Las Vegas Property Management Services - Our Policies Are Based Upon Principles Of Honesty, Control, Supervision, And Communication...
Property Manager, Linda Strasberg of Las Vegas Property Management Services was introduced to the day to day operations of professional property management services in NYC in 1992 assisting the Director of one of Manhattan's west side white glove residential elevator buildings housing more than 2000 distinguished residential NYC dwellers, followed by commercial property management for Director with staff of 1500 available to us to address the needs of an elite group of Fortune 500 corporations each occupying several floors of commercial space in twenty one of New York City's finest, state of the art, Class A commercial buildings, prior to leasing and sales for Owner of many NYC Brownstones.
To satisfy the needs of our Las Vegas real estate investors, both in and out of town, Las Vegas Property Management Services treats each property as if it were our own. Las Vegas Property Management Services has developed a stringent screening process for prospective tenants. As your Las Vegas Property Manager, we treat each client with the same scrutiny we would employ if the potential tenant were buying the property.
Owning investment rental property in Las Vegas is a great financial investment, however, one that comes with a full time responsibly to the tenants occupying your Las Vegas Investment Rental Properties. Property owners can benefit from our professional Las Vegas Property Management Services and philosophy. Las Vegas Real Estate Investors of Las Vegas Rental Properties are encouraged to call us and schedule a complimentary consultation to learn the advantages and benefits of having their investment rental properties managed by Las Vegas Property Management Services.
Las Vegas Property Management Services makes owning rental property in Las Vegas Nevada easy...Call 702-677-8796 Today!
Las Vegas Property Management Services In Las Vegas and Henderson Nevada:
- Peccole Ranch
- Silverado Ranch
- Green Valley Ranch
- Canyon Gate
- McDonald Ranch
- Nevada Trails
- Iron Mountain
- West Summerlin
- Southern Highlands
- Desert Shores
- Spanish Hills
- Rhodes Ranch
- Seven Hills
- Elkhorn Springs
- TPC Summerlin
- Green Valley
- Red Rock Country Club
- The Lakes
- Mountain's Edge
- Spanish Trails
- Silverstone Ranch
- MacDonald Highlands
- North Las Vegas
- Las Vegas Strip Properties
Marketing Our Investors Las Vegas Investment Rental Properties At The Highest and Best Annual Rent(s) Receivables Is Of Utmost Importance To Las Vegas Property Management Services As It Is To Our Las Vegas Real Estate Investors and Valued Clients. We Strive To Have Your Unit Properly Maintained When Managed By Las Vegas Property Management Services So Our Las Vegas Real Estate Investors Will Net The Highest & Best Returns On Their Las Vegas Rental Properties When They Select To Have Their Turnkey Las Vegas Rental Properties Marketed For Sale and SOLD.
In addition to the Listing Agreement permiting us to advertise and market your investment rental property for the highest and best rents the current rental market conditions will bear; per our Las Vegas Property Management Services Agreement and as Property Manager, our responsibilities include budgeting expenses, securing renters, collecting rent, complying with laws and regulations, and maintenance of the property. This includes arranging for preventive maintenance, repair or corrective maintenance.
Las Vegas Property Management Services Set Up Cost
One-time management fee of $1000.00 (held in trust account) which includes $700.00 as operating reserves for your account. The operating reserves are a credit to the landlord. Late charges for tenants, enforced by the company, are passed on in gross revenues to the landlord.
As a member of Las Vegas Property Management Services, you will be provided with the following property management services
We require each potential tenant to complete an application, then follow up to verify their employment, rental history, and credit & criminal history. This helps assure that your property will have the best tenant possible.
We strongly urge that a home warranty be put in place to provide quality and timely maintenance so you don't have to pay the exorbitant rates charged by others when/if a maintenance and repair issue arises. This can save you hundreds of dollars per year in home repair costs.
We will answer any maintenance issues and arrange for repair work on your property. Our tenants will have access to a 24-hour emergency number if a problem should arise during non-business hours. This added security gives our tenants and our owners a sense in knowing that their property is being watched after 24 hours a day 7 days a week.
When a tenant moves into your property, they are given a form which they sign prior to their occupancy and again when they vacate the premises. This form allows us to keep track of all maintenance issues caused by the tenant during their stay in your property. This way there is no confusion on the condition of the property before and after a tenant vacates. Approximately every 90 days, we make a thorough inspection of your unit, both inside and outside. As a part of our service, we also provide weekly vacancy maintenance for all unoccupied properties and drive-by inspections of all of our properties which are currently occupied. This is done to make sure your investment is is being properly cared for and maintained if you have tenants in your property or not.
If rents are not paid by the 8th of the month, we begin the processes necessary to collect rents or evict tenants. As a part of Las Vegas Property Management Services contractual agreement, we will process all paperwork needed to execute a quick, and smooth eviction on your property should one be required. We have a responsibility to our owners to make sure that their tenants pay their rent on time. For this, we have a 2-day grace period for rent receipts and begin sending out 5-day Eviction Notice on the 3rd day of the month for all late payments. Within the fully executed lease agreement provided by Las Vegas Property Management Services it is agreed and understood by all parties to the transaction at lease commencement that costs associated with eviction of the tenants/occupants will be charged back and deducted from the tenants held security deposits. This efficient service provides you as an owner the security in knowing that tenants who cannot afford their rent need to vacate your home as soon as possible so that we may place a better-quality tenant. Understanding the eviction process in Las Vegas, Nevada
Rental Income Estimates
Based on comparable and market conditions, we determine a fair marketable rental rate for your property. This is revisited each time your house is put back on the rental market and you have the final say on the amount your property is rented.
We can provide numerous reports including tenant rental histories, property rental histories, tax information to your accountant, and a host of other reports with the touch of a button.
Advertising & Marketing Your Investment Rental Property
Per the executed Listing Agreement, professional photographs, inside and out, will be taken of your property. A "For Rent" sign will be placed on the property. Along with pictures, descriptions of the property and its amenities will be placed on the internet, the MLS, Realtor.com and at least six additional web sites giving potential prospects the ability to shop online for your rental in the comfort of their own home. These web sites are designed for rental properties and are widely advertised to the public, at a cost of $95 per month, which applies only while the property is vacant. When rented, the property information is removed from the internet and the expense is stopped. Most tenants browse via the internet first before looking at properties.
As an added service, email blasts can be sent out to all (15,000+) active real estate agents in all of the real estate brokerages in Las Vegas for a service fee of $50. This is all done to provide as much exposure to your property in the quickest way possible so that we can limit the amount of vacancy on your property.
There is a leasing fee of $395 when we qualify a tenant for a vacant unit (due within 5 business days of the executed lease agreement). If the tenant does not remain in the property for at least six months, we will re-let the unit WITHOUT a leasing fee.
Owners are responsible for the agreed upon and predetermined placement fee due the agent who represents the prospective tenant (payable within 5 business days of the executed lease agreement). Placement fees can vary and be up to 1 months rent subject to the term of executed lease agreement (i.e;, 1+, 2 Year Lease).
When the rental property contains the option to purchase subject property by occupant/tenant(s) and closing within the specified time period (OWC: Owner Will Carry) the commissions are 3% of the purchase price due the listing agent and 3% due the selling agent at time of closing paid by the seller.
We thoroughly screen all applications for our owners. We screen all applicants by pulling a credit report, verifying their employment and their income, as well as, interviewing their last landlord to verify if this prospective tenant paid their rent on time and if there were any problems once the tenant vacated their last rental property.
Monthly Management Fee
For Las Vegas Houses, Condos and Town Homes and Small Apartment Buildings/ Las Vegas Investment Rental Properties Are As Follows:
- 1 Property: 10%
- 2 Properties: 9%
- 3 Properties: 8%
Each month you will receive a detailed statement on your property. These statements are easy to read and understand. Along with your proceeds check, your monthly statement will break down the current month’s activity on your investment property, showing all rent collected, management fees deducted and itemized maintenance done on your property. Courtesy copies of all maintenance invoices are included with your monthly statement.
Free Optional Services
As a free service to all of our owners, we provide direct deposit services into any local Nevada bank of your choice. Just let us know if you would like to take advantage of this service.
Contact - Call 702-677-8796 Today!
Oh, by the way, if you have any friends or family who would benefit from our service, I would love to talk to them. Just give me a call with their name and number and I would be happy to follow up and take excellent care of them.
Linda Strasberg, Las Vegas Realtor, Las Vegas Home Sales & Marketing Specialist, Las Vegas Property Management Services
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