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American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes.As of December 31, 2019, the company owned 52,552 homes in 22 states.
The median rent for a two-bedroom apartment in Las Vegas has swelled to $1,487, according to Zillow, while a two-bedroom house (or a typical starter home) rents for a median monthly price of $1,890.
In comparison, the median rental rate per square foot in New York was $2.67; in Las Vegas, it was $1.20. [3] The 2018 median home price in Silicon Valley was $1.18 million, a 21% increase from 2017. [ 3 ]
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Flip location: Las Vegas, Nevada The Marundes decided to rent the property for 6 months before selling it, and made $9,000 in rental income. They then listed the property and sold it. The $37,280 profit includes the $9,000 in rental income.
Juhl is a mixed-use property in downtown Las Vegas, Nevada. It features six residential buildings, including a 15-story condominium tower, in addition to restaurants and retailers. Groundbreaking took place in 2006, but construction delays pushed the opening back more than a year.