Commercial REOs, Commercial Foreclosures, and Bank-Owned Property

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Real Estate Agent - ALL Vegas Valley Realty
Warning: Reading Ron Costa's blogging ideas and information may cause a quick increase in blood pressure and perhaps allergic reactions to information you've never encountered before. Read at your own risk In addition, find out more about recession proof investments that can take the worry out of the volatile economic conditions that exist today.
RECENT BLOG POSTS
On the heels of my last post regarding real estate resources for those poker players playing in this year's World Series of Poker, I deciding to visit the WSOP tournament myself yesterday to see what was on the World Series of Poker Schedule for the evening - and the schedule should have mentione...
06/11/2008
As most of you probably know, the World Series of Poker (WSOP) is currently being played from Thursday, May 29, 2008 to Monday, July 14, 2008  at the Rio Hotel & Casino in Las Vegas, Nevada. As most of you probably don't know, there are a few members of the Las Vegas Wealth Group in attendance at...
06/09/2008
Still don't know where to invest your money these days? Perhaps you should consider applying for membership in BPVWest's REO/preconstruction syndicate investor group. I've been an affiliate of the investor group for the past couple of months now and have seen them do some amazing things already -...
06/09/2008
That's right - there's a "Real Steal Deal" (RSD) on a 16th floor, 1 bedroom, high rise condo hotel unit at the Platinum condotel which I just toured myself this morning. At the price-points that most of the condo hotels in Las Vegas are selling for, you'd be hard pressed as an investor to positiv...
06/06/2008
It's been a while, so let's play it again. Back by popular demand, It's called "Guess the View". Can anyone tell me the name of the Las Vegas high rise condo project where this rooftop picture was taken: As a post-script to this photo, I have to tell you I just recently toured this high rise buil...
06/02/2008
Remember my recent post regarding how you can buy REO Bank Foreclosures at significant discounts? The group is now looking for additional investors to take part of their next foreclosure package directly from a major bank - a $5.3 million dollar REO package at 25 cents on the dollar.Read the pres...
05/20/2008
According to an article written by Jennifer Forsyth and published in the May 9th edition of the Wall Street Journal, Cosmopolitan "developer" Ian Bruce Eicher and representatives of Deutsche Bank were in discussions that were expected to end with Eichner surrendering all involvement with the Las ...
05/16/2008
This just in: My investor group just got another REO package from a major bank consisting of $5.3 million dollars worth of foreclosed real estate properties which they are purchasing from the bank for 25 cents on the dollar. The group is looking for additional investors to take this package down ...
05/12/2008
I have a unit owner in the Legacy high rise in Biloxi, Mississippi that is loosing his unit to the IRS. This 1,852 square foot unit is going for $475,000 and is GO Zone qualified. How good a deal is this? Well, for starters, this same unit was sold in 2006 for $725,000 and the developer close out...
05/05/2008
Guess what folks? It looks like the Las Vegas Market finally hit rock bottom in the end of January, at least according to the April Economy in a Glance in In Business Las Vegas. In fact, I just heard about how one real estate office in town wrote up seventeen offers during the weekend. Rumor also...
04/28/2008
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Ron Costa

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Warning: Reading Ron Costa's blogging ideas and information may cause a quick increase in blood pressure and perhaps allergic reactions to information you've never encountered before. Read at your own risk