Buy Low Sell High

Pop quiz time (relax it's easy)!

What's is the first rule of any investing?
Buy low and sell high. (See I told you this was easy).

Question two: What are the three most important things to note when buying Real Estate?
Location, location, location.

Why am I quizzing you today? Because as Congress debates the size of the rebate check they want to send you as part of their 'stimulus package,' I have a suggestion if you decide to take matters into your own hands and make some real green.

You have no doubt all heard of the current sub-prime lending mess and how housing sales are slumping. But savvy investors will tell you look which direction 99 percent of people are moving and then move in the opposite direction. 

Here's something you may want to think about: Did you know the number of single-family homes listed for sale in Las Vegas dropped from 23,494 in November to 22,005 in December according to the Greater Las Vegas Association of Realtors? Also, the median price for condos is down 5.1% compared to last year while sales of Las Vegas condos are up 14% from just a year ago.

So it might be of interest for you to check out ONE Las Vegas. ONE Las Vegas is a village of residential lifestyle condominiums. The 19.5-acre master plan contains both private residential towers and residential-friendly retail amenities such as a boutique hotel, 6,800-square-foot health club and spa, and multiple dining venues intermingled with additional residential towers along Las Vegas Boulevard. Their ambitious five building community is well underway and selling ample units.

ONE Las Vegas can be found on the web at http://www.one-lasvegas.com.