If you are in the real estate business, I highly recommend hiring a third-party property management firm to do the job for you. Many might tell you this is a costly investment, and they won’t be wrong. The management fee is dependent on multiple factors, such as the number of rental units, property conditions, required resources, skills, etc. generally, management firms can charge around 10% of Continue Reading
7 Summer Staging Tips for Your Las Vegas Home
When selling your Las Vegas home, spring and summer are typically the busiest times of the year. During that period, there's usually a large number of buyers interested in making a move. However, this also implies that there is a large amount of additional inventory available on the market. If you plan to sell your house during warm weather, you should be prepared to face some tough Continue Reading
Staging a Home vs. Staging an Apartment
The primary goal of staging a rental unit - whether an apartment or a home - is the same: renting it for the best value in the least amount of time. Staging makes this possible for all types of rental units. There are major differences between staging a home and staging an apartment. It is essential to know how to make your home or apartment look its best for maximum occupancy rates. Major Continue Reading
Is Property Management Necessary?
A property manager plays an important role in ensuring your real estate asset is well-managed. As with every type of investment, putting your money into an asset (even real estate) can have significant risks. There could be an unexpected slump in the market, or the renters market may be facing increased problems in paying off the rent. To put it simply, even though real estate is marketed as a Continue Reading
6 Ways to Add Value to Your Rental Property
There are several clever strategies to increase the value and marketability of your Las Vegas rental without it having to be expensive. The best part is that it makes no difference where a property is, how the local market is performing, or what the average rent is because even the stalest rental property can be enhanced with a few easy modifications. If you are wondering what they are, make sure Continue Reading
When Do You Need the Services of a Property Manager
When you rent your property to a tenant, the goal is to generate a stable monthly income while also ensuring that your rental unit is properly taken care of. It is just as important to respect the tenant's rights and look after their needs throughout their tenancy. But the average day in the life of a landlord can be exhausting, especially as they are forced to navigate through a quagmire of Continue Reading
How to Spot a Bad Tenant Early
Almost every landlord is scared of ending up with a tenant who neglects their property or does not take rent deadlines seriously. Concerns like these are only natural, but did you know it’s possible to circumvent these problems even before they begin? Yes! It’s possible. Here are some tell-tale signs of a bad tenant. 1. Late Payments You knew this was coming, didn’t you? The alarm Continue Reading
Buying in Las Vegas from out of state
Shopping for a home can be overwhelming and stressful, even if you are looking for a property just down the road. So, buying in Las Vegas from out of state is much more complicated. Besides having to rely on a team of experienced real estate professionals to help you find your dream home in Las Vegas, there are plenty of other things you need to keep in mind. But don't worry, we're here to make Continue Reading
Easy Tips to Deal with Problem Tenants
Landlords and property managers deal with tenant problems nearly every day. Some tenants prove to be too troublesome, whether it’s missed rent, damage to the property, or noise complaints. The best way to deal with problem tenants is to use a thorough screening system to filter out the bad apples. Your property manager should help you run a background check on all new tenants to scout for any Continue Reading
Buying and selling a house at the same time – should you do it?
Right from the start, we can tell you that buying and selling a house at the same time won't be a walk through the park. At best, you'll have to juggle for a bit until everything gets settled. People know it'll be tricky, and they still get into it, so should you do it? Well, the idea today is to help you figure it out for yourself. Of course, in the perfect world, you'd hit that Continue Reading
