Property Management Blog

Las Vegas Property Owner's Guide to Lease Renewals

Property Management Blog
The rental vacancy rate in the US was 6.8% in mid-2019. That's as low as it's been since the 1980s.When your rental property is empty, you're losing potential income. So if you have great tenants, keeping them in your property means more money for you.In order to keep...

PROS AND CONS OF A MONTH-TO-MONTH AND ANNUAL LEASING

PROS AND CONS OF A MONTH-TO-MONTH AND ANNUAL LEASING
MONTH-TO-MONTHProsLandlords- if you rented your home at a low rate and you find out this later, in the one to one month lease you can increase the rent without having to wait 12 months.Tenant- if you are looking for a premise for a short period of time, this is a great option. Al...

Owner And Tenant Responsibilities

Owner And Tenant Responsibilities
It is a fact that the landlord has much responsibility towards the tenant, but we must remember that he is not the only one who has responsibilities and obligations. Tenants do too! As tenants, we must have our unit rented in a certain way, and this is what local and state laws d...

What will happen if I self-manage my property?

What will happen if I self-manage my property?
Do you have a property, and are you thinking about managing it? It is a delicate topic without question; each head is a world on its own. I may think that managing my property is very difficult due to my work, my inexperience and my lack of time but another person can be mor...

Normal Wear and Tear

Normal Wear and Tear
Below is an interesting article on normal wear and tear vs tenant damage you may find useful. Normal wear and tear is damage that naturally occurs in an investment property due to aging. It typically results from a tenant living in the property and is considered normal depreciati...

Are you insured with State Farm

Property Management Blog
Are you insured with State Farm? Do you own rental property in Las Vegas BUT you don’t live in Nevada? You could have a problem!One of my clients just forwarded me an email from his State Farm insurance agent and it says:‘I need to know if you have a local property ma...

Dryer Vent Maintenance

Property Management Blog
Dryer exhaust vents should be inspected and cleaned at least once a year depending on the size of the household and dryer usageWhy?Dryer vents accumulate highly flammable lint, and failure to clean out lint is the leading cause of dryer fires.When?A telltale sign that the dryer v...
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