"Discover the Hidden Gem: Exploration Peak in Mountains Edge, NV"

Discover the Hidden Gem: Exploration Peak in Mountains Edge, NVLas Vegas, known for its vibrant entertainment scene and dazzling city lights, is also home to several hidden gems, particularly in the picturesque neighborhood of Mountains Edge. Tucked away in this serene enclave is Exploration Peak, a magnificent destination waiting to be discovered. Whether you're an adventurous hiker or seeking a tranquil spot to unwind, Exploration Peak has something for everyone.Marvel at the Views atop Exploration PeakExploration Peak offers awe-inspiring panoramic views of the entire Las Vegas valley. To reach the peak, embark on a picturesque hike along the Exploration Peak Park Trail. This well-maintained trail boasts natural beauty and is suitable for hikers of all skill levels. As you make your way to the top, take time to appreciate the stunning desert landscape, including vast stretches of rugged mountains, majestic cacti, and the sparkling lights of the Las Vegas Strip in the distance.Experience Adventure at Exploration ParkExploration Park, located at the base of Exploration Peak, offers a wide range of recreational activities for both locals and visitors alike. This family-friendly park boasts a variety of amenities, including picnic areas, playgrounds, and open spaces perfect for casual walks or games. The park also features an impressive replica of a western-style town, allowing children to immerse themselves in the spirit of the Wild West.For those seeking a more adrenaline-pumping experience, Exploration Park offers a thrilling zip line where you can soar through the air and enjoy breathtaking views of the park. The zip line is a crowd favorite among both kids and adults and provides a unique way to appreciate the park's natural beauty.Connect with Nature on the TrailsExploration Peak is not just a stunning viewpoint; it's also home to numerous hiking and biking trails that wind through the surrounding landscape. These trails offer the perfect opportunity to connect with nature and enjoy the tranquility Mountains Edge has to offer. Some popular trails to explore include:Cactus Garden Trail: Immerse yourself in a desert oasis as you wander through the Cactus Garden Trail. This scenic path is adorned with a wide array of cacti species, some of which are native to the Mojave Desert. Marvel at their unique shapes and vibrant blossoms as you stroll along this captivating trail.Petroglyph Wall Trail: Discover the ancient history of the region as you hike along the Petroglyph Wall Trail. This trail leads you to a massive rock wall adorned with intricate petroglyphs, left behind by native tribes thousands of years ago. As you observe these remarkable carvings, take a moment to appreciate the rich cultural heritage of the area.Raptors' Nest Trail: Bird enthusiasts will delight in the Raptors' Nest Trail, known for its diverse avian population. Keep an eye out for majestic birds of prey soaring above you as you traverse this trail. The captivating sights and sounds of the Raptors' Nest Trail are sure to enchant nature lovers of all kinds.Take a Leisurely Stroll in the Botanical GardenSituated within Exploration Park is a hidden gem within a hidden gem – the Exploration Peak Botanical Garden. This peaceful sanctuary showcases a vast array of native plants, flowers, and trees, providing an opportunity to explore and observe the region's natural flora. Take a leisurely stroll through the garden's winding paths, inhale the fragrant scents, and appreciate the beauty of the lush landscape.Plan Your Visit to Exploration Peak Today!Whether you're looking for adventure, a relaxing atmosphere, or a chance to connect with nature, Exploration Peak in Mountains Edge, NV, has it all. With its breathtaking views, exciting recreational activities, and unique trails, this hidden gem is waiting to be explored. So pack your hiking boots, grab your camera, and embark on an unforgettable journey to Exploration Peak.

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What Landlords Need to Know About Mid-term Rentals

  What Is a Mid-Term Rental? You’ve probably heard of short-term and long-term rentals, but what exactly is a mid-term (or medium-term) rental? The answer is in the name: a mid-term lease agreement is a rental agreement between a property owner and tenant that lasts for less than one year but usually more than one month.  Ordinarily, short-term rentals last for less than one month (and are sometimes referred to as vacation rentals), while long-term rentals are typically year-long leases. Medium-term rentals fall into that sweet spot of at least one month but average three to nine months.  Mid-term rentals are ideal for landlords in highly populated cities or college towns. In addition to populous metropolises, medium-term rentals work well in areas where seasonal work is common, such as near agricultural centers. They’re also great for prospective landlords who want to get into the rental market but aren’t ready to have a long-term commitment.   Who Uses Mid-Term Rentals? If you’re pursuing real estate investing, it makes sense that you’d want to maximize your return on investment. Mid-term rentals can offer a surprising return on investment despite frequent turnover. Mid-term rental demand is growing, especially with the post-pandemic rise in remote work creating the profile of a “digital nomad”. And of course, prolonged business trips and vacations will always create demand for flexible lease durations.   Let’s take a look at some of the most common groups of people that use mid-term rentals: Traveling nurses: At the height of the pandemic, traveling nurses needed housing like never before, and they’re still in high demand across the country. Rather than shell out exorbitant fees to live in a trendy Airbnb, mid-term rentals allowed nurses to establish a home away from home. Students: Students often need somewhere to stay while they attend class. Mid-term rentals provide students with an affordable option that doesn’t require them to live on campus or commute long distances daily. Digital nomads: Digital nomads are people who work from home or remotely and travel frequently as a lifestyle choice. They tend to be more transient than other travelers —they may stay with friends or family before finding a new location where they can settle down for a while. Business professionals: Many industries require their employees to travel. Some companies host workers in mid-term corporate housing; others seek their own mid-term housing solutions.  Other tenants who may use medium-term rentals include families relocating to a new city and professionals heading to a new place to start an internship. While all these groups may have different reasons for moving, they generally use mid-term rentals because they have reasonably extended short-term housing needs.   What You Need in a Mid-Term Lease Agreement Mid-term rentals are unique in many ways, which means you’ll need to make sure your lease agreement reflects your specific rental. There are several things to consider when drafting a mid-term lease agreement, including but not limited to: The length of stay/occupancy (rental period of one to 12 months) The amount of rent Security deposit and other applicable fees Amenities – utilities like Wi-Fi access and whether the rental house is furnished or not Local landlord-tenant laws and regulations Tenants’ rights The responsibilities of both the tenant and landlord Generally, medium-term lease agreements may not involve a lot of legal stipulations like traditional leases. However, check your local landlord-tenant laws to make sure you’re abiding by any specific term-based lease requirements. We also recommend that you chat with your attorney or local housing authority before any documents are signed to ensure you’re doing everything by the book.   What Are the Pros of Managing a Mid-Term Rental? While long-term rentals can be great for owners looking for a steady rental income stream over several years, mid-term rentals offer unique advantages, including: You have access to new tenants who may be more willing to work with you and are less likely to default on their lease agreement than long-term tenants who have lived there for several years. Unlike short-term housing, you’ll have a more steady cash flow that is less susceptible to seasonal fluctuations. You have more flexibility since you don’t have to worry about a long-term commitment. Your business is likely to flourish over time if the demand for medium-term rental units continues to grow.

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How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .” And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration. When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares: “A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.” That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are you’ve developed a considerable amount of equity. Your home equity is an asset you can use to help you buy a home that better suits your needs today. And when you’re ready to make a move, your team of real estate experts will be your guides through every step of the process. That includes setting the right price for your house when you sell, finding the best location and size for your next home, and understanding what you can afford at today’s mortgage rate. What This Means for You If you’re thinking about downsizing, ask yourself these questions: Do the original reasons I bought my current house still stand, or have my needs changed since then? Do I really need and want the space I have right now, or could somewhere smaller be a better fit? What are my housing expenses right now, and how much do I want to try to save by downsizing? Once you know the answers to these questions, meet with a real estate advisor to get an answer to this one: What are my options in the market right now? A local housing market professional can walk you through how much equity you have in your house and how it positions you to win when you downsize. SBottom Line If you’re looking to save money, downsizing your home could be a great help toward your goal. Talk with a real estate agent about your goals in the housing market this year.

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