U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 12-08-2006, 12:28 PM
 
5 posts, read 25,455 times
Reputation: 18
Default Nice or bad part of town?

I recently found a condo, it is located on S. Rainbow. The nearest cross street is Hacienda and Tropicana real close to Spring Valley Hospital. Is this area ok or full of crime and just in general a bad part of town. Looks like a nice condo but just want to make sure I am not moving to the slums of Las Vegas.
Reply With Quote Quick reply to this message

 
Old 12-08-2006, 01:21 PM
 
9,125 posts, read 23,184,913 times
Reputation: 3329
When I moved from Las Vegas in 99, that area was pretty good, but you could definitely do better. From what I've seen the past few visits back there it's declined somewhat, but it's still not Watts or Compton- it's also not Summerlin or Green Valley though. In general, you'll get what you pay for- the cheaper the house/condo, the lower the quality of the neighborhood.

Bob
Reply With Quote Quick reply to this message
 
Old 12-08-2006, 01:31 PM
 
Location: NW Las Vegas - Lone Mountain
15,757 posts, read 20,280,033 times
Reputation: 2661
Well the hospital is on that corner as is one corner of Spanish Trails...arguably a classier address than Summerlin or Green Valley.

I would not worry about that location.
Reply With Quote Quick reply to this message
 
Old 12-08-2006, 04:01 PM
 
5 posts, read 25,455 times
Reputation: 18
Cool, sounds like i will start the paperwork on it.........
Reply With Quote Quick reply to this message
 
Old 12-08-2006, 06:11 PM
 
5 posts, read 25,455 times
Reputation: 18
The name of the condo complex is called the Spanish Palms.
Reply With Quote Quick reply to this message
 
Old 12-08-2006, 08:24 PM
 
Location: NW Las Vegas - Lone Mountain
15,757 posts, read 20,280,033 times
Reputation: 2661
Quote:
Originally Posted by blove29 View Post
The name of the condo complex is called the Spanish Palms.
I am going to stop answer these threads....ahhh ****.

Condo conversion. Something less than 30% sold. Selling at least 3 to 1 to absentee landlords. Was a reasonably nice place. But be very careful.

In this sorth of condo conversion you go from having a managed apartment complex to one with a few hundred land lords. Many will be hungry and rent to anyone who puts up a securtiy deposit. This often leads to interesting problems.

HOAs work reasonably well with 70% or more owner occupied. They don't work so good with 25% owner occupied. Some turn into disasters and it is not easily fixed.

So sorry but you are on your own. I would insist upon a clause that allows cancellation of the lease on 60 days notice. Give the LL a month rent or something if you cancel. But get the right to cancel. If not don't go there.

Unfortunately you can't judge these joints until fully established. But I would not bet on any of them coming out well.
Reply With Quote Quick reply to this message
 
Old 12-08-2006, 09:13 PM
 
5 posts, read 25,455 times
Reputation: 18
Well, originally she wanted a year lease and i talked her down to a 6 month lease with no increase in rent. There is 3 properties that I saw in that condo complex and 2 of the 3 would not budge on the lease terms. One would and talked her down to a 6 month lease. All 3 ranged in price from $1150 to $1300or a 2 bedroom so they are not exactly on the cheap side. Maybe they might let anybody live there but at least they have to have some cash.
Reply With Quote Quick reply to this message
 
Old 12-09-2006, 12:47 AM
 
Location: I live in New York
3 posts, read 70,947 times
Reputation: 23
It depends on how many people are sharing the rent.
Reply With Quote Quick reply to this message
 
Old 12-09-2006, 09:22 AM
 
Location: NW Las Vegas - Lone Mountain
15,757 posts, read 20,280,033 times
Reputation: 2661
To see what can happen see:

New or old Gang activity?
Reply With Quote Quick reply to this message
 
Old 12-09-2006, 10:09 AM
 
5 posts, read 25,455 times
Reputation: 18
Interesting read, wow it is hard to find a place in Las Vegas. All of these condo conversions and real estate there seems to be a utter mess. My next choice was going to be the meridian at the hughes center located right next to the strip at 250 east flamingo rd. Those are also condo conversions with some apartments available as well.

I might go ahead and research those, I am quite sure those are near full capacity but i am going to have to double check.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top