Want to Move to Las Vegas?

Discuss all things Las Vegas. Hotels, restaurants, good deals, airfares, cabbies, conventions, shows, etc.
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DougJ
Senior Member
Posts: 373
Joined: Sun Apr 13, 2014 9:54 pm

Re: Want to Move to Las Vegas?

Post by DougJ »

Just as some people are quick to condemn Florida Phil for giving out gambling advice that others may follow, likewise these same folks should avoid this thread lest, heaven forbid, someone thinks the renter is "good advice."

billryan
Video Poker Master
Posts: 4286
Joined: Thu Jan 15, 2009 1:20 pm

Post by billryan »

Feel free to avoid this and any of my threads. We will manage.

case
VP Veteran
Posts: 720
Joined: Thu Feb 10, 2011 7:37 am

Post by case »

DougJ wrote:
Thu Jul 11, 2019 3:23 pm
Just as some people are quick to condemn Florida Phil for giving out gambling advice that others may follow, likewise these same folks should avoid this thread lest, heaven forbid, someone thinks the renter is "good advice."
Do you ever have anything nice to say?

notes1
Video Poker Master
Posts: 3143
Joined: Thu Jan 28, 2010 12:18 am

Post by notes1 »

case wrote:
Thu Jul 11, 2019 7:28 pm
DougJ wrote:
Thu Jul 11, 2019 3:23 pm
Just as some people are quick to condemn Florida Phil for giving out gambling advice that others may follow, likewise these same folks should avoid this thread lest, heaven forbid, someone thinks the renter is "good advice."
Do you ever have anything nice to say?
i have read posts of yours that criticizes others for giving poor math advice about VP.

Carcounter
Video Poker Master
Posts: 1717
Joined: Fri Jan 16, 2009 4:02 pm

Post by Carcounter »

Can't we just get along? - Rodney King

onemoretry
Video Poker Master
Posts: 2383
Joined: Tue Mar 03, 2009 8:00 pm

Post by onemoretry »

notes1 wrote:
Thu Jul 11, 2019 9:12 pm
i have read posts of yours that criticizes others for giving poor math advice about VP.
Are you suggesting that people who give poor math advice should not be corrected?

notes1
Video Poker Master
Posts: 3143
Joined: Thu Jan 28, 2010 12:18 am

Post by notes1 »

"Land ,housing or even homes can be a decent investment. Just not in Vegas."/ BR


if someone who gives poor vp advice should expect to be corrected, then someone who states inaccurate financial facts (proven over the past 5 years), should also expect to be corrected.

that is the basis on which dougj made his comments, not that he never has anything nice to say.

billryan
Video Poker Master
Posts: 4286
Joined: Thu Jan 15, 2009 1:20 pm

Post by billryan »

I'm really trying to figure out if you are stupid or simply hate me?
First you lie about me and then cant even admit you were wrong calling me a baby killer.
You posted some nonsense about a one bedroom house going up in value over a single five year period and claim that proves something?
I suppose you think Lucent is a good investment. I can show you a five year period where it exploded.
Since you so diligently researched the market for one bedroom houses in Las Vegas, is this house you are basing everything on worth more today than it was in 2007/2008?
A simple question for someone who has extensively researched the market.

billryan
Video Poker Master
Posts: 4286
Joined: Thu Jan 15, 2009 1:20 pm

Post by billryan »

Here is what a top real estate site says about Henderson:
Henderson real estate appreciated 52.51% over the last ten years, which is an average annual home appreciation rate of 4.31%, putting Henderson in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Henderson definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

An annual appreciation rate of 4.3% over the last ten years? That's above inflation but if that is your main investment , you are hosed. That's in Henderson, which is in the TOP TEN in the nation.
Which means 90% of the nation had returns of less than 4.3% a year.
Stocks are up over 300% plus any dividends one might get in the same period. Reinvested dividends earn dividends on dividends. Your house earns what again?

Here's the thing.
In three years of looking, I didn't find one real estate investment in Vegas that checked off every box on my list. In two weekends in Bisbee, I found four.
In three years, my investments minus my rent allowed me to buy two of them outright with twenty grand left over towards my purchase of this.
https://www.coldwellbankerhomes.com/az/ ... _29811632/

In the end, I'm happy. Dougie J is happy with his paper profit and you are still miserable.
Howz that working out for you?

notes1
Video Poker Master
Posts: 3143
Joined: Thu Jan 28, 2010 12:18 am

Post by notes1 »

-my most recent post was directed to those who commented that dougj only makes negative posts. just like those who constantly criticize any mistake about VP math, he is only disputing false data that r/e is a bad investment in vegas area, for the time period in question. the data supports him.
-why quote r/e data for 10 years, when you have only lived there for less than half that time. the data i provided, came from a national r/e source, based on a single person, with limited means, buying a home, within the time period in question. it took about 5 minutes to locate this info.
-if the r/e listing you enclosed, sells at the price listed, then the person who bought the same property, just 3 years ago, made a $55k real gain, less expenses.
-you never mentioned divs before in your other stock return posts. that is, until you read it in my posts. were you even aware that divs are not always included with index returns?

i have never given out advice on playing VP. i have stated i have lost money at the casino for most years i have played. i know my limits on giving advice. others should know their limits on giving advice.

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