WATCH: Ed Henry Shows Bob Massi His Las Vegas Digs
This weekend on "The Property Man," we'll learn about a couple who made a successful foray into the Las Vegas real estate market.
Fox News senior White House correspondent Ed Henry and his wife decided to "roll the dice" by purchasing a piece of property at a foreclosure auction.
It ended up being a good investment for them. Henry said on "Fox and Friends" this morning that he got the idea following the economic downturn when he read local news stories about how far the Vegas real estate market had fallen.
The high-rise condo unit, located in downtown Las Vegas off the strip, is now a source of rental income for the couple.
"We saw the chance to buy low and potentially sell high," said Henry, adding that they may sell the property soon because the market has come back.
Tune in Saturday at noon and Sunday at 3p ET to "Bob Massi Is the Property Man" to hear much more about the do's and don'ts of buying foreclosure properties.