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
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
Tips for buying a rental property in Las Vegas
Tips for buying a rental property in Las Vegas More and more people are making real estate investments, especially in Las Vegas. It’s no wonder when you look at Las Vegas’s housing market stability. However, if you are interested in investing in a rental property, there are things that you should look into first. After all, you will need to make a significant investment, Continue Reading
Moving Into a Smaller Home – How to Adapt?
Moving Into a Smaller Home - How to Adapt? Changing the environment is never easy. New home, new city, new neighborhood – it takes time to learn more about them and adjust to the novelties. However, one of the rather uncomfortable changes happens when you need to downsize. It takes some serious organization and planning to ensure you can continue your lifestyle similarly as before. Lack of Continue Reading
Do You Want to Get Rid of the Stench? Odor-Absorbing Paint May Not be the Only Answer
Rental units tend to develop foul smells for plenty of reasons. Over time, walls, carpets, and fabrics tend to emit odors you wouldn’t like. Such odors might persist even if the house undergoes multiple cleanings or tenants for that matter. Still, before we can go ahead and assume that odor-absorbing paint is the way to go, it is a great idea to first try and identify the original cause of Continue Reading
Is Pet Screening Useful or Is It a Bad Idea?
Allowing pets into your rental properties can be described as a calculated risk. You see, there is always the odd chance that a cat, dog, or other pet may cause damages to the interior or other elements of your rental unit. On the other hand, the Humane Society found that 72% of all American renters are pet parents, therefore, all-out prohibiting pets in your property can have some Continue Reading
Las Vegas housing market most stable in 20 years, says GLVAR president
Las Vegas’ housing market had a bump in sales last month compared to June, but things have still largely downshifted from a year ago. Buyers picked up 3,159 previously owned single-family houses in July, up 8.8 percent from June but down slightly — 0.8 percent — from July of 2018, according to a new report from the Greater Las Vegas Association of Realtors. The median sales price of those Continue Reading