Investment Property Lake TahoeFor investors willing to invest in the growth of the region, there are opportunities for business and income properties in the area, especially for investing in restaurants, motels, apartments, duplexes and riverfront diners. When you decide to invest in the area, best opportunities are usually located near the ski resorts, summer outdoor recreation areas, and tourist attractions of Tahoe. As for past population trends, from 1960 to 1980, the permanent residential population increased from about 10,000 to over 50,000, and the summer population grew from about 10,000 to about 90,000. Since the 1980s, population development has slowed down considerably due to controls on land use, something which may restrict your potential plans on building in the area. If you decide to invest in properties that cater to specific interests, there are plenty of opportunities beyond the tourist industry. For example, gambling is legal in the Nevada side of Lake Tahoe, and there are 6 major casinos at Stateline (on the South Shore) alone, including:
|