Today, we are talking about good versus bad upgrades in rental properties. This is a question that we get quite often from our owners who want to modify their homes for a new tenant.
One area of potential upgrades is your flooring. When you are considering tile versus wood lami...
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Today we're talking about security deposits. Security deposits are important because the one thing that can get a real estate broker or an owner who manages his own property in trouble is the improper handling of the security deposit. The most important thing to know is that it...
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Contractors - Too Expensive To Use
I get a lot of questions, comments and often instructions from clients about this and I thought it would make a great blog article.
Contractors are not all created equal in the eyes of the State. Anyone can go to the municipalit...
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When it comes to renting out your property, there is always a negotiation when it comes to who will pay the utilities in the home. Usually, it is the tenant who uses them, so the tenant should pay for them. The owner is often expected to pay any HOA dues that apply. Some landlo...
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Nevada is one of the states that actually favor the landlord when it comes to rent collection. While the tenant always has rights, the state has a summary eviction process, which is helpful to landlords and property owners when a tenant needs to be evicted. You are allowed to s...
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Today we are going to try and explain all those fees that go along with property management. We will focus on the property management fee, the leasing commission or the lease up fee and the lease renewal fee. These are all fairly standard in the property management industry.
P...
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What we are seeing in the Las Vegas rental market for 2013 is that resale homes are scarce and hard to buy for renters and first time homebuyers. This is due to the number of investors who are buying up the foreclosures and short sale properties on the market. These investors a...
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When you are selecting the tenants that will live in your property, you want to make sure you are making a choice that is good for the long term. Tenant Screening is vitally important in order to protect yourself and your property. There are three particular things to keep in m...
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Anyone who owns property and rents it out knows that avoiding risks is extremely important. A good property manager will evaluate the potential risks in any home that he manages because he can be held just as liable for any harm as the property owner.
One of the biggest liabi...
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Las Vegas property owners must understand the proper way of handling a tenant's security deposit. Nevada law requires that a tenant's security deposit be held separate from an owner's operating funds. The legislature actually passed a law that says a real estate property manage...
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