That's insane. $628 for a studio and $1245 for 1bedroom are rental prices. Why would anyone spend 300k to 600k and still pay those rental prices every month ? Is the bar free of charge ? Does the building comes with free use women in the doorways ? Because that's the only thing that would justify that madness
Not near the Strip and not this nice. There is currently one studio available near the Strip for $800/month. It's at 2619 Sherwood and it's a shitter. Not a well appointed high rise with strip views, security at elevators, a spa, etc. Also not that close to the Strip. There is a studio for rent at Trump right now for $2500/month. Still way cheaper that similar condos at Vdara, Waldorf, Veer, or even The Martin, which all have double the HOA.
@@JackBushnellVideos would be proud to live at 2619 Sherwood. Only then you get to witness the traditional American architecture and experience the authentic urban lifestyle. It looks so typical and not standardized like those international type hotel buildings. Not saying these aren't nice, but with those big name brands like Waldorf you get the same experience whether you're in Vegas or Amsterdam and that's an loss in my book. 2619 Sherwood also has a speedy-mart right up the street and some well rated restaurants including Hawaiian and Korean foods all within walking distance making it a very authentic neighbourhood and American experience. There is also a golfing park right next to it if you want to golf or just enjoy the scenery with your pets and mingle with the locals in a true American fashion and maybe even meet women.
@@TheBrokerLife I tried. Pretending to be a Taylor Swift fan is not only a good way to get your comments promoted on the platform but it is a magnet for more comments and replies. I expected better results
once when i was visiting vegas i went to the top of this building to see if there was an observation deck. it was only two private units but they happened to be showing one of them at the time. The guy let me come in and check the penthouse unit out. it was pretty swank. i think they wanted 2 mil for it. fun trip
With the cost of purchasing the unit, HOA fees, and only collecting 40% of renting out the unit, it would make sense just to pay the hotel fee and be a guest.
If you are an owner you can just come and go as you please. No reason to ever call for a reservation, never concerned about knowing what room you will get or if they are booked up or not. And, if you like Vegas and want to come and go as you please then buying one removes lots of potential issues with the biggest being the massive price swings for rooms in Vegas depending on the day of the week, shows going on, some local event (F1, NFL, NHL, trade shows, etc)
Why would anyone be stupid enough to buy something attached to someone's name? Half of your net worth is reliant upon someone else's behavior. Not for me. I dont trust people enough for that kind of relationship.
Is there any chance of financing one of these units or are they all-cash deals? I go to Vegas 6x a year and would love to have in the hotel program on the popular weekends, and I'll go when its dead.
Can you really make money on these units? Theres alot of fees i dont see how there can be a whole in the market when you chasing just to cover HOA im sure trump owned units gets rented first before anyone else's
From what I've read online from owners, the units generally throw off $10-15k a year after HOA fees if in the hotel program. Not a great annual return, but not nothing.
yes but its not a cash cow. You would get around 2-3% after expenses if you pay cash. These are more trophy properties and luxury units to have in a portfolio.
Is that in Rubles or dollars, asking for a friend...
LOL its in Bitcoin 🤑
That's insane. $628 for a studio and $1245 for 1bedroom are rental prices.
Why would anyone spend 300k to 600k and still pay those rental prices every month ? Is the bar free of charge ? Does the building comes with free use women in the doorways ?
Because that's the only thing that would justify that madness
Not near the Strip and not this nice. There is currently one studio available near the Strip for $800/month. It's at 2619 Sherwood and it's a shitter. Not a well appointed high rise with strip views, security at elevators, a spa, etc. Also not that close to the Strip. There is a studio for rent at Trump right now for $2500/month. Still way cheaper that similar condos at Vdara, Waldorf, Veer, or even The Martin, which all have double the HOA.
@@JackBushnellVideos
would be proud to live at 2619 Sherwood.
Only then you get to witness the traditional American architecture and experience the authentic urban lifestyle. It looks so typical and not standardized like those international type hotel buildings.
Not saying these aren't nice, but with those big name brands like Waldorf you get the same experience whether you're in Vegas or Amsterdam and that's an loss in my book.
2619 Sherwood also has a speedy-mart right up the street and some well rated restaurants including Hawaiian and Korean foods all within walking distance making it a very authentic neighbourhood and American experience.
There is also a golfing park right next to it if you want to golf or just enjoy the scenery with your pets and mingle with the locals in a true American fashion and maybe even meet women.
@@alainportant6412 I wouldn't even take a dump in that dump.
To each their own.
@@TheBrokerLife Well it's pretty gay bro.
SWIFTIES FOR BIDEN 2024!
Heart Hands! Luv U!
haha 🙉🙈🙊
@@TheBrokerLife I tried. Pretending to be a Taylor Swift fan is not only a good way to get your comments promoted on the platform but it is a magnet for more comments and replies. I expected better results
once when i was visiting vegas i went to the top of this building to see if there was an observation deck. it was only two private units but they happened to be showing one of them at the time. The guy let me come in and check the penthouse unit out. it was pretty swank. i think they wanted 2 mil for it. fun trip
That’s lucky! 🍀
With the cost of purchasing the unit, HOA fees, and only collecting 40% of renting out the unit, it would make sense just to pay the hotel fee and be a guest.
But then you don’t get an owners closet lol 😂 jk
@@TheBrokerLife hahaha.
If you are an owner you can just come and go as you please. No reason to ever call for a reservation, never concerned about knowing what room you will get or if they are booked up or not. And, if you like Vegas and want to come and go as you please then buying one removes lots of potential issues with the biggest being the massive price swings for rooms in Vegas depending on the day of the week, shows going on, some local event (F1, NFL, NHL, trade shows, etc)
@@mjs28shave to reserve 60-90 days in advance.
Why would anyone be stupid enough to buy something attached to someone's name? Half of your net worth is reliant upon someone else's behavior. Not for me. I dont trust people enough for that kind of relationship.
Is there any chance of financing one of these units or are they all-cash deals? I go to Vegas 6x a year and would love to have in the hotel program on the popular weekends, and I'll go when its dead.
Yes you can get financing with 25-30% down. I just closed a studio with 30% down in trump.
All this money goes to Russia or for Trump's legal fees.
That’s an interesting thought. 🤔
that's more than I pay for a 3000 sq ft house in CA
Houses and condos have drastically different HOA costs.
your picture is blocking the screen ???????
Is that a question or statement…. lol will try and catch that next time
Can you really make money on these units? Theres alot of fees i dont see how there can be a whole in the market when you chasing just to cover HOA im sure trump owned units gets rented first before anyone else's
From what I've read online from owners, the units generally throw off $10-15k a year after HOA fees if in the hotel program. Not a great annual return, but not nothing.
@@JackBushnellVideosmore like $6-8K.
yes but its not a cash cow. You would get around 2-3% after expenses if you pay cash. These are more trophy properties and luxury units to have in a portfolio.
Great video.
Thanks!
They should have an incentive for property owners living in lower floors. 💭
I would assume the Incentive would be the lower entry price of the unit. Right?