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Penthouse Short Sale MGM Signature One Bedroom Suite 02 stack Las Vegas Real Estate distressed sale

  Рет қаралды 21,955

The Broker Life

The Broker Life

Күн бұрын

Пікірлер: 46
@WilliamInternational
@WilliamInternational 5 ай бұрын
1580 hoa? Hard pass, a lot of builders manage the buildings after the sale and make big money on these fees. That unit needs a 100k remodel. I’m with the other commenter, move to a condo in Phuket Thailand for 100-200k or rent for 5-600 a month, enjoy your life, stop being a slave to payments.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
I agree with staying below your means 👍
@tommyboy1971
@tommyboy1971 5 ай бұрын
Good walk through. Thank you. As many have pointed out, the unit needs a total refresh likely in the neighborhood of $75K-$100K and the HOA is a killer here. My condo HOA (on the south end of The Strip) has double in the past five years. They never go down. And, it's always fun to get a $500 special assessment on top of the HOA--not unusual for older buildings like these in need of new air conditioner units, and other updates. In addition, this is attached to the MGM Grand. While that might seem cool for visiting Vegas, I'd prefer not to live surrounded by tourists and short term rentals. Ugh. Traffic, noise, and a host of other issues drove us away from these towers. Moving just ten minutes away creates a much better standard of living...
@TheBrokerLife
@TheBrokerLife 4 ай бұрын
Just depends on your personal preference. 👍
@tommyboy1971
@tommyboy1971 4 ай бұрын
@@TheBrokerLife That's true. However, if these HOA's keep rising it's going to be impossible to find buyers. That's not personal preference, that's just a fact. A colleague of mine here in Vegas just looked at a couple 2 bed/2 bath units here and I think he said the HOA's were around $2,250 a month? For this building? For a vacation unit? You might as well stay at a suite in the MGM Grand hotel next door. Probably be cheaper and less hassle.
@bidensucks6792
@bidensucks6792 5 ай бұрын
I worked at this place, I don't recommend staying, working, living or owning in those towers! Definitely a bate and switch situation, looks good but it's deceiving!
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Tell me more! What’s the dirt!? 😃
@rickjobs638
@rickjobs638 5 ай бұрын
Looks like your at the mercy of MGM but, I have no clue. SO TELL US THE DIRT.
@bistro888
@bistro888 5 ай бұрын
Agreed. 100%
@Fskelton
@Fskelton 5 ай бұрын
Hi there, is that a Induction cooktop? Just curious. Thanks unit looks amazing! WOW
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Good question and I actually don’t know for sure. I’m assuming it is not as I believe induction was more wide spread after this tower was built.
@ruffriffing247
@ruffriffing247 5 ай бұрын
I rather buy a beach front property in Thailand for 100k
@VegascoinVegas
@VegascoinVegas 5 ай бұрын
I started getting tons of those videos in my feed, too. I'd never move there. But some of their filming is better than the Las Vegas property tours. There is a thing or two that can be learned.
@ceegee924
@ceegee924 5 ай бұрын
You like the lady boys?
@KevinS819
@KevinS819 5 ай бұрын
lol funny I was looking up condos to buy in thailand too and this video came up on my feed. I'm looking at mid 200k for a nice high rise beach front
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
If the location was not in Thailand I would pay $100k for a beach front property all day. 👍
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
I will have to take a look at these videos!
@Toannietravelingfoodie
@Toannietravelingfoodie 5 ай бұрын
I like the signature condo just wish they stop increasing the hoa.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
I know!
@billschaffer9976
@billschaffer9976 5 ай бұрын
What was the price?
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
As of now it was $400k and $22k in short sale fees to be paid by the buyer.
@techiescrapper
@techiescrapper 5 ай бұрын
These scare me now since that condo collapse in Florida
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Same! But I like to think todays building codes are much higher then the past.
@paullordi5154
@paullordi5154 5 ай бұрын
Hoa is ridiculous it better include everything
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
It doesn’t sadly most all though
@KevinS819
@KevinS819 5 ай бұрын
that 1500 hoa fee come with anything special like room cleaning?
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
The special thing that it comes with is the ability to do airbnb. That's the big thing for this as in Vegas it basically illegal everywhere unless you have a special license that is hard to get. Power is usually low cost maybe $50 a month cable and internet are a flat $35.
@MandalorianFanboy
@MandalorianFanboy 5 ай бұрын
If someone does actually buy this for $400k, they will also be doing s short sale at some point down the line. 😂
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Not a chance Mando lol
@bistro888
@bistro888 5 ай бұрын
damn the HOA is almost like the mortgage.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
If you rent it short term on your own it can go higher 😳
@bistro888
@bistro888 5 ай бұрын
@@TheBrokerLife I dont rent, all my property I bought. and also I dont spend money $1500 a month just for the HOA. I live in Tennessee but I do have property in Summerlin Las vegas is about 15 minute from the strip. for me is better investment then you buy condo on the strip with the HOA almost like the mortgage payment.its totally wasted.
@franksmith3602
@franksmith3602 5 ай бұрын
Keep working on your style. Your scattered. Get a poster board. Draw boxes. Start with how long the video will be. Divide, the box by how much time you will spend. And make a story board. List key areas, where you'll spend a few more seconds. That condo looked cheap, and fake, fake wood cabinets. You should know how old the mattress are. Stopping to show, 50 bucks of crap pots and pans is a waist of time. Try, dropping a marble in the tub and shower. Will the water drain right. Drop a marble on the marble floor, will it race to one side. How much have the utilities cost for the last three years. With all fees, HOA fees, how much will that junk condo cost a new owner... If over head is, $600 a day and it rents for $400.00 a day. There's the reason the current owner is dumping it fast. And get rid of your nerves laughter, sounds like a con man.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Thanks for the creative criticism Frank. lol
@Jason-ml3vs
@Jason-ml3vs 5 ай бұрын
A lot of it is very dated.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
Agreed!
@tabbycat8511
@tabbycat8511 5 ай бұрын
THE PRICE! THE PRICE! Twelve and a half minutes and NO PRICE. Some salesman who doesn’t know price is everything. Guess you don’t even want us to know. Downvoted for DUH.
@TheBrokerLife
@TheBrokerLife 5 ай бұрын
DESCRIPTION! DESCRIPTION! If you read the description it tells you what you need to know. $400k plus’s secret fees they don’t put in the price that are around $23k Also Downvoted for DUH 🙄 😂
@techiescrapper
@techiescrapper 5 ай бұрын
I feel like it will be seriously overpriced. The HOA price means the price for the condo is outrageous
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