love rehabbing, but it worth any manual labor involved? Would you be better off looking for a less time consuming opportunity? If you can outsource certain jobs, then you should do so. Keeping your time free allows you to focus on the important angles for your business.
Try seeking out a company involved in property management. Although it'll cost some of the profits you make, it can be well worth it. The company that does the property management will screen potential renters and deal with costly repairs. This will allow you to focus on other potential money makers.
Survey the market often so that you can see when trends are beginnings so that you can get in on chances like that when the opportunity for profit is the best. When you see that there is a demand for a certain type of property, then you know what types of properties you have the best chance of profiting with.
Look at local regulations and laws before investing. Legal stipulations vary between towns, so you should know this ahead of time. Before you put down any money, make sure you contact all necessary officials and are aware of and compliant with any relevant regulations.
If you don't mind keeping a property for a long time, buy properties in heavily foreclosed areas. These houses can generate a large profit over time. Remember that it may take time before you get the money you invested back.
If you've lost money on an investment, take the time afterwards to understand why it happened. Look at your books and see where you went over-budget. Think about the things that you could have done differently to keep the numbers in check. Since big money is involved here, you need to learn as much as you can from your own mistakes.
If the area you are looking at seems to have a lot of vacancies or the city seems to be in decline, avoid it. Instead, invest your money in real estate located in stable, well-established, growing cities. In this way you can be sure your investment will continue to grow in value. Real estate located in a depressed area is bound to cost you money and cause you headaches.
Is the value of property increasing? Are rentals full? Think about these things when you decide what to do with property. If you will flip the home, purchasing on the low side is important. Making unrealistic goals could lead to vacant properties and money loss.
You can sometimes use certain times of the year to your advantage. There are times when properties sales are at their lowest due to the time of the year. This is when you have the advantage as a buyer and can use that to your advantage to find motivated sellers who need to sell quickly.
Looking around, you probably know a lot of people who made good money with real estate here investing, and now you know why. Use the tips you've read here. Invest in real estate wisely. You will quickly find your comfort zone. You will be able to enjoy the money you have made.
Bear Real Estate Advisors Represents Cypress West Partners in Acquisition of Las Vegas Medical Office Building Portfolio
LAS VEGAS, March 21, 2022 /PRNewswire/ -- Bear Real Estate Advisors, a national investment services firm, announced today its representation of Cypress West Partners in the acquisition of a four-building, multi-tenant medical office building portfolio in the Las Vegas suburb of Henderson, Nevada. Total sale price for the portfolio totaled $17.1 million.
"Medical office buildings are prized among real estate investors as they are historically among the most stable asset types," said Matt Bear, founder and chief executive officer of Bear Real Estate Advisors. "Wigwam Professional Center is ideally located in the densely populated and affluent Green Valley neighborhood of Greater Las Vegas, where demand for healthcare services continues to grow along with the population."
Built between 1998 and 2002, the portfolio totals approximately 50,000 square feet and is 100% leased. Located at 2500, 2510, 2625 and 2649 Wigwam Parkway, the portfolio is located in close proximity to Parkway Surgery Center and St. Rose Dominican Hospital, with convenient access to Interstate 215.
Chris Cumella, partner with Cypress West, added, "Acquiring the Wigwam Professional Center furthers our aspiration of being the premier medical investor in the Las Vegas Valley. This property fits our unique skill set of building relationships with the local medical practitioners and providing risk-adjusted return to our investors. We appreciate Bear's knowledge of our investment objectives, and for being a trusted source to help us reach our company's goals."
https://docs.google.com/presentation/d/10u1wKM5qj_5IMnAIFF69_AGFxsQecPfzuIVJmVFlxM8/edit?usp=sharing