Archive for Tips
Choosing a Las Vegas Investment Property
There are many factors involved – from a Las Vegas Real Estate Investor’s prospective – in choosing which single-family home properties would be the most suitable for purchase. Among the most important considerations are what type of purchase arrangement can be negotiated, and who the seller may be, private owner, or bank, urgency to sell, [...]
Investing in Las Vegas Real Estate
Fixer-Uppers There are countless innovative and creative ways to invest successfully in Las Vegas real estate, but the following is an overview of one of the possible ways to buy, manage, and sell real estate profitably: Fixer-uppers: Single family homes in need of repair, (some minor, some major) can often be purchased at a significantly [...]
Move in/ Move out Inspection Procedures
Prior to occupancy, the property manager and new tenant should mutually inspect the premises, checking for wear and tear and any defects, damages or malfunctioning utilities, plumbing or electrical problems, etc., that may have been overlooked by the landlord or property manager during the move out inspection of the property after the previous tenant had [...]
The Tenant Screening Process
Tenant screening is actually a dual evaluation process, whereby the Property Manager (interviewer) is evaluating the prospective tenant’s overall suitability as a renter, and the applicant is, in turn, evaluating the manager’s attitude and the suitability of the landlord’s premises for his/her lifestyle and budgetary requirements. Initial phone contact by the renter offers the property [...]
Are You a Nevada Landlord Violating Nevada Law?
Being a landlord can be very rewarding but there is also a downside of being a landlord, Liability! Every city, county and state has different laws and ordinances that you need to know and follow. Staying current on these changes can be a burden but by not being informed it can cost you where it [...]
Purchasing a Las Vegas Real Estate Investment Property
Many investors are flocking to Las Vegas to take advantage of the drop in home prices throughout the Las Vegas Valley. Many of these investors are purchasing properties with cash in hopes of a quick closing thus allowing them to place it on the market for rent. After purchasing an investment property, these investors are [...]
Advertising Your Las Vegas Rental Property
Just a few years ago, most landlords would use the local newspapers to advertise their vacant Las Vegas Rental Properties. Fast forward a few years later and most savvy landlords now advertise their rental property on free Internet sites like Craigslist.org, Backpage.com or Kijiji.com. Classified sites like these are not only free to use but [...]
Lease or Rental Agreement?
The laws governing the rights of landlords and tenants have become complicated as laws and regulations have expanded through the years. Landlord tenant disputes are common in small claims courts. Landlords have more responsibilities and tenants have more rights, so it is essential to have a clear rental or lease agreement in place that spells [...]
Why Renting a Home in Las Vegas is a Viable Option
Renting a home in Las Vegas might be your only option because of credit issues due to a short sale or foreclosure. Finding the right home for you and your family can be just as stressful as buying a home in Las Vegas. Having a licensed real estate agent that specializes in rental homes to [...]
Las Vegas Property Management Solutions
Property management in Las Vegas involves a series of complex duties intended to serve a variety of important purposes in commercial and residential real estate. Essentially, property management entails the safe and proper oversight of the landlord-tenant relationship. If this oversight did not exist, a number of problems could quickly develop that could undermine the [...]