We are proud to share the success story of one of our clients at HYDE Real Estate Group, who started their journey as a first-time investor in late 2020. As a young professional with fresh capital, they were driven to maximize their investment returns. Using our expertise, we evaluated market options and conducted comprehensive analyses on several properties, identifying a promising opportunity—a modest building in Las Vegas. After thorough market analysis and strategic negotiations, we secured this property for $420,000, well below the asking price, and negotiated additional concessions due to its condition.
Over the following years, we stayed in close contact, advising on market trends, rental adjustments, and regulatory updates, ensuring our client was well-positioned to capitalize on their investment. By early 2024, the property had appreciated by 40%, a testament to our client's smart investment and our tailored guidance.
Seeing the potential for further growth, our client decided to expand their portfolio. We efficiently marketed the original property, attracting multiple offers and ultimately closing above the listing price. We are now assisting our client in executing a 1031 exchange, a strategy that will allow them to double their portfolio size while deferring capital gains tax. With projected returns exceeding a 7% capitalization rate, our client is on a clear path to continued investment triumph.
North Las Vegas, NV 89030
We are proud to share the success story of one of our clients at HYDE Real Estate Group, who started their journey as a first-time investor in late 2020. As a young professional with fresh capital, they were driven to maximize their investment returns. Using our expertise, we evaluated market options and conducted comprehensive analyses on several properties, identifying a promising opportunity—a modest building in Las Vegas. After thorough market analysis and strategic negotiations, we secured this property for $420,000, well below the asking price, and negotiated additional concessions due to its condition. Over the following years, we stayed in close contact, advising on market trends, rental adjustments, and regulatory updates, ensuring our client was well-positioned to capitalize on their investment. By early 2024, the property had appreciated by 40%, a testament to our client's smart investment and our tailored guidance. Seeing the potential for further growth, our client decided to expand their portfolio. We efficiently marketed the original property, attracting multiple offers and ultimately closing above the listing price. We are now assisting our client in executing a 1031 exchange, a strategy that will allow them to double their portfolio size while deferring capital gains tax. With projected returns exceeding a 7% capitalization rate, our client is on a clear path to continued investment triumph.