Owner Frequently Asked Questions

Answers to Commonly Asked Questions

• How do I get started?

  You will need our signed management contract package, 3 keys, mailbox keys (if applicable), two garage remotes, and the setup fee. To take the first step toward renting your home, please INQUIRE ABOUT OUR SERVICES. A representative will contact you to setup a free consultation!

• How do you send me my rent money?

  We offer direct deposit of your rent check directly into your bank account. We DO NOT mail checks. We can do this to any major national or local bank: Bank of America, Bank of Nevada, Washington Mutual, Wells Fargo, US Bank, Citibank, and Nevada State Bank. You will need to have an account at one of these institutions to receive rent checks. Out of state accounts are perfectly fine.

• How long is the management agreement I sign with you?

  Our agreements last at least for one year. After a year, they automatically renew until cancelled.

• How much rent can I get for my home?

  How much rent you can get depends on the size of your home, the community it's in, and any upgrades to the property. To get a free rent comparable please use the contact menu on the navigation bar above. You'll want to send us the full address of the property you want to rent out. The comparable is done free of charge and there is no obligation to utilize our property management services if you don't wish to.

• What about PETS?

  They are a lot of horror stories about pets destroying homes. In our opinion, the damage a pet can do to a rental is far more indicative of the quality of the tenant we find and NOT the pet. A great tenant will keep the house in great condition, regardless of the existence of a pet. It's our job to find the great tenants so that you don't have to worry. Additionally, we charge anywhere from $300 or more in additional security deposit to allow pets in rental properties.

  Also, you should remember that more than 2/3 of potential tenants have or will have a pet at some point. Turning down applicants with pets can “significantly” increase the amount of time your property sits on the market.

• What if I want to sell my house later on?

  Selling your house is always possible, with or without a tenant in it. It's important to remember that the lease agreement you have with your tenant supersedes anything else. This means that unless you wait for a lease to end, you'd have to sell your home to an investor. When you do this, you “sell” the lease right along with the home. There are plenty of investors looking for homes that they will end up renting out anyway. Otherwise, you can sell your home once any given lease period ends by giving the tenant a 30 day notice to vacate.

• What things can I do to help me get more rent for my property and rent it faster?

  There are several things to remember when you are trying to market your rental property.

  The important thing is that the home is “clutter free” and extremely clean. Prospective tenants are most attracted to clean homes when they are walking through them. They need to be able to see your home as a place “they” could call home.

  • Paint your home in neutral colors. If not white, then any beige or light cream color would work. We recommend strongly that you avoid green, blues, or other more custom colors; especially dark colors.
  • Fix anything that is broken: If we turn over a clean, operational and maintained home to a tenant, it is much easier to hold them accountable for returning it back that way.

  
  

  Install landscaping: If your property is dirt and barren in the backyard, we highly recommend that you “at least” pour some rock down to make the yard more appealing. Additionally, having a patio back there adds a great amount of value to your home and will get it rented faster. Homes can still rent without anything in the backyard, but it will hurt the rent you can get and the speed in which you could get it.

  Have appliances available: 98% of potential tenants do not have their own refrigerator, washer/dryer, stove, or dishwasher. These items are covered under the security deposit if damaged and the tenants will have to maintain them if you leave them in the home.

• When is the rent money deposited into my account?

  Rent checks are deposited on the 10th of the month. The only other delays to rent deposits could be caused by late rent payments. If a tenant pays late (which is not common), they are also required to pay late fees which you would see reflected in your deposit.

• Why use Ravago Group-RE/MAX Advantage?

  Ravago Group is part of the greater RE/MAX Advantage family. We strive to adhere to the highest standards of ethics and professionalism that come along with the RE/MAX Advantage and Ravago Group names. Our company manages single/multifamily in every area of the Las Vegas valley. Through communicating the TRUTH to our clients and aggressively marketing our rental listings, we're proud to say that we rent the typical property on average within weeks, not months. Our belief is that every day a rental sits vacant; the owner of the home is losing cash. That's the mentality we work from and that's how we keep our clients' rentals occupied with great tenants.