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.
@TheBrokerLife4 ай бұрын
But then you don’t get an owners closet lol 😂 jk
@MH_61604 ай бұрын
@@TheBrokerLife hahaha.
@mjs28s4 ай бұрын
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)
@CardioKing4084 ай бұрын
@@mjs28shave to reserve 60-90 days in advance.
@thomasallen69804 ай бұрын
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.
@alainportant64124 ай бұрын
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
@JackBushnellVideos4 ай бұрын
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.
@alainportant64124 ай бұрын
@@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.
@JackBushnellVideos4 ай бұрын
@@alainportant6412 I wouldn't even take a dump in that dump.
@TheBrokerLife4 ай бұрын
To each their own.
@alainportant64124 ай бұрын
@@TheBrokerLife Well it's pretty gay bro.
@sw4841Ай бұрын
Toooo many fees… 1245 a month hoa!!!! Fuck that
@TheBrokerLifeАй бұрын
And that’s low for a hotel condo 1br most are higher 🫣
@ponetastic4 ай бұрын
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
@TheBrokerLife4 ай бұрын
That’s lucky! 🍀
@AMXhotrod4 ай бұрын
Is that in Rubles or dollars, asking for a friend...
@TheBrokerLife4 ай бұрын
LOL its in Bitcoin 🤑
@HoaPham-wl1qe4 ай бұрын
Great video.
@TheBrokerLife4 ай бұрын
Thanks!
@JackBushnellVideos4 ай бұрын
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.
@TheBrokerLife4 ай бұрын
Yes you can get financing with 25-30% down. I just closed a studio with 30% down in trump.
@michaelalan12704 ай бұрын
that's more than I pay for a 3000 sq ft house in CA
@TheBrokerLife4 ай бұрын
Houses and condos have drastically different HOA costs.
@alberthodge6314 ай бұрын
your picture is blocking the screen ???????
@TheBrokerLife4 ай бұрын
Is that a question or statement…. lol will try and catch that next time
@VegascoinVegas4 ай бұрын
SWIFTIES FOR BIDEN 2024! Heart Hands! Luv U!
@TheBrokerLife4 ай бұрын
haha 🙉🙈🙊
@VegascoinVegas4 ай бұрын
@@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
@JDSpartan20074 ай бұрын
All this money goes to Russia or for Trump's legal fees.
@TheBrokerLife4 ай бұрын
That’s an interesting thought. 🤔
@rockefellersworld29684 ай бұрын
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
@JackBushnellVideos4 ай бұрын
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.
@CardioKing4084 ай бұрын
@@JackBushnellVideosmore like $6-8K.
@TheBrokerLife4 ай бұрын
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.