A question we get asked all the time is – what kinds of fees and costs are associated with property management? Fees can vary. In the Las Vegas and Henderson area, we have seen them as low as six percent and as high as 10 percent a month, on either collected rent or projected rent. Some companies charge only on the rents they coll...
In our first blog on property management in Las Vegas, we discussed the benefits of having a professional property manager take care of things so you don’t have to. One of the elements we mentioned was proximity to the property. It’s a great benefit to have a local property manager who can respond to emergencies. This is an ...
As an owner of rental or investment property, property management is a good way to outsource the work you don’t want to do yourself. By hiring a professional property manager, you can eliminate the day to day headaches and the trials and tribulations involved in taking care of that property. When you’re managing the propert...
Today we are talking about property rehabs and remodels to rentals in the Las Vegas area. Before you undertake any kind of renovation or remodeling project on your investment property, we always suggest that you call a property manager. Property managers will have a good idea of what potential renters are looking for in a home, and we&r...
When you consider vendors to take care of your property maintenance, it’s always important to ensure they are licensed, insured and bonded. I recently heard a story from another property manager in Las Vegas that illustrates that point perfectly. Against his advice, a property owner hired an unlicensed painter to perform work on t...
Today, I wanted to talk a bit about the state of the current rental market in Las Vegas and Henderson. There are three important statistics that I will share with you, which can give you an overall idea of where we are when it comes to rental properties in this area.
Average Days on Market
The average days on market valley-wide, in Clar...
We’re talking today about how to market your property in Las Vegas to lower your vacancy. You don’t want to leave your rental property vacant for too long, and there two components to ensuring your home rents quickly to good tenants. The first is price and the second is condition.
Price
A good statistic to keep in mind is th...
Today we are talking about property maintenance on new rental properties in the Henderson and Las Vegas areas. There are four specific things that I like to pay attention to when I’m doing an intake or an initial inspection of a property. These are things that you can do even before you call a property manager for help. These simp...
When you are selecting a property management company, there are four key things you want to ask about how your finances will be handled. Make sure you are ready to discuss these important issues during the course of your interviews, because knowing how you will receive your rent and pay for expenses before you sign a contract will save ...
All property owners want the best tenants they can find in their rental properties. The first step in finding great tenants is to send your listing out to a lot of websites. At Ravago Group, we send our listings to ReMax.com, Homes.com, Zillow and about 35 other websites (too many to list!). You want to get your property advertised as ...
