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The Thomas Group - Real Estate - Las Vegas

The Thomas Group - Real Estate - Las Vegas

13,300 subscribers

👁 25,724 views

Trump Tower Las Vegas High Rise Condos

Video Overview & Insights

Are you considering investing in a condo at Trump Tower? This video is just for you! 🏢

Questions? Feel free to call/text (702) 605-2269 or Schedule a Free Consultation www.TheThomasGroupLV.com

Follow us on Instagram: https://www.instagram.com/thethomasgrouplv/

Thanks so much for watching!!

— @thethomasgrouplv

Trump Tower is a condo hotel, meaning it offers both hotel rooms and privately-owned condos. The condos can be used for living or rented out through the hotel's rental program, Airbnb, or other property management companies. Built in 2006 with 64 floors, the tower offers mostly studios and 1-bedrooms, with some 2-bedroom penthouses.

Location-wise, Trump Tower is near the Fashion Show mall, Treasure Island, and the Wynn. However, it's not connected to other properties and is close to train tracks, which may not suit everyone. Notably, it offers a shuttle service to the Wynn and Caesar's Palace and is dog-friendly with dog walking services.

Do you have to pay for water or electric?

— @JamesWilson-sb9iq

Regarding rentals, Airbnb is generally difficult in Las Vegas due to HOA restrictions, but Trump Tower is an exception. However, owners opting for Airbnb need to manage the property themselves and obtain proper licensing and permits. The tower has a 60/40 split for owners, with a reserve fee for updates and maintenance. Valet parking is available but requires an active reservation.

The rental program is a great option for owners to offset monthly fees, with a 60-70% occupancy rate. Financing for condotels can be challenging due to short-term rentals, but some lenders can help. Prices range from $250k to just under a million, with HOAs from $566 to $1700 for penthouses. Currently, the tower is undergoing a refresh, including new carpet and furniture.

Nice showing. Classy/pretty realtor host. 😉🤯🤓🙃

— @mark8337

Learn the pros and cons of investing in a condotel: https://youtu.be/yZDyMnIxElM

Thinking about buying, selling, or investing in real estate?

Traitor Tower. They look like cheap timeshare properties. That's what Trump hawks though. Cheap crap for a premium price. They'd be smart to take that name down. IT's only going to get worse from here. He will be the nations biggest villain.. literally and figuratively.

— @JimboInTheHouse1

Schedule Your Free Consultation here: 👉https://www.thethomasgrouplv.com/free-consultation/

🚨Subscribe to this channel: 👉https://bit.ly/ThomasGroupLV

Not a good investment. It will bleed your bank account. The rules favor the management company. You have no say in where the HOA money goes. Run people and don't look back !

— @JGinMyrtleBeach

🌐 Visit our website: https://www.thethomasgrouplv.com/

📲 Instagram: https://www.instagram.com/thethomasgrouplv/

SERIOUSLY???
SHORT ON CONTENT???
DON’T DO A VIDEO ON CRIMINAL SCUMBAGS!!!

— @petechippas4586

👍Our Google Reviews: https://bit.ly/ThomasGroupLVReviews

We pride ourselves in helping our clients realize their real estate goals through great communication, expert negotiation, and genuine service.

I'd stay in it - looks gorgeous

— @MrDB22112

Christina Stockdale

The Thomas Group - Real Broker, LLC

Let me know when that Scumbag’s name is off the building!

— @rmiami225

(702) 605-2269 x 4

info@thethomasgrouplv.com

You are WRONG. Trump Tower gets 60% and you get 40%

— @DrGirth

thethomasgrouplv.com

BS.146728

I am looking to retire in LV. What about someone who lives there 365. I will not be renting it out.

— @jvarela965

0:00 Intro to Trump Tower

1:47 Unit Tour

Great information! I always wondered about that building. Thank you!

— @GoldSword777

3:40 Trump Tower Q&A

3:47 Can I AirBnb My Trump Tower Condo?

I won’t stay in a hotel with the name Trump on it,

— @germancamacho3944

7:02 Can I Stay in my Property Myself?

9:13 Parking

thats some great knowledge....

— @biskit7

10:05 Cost and Income Potentail

12:45 Financing

Looks like the 1990s 😂😂😂 to old looking

— @corywalker9498

#trumptowers #lasvegashighrise #lasvegascondos

the estimated 11k a year income. Is that after mortgage is paid each month?

— @aaronsparks9710

More User Perspectives

@

Towers do not belong to trump. Licensing agreement ends this year

@DDwyer-k6u
@

THIS USELESS CHEAP HOTEL IS BEING DEMOLISHED

@MrLASVEGAS45
@

Hate Trump if you want, but his properties are very nice with great service. A well run organization.

@Rainy_Day12234
@

No.

@idrearamacirmtamta1293
@

Not worth it. Anything with the name Chump on it is a loser!

@bobf4333
@

It’s the worst class of asset for ROI.

@ChicagoChicagoChicagoChicago
@

hello Pretty Wonderful
Christina and Family and All
Lady Billionaires. Whatever
happen you know ❤+❤+

@ethelarbon6628
@

I love you so. I miss you so
One. Love. Ph
To GOD be the glory
❤+❤+❤+

@ethelarbon6628
@

hello Daddy Brethren. Donald
and Family Daughters. Sons
and All Lady Billionaires
Whatever happen you know

@ethelarbon6628
@

I love you so. I miss you so
One. Love. Ph
To GOD be the glory
❤+❤+❤+

@ethelarbon6628
@

What about selling the unit? How is it different, if any, from selling a house or regular condo?

@eddysecco166
@

Losing investment as long as it has the “felon” brand.

@VegasVaron
@

The HOA fee is the main killer here. With 1000-1200$ a month HOA fee it almost feels like you dont own it.

@MAC-vi7fy
@

How does fire alarm activation work in these hi-rise condos? Let's say you or tenant burn popcorn and an alarm is triggered. Is the fire department required to come out and deactivate the alarm from a central control panel and bill the unit $1500 or so for the services?

@thegreenpickel
@

Will not spend a dime at this criminal’s properties!

@kcha2004
@

Great info! If someone was to purchase a unit and live there fulltime, could they keep their car there while they lived there fulltime?

@topdogassets
@

Very Informative 🔥 Thank you for sharing

@invinciblefeelings
@

Nice video. I've been checking these out.

@xTheBOISx
@

only reason why I wouldn't do it is cause when I go work for a few months I can't leave my car there, so many little things

@JonHassellProphecy
@

those condos r as useless as Doland Trump.

@Onlyme2015
@

Great video! What’s the net income for the 1 bedroom? More than the $11K for studio? Wished studio had washer dryer.

@CardioKing408
@

Trump needs to sell this hotel 🏨 to pay New York AG

@13Jazz
@

this was really informative and helpful, thank you

@michaelpender6971
@

I work in the hotel don’t rent these it’s gross some of the housekeeping lady’s don’t change the sheets the towels come in dirty hampers

@perk_nowinski516
@

Hi, what is the cost of the refresh and is it financed? Thanks

@paoloveritas
@

Wow. That was the EXACT video I was looking for. And it came out within 48 hours. So impressive
I would like to see more videos about condos as investment. Not just condo-tel.
Amazing work

@jordandomink9814
@

Enjoyed the video. For that studio unit that generated around 11k in the year. What was the net income after fees if you know. Thank you

@pedramnaeni7713
@

😎🥳🇺🇲👈

@REDXXXPILL