Property Management Blog

Roulette isn't the only money-making game in town in Las Vegas. This famous tourist hotspot is also a popular choice for an ambitious real estate investor.But investing in Las Vegas property comes with some challenges, too. The scorching, hot desert climate means you could fa...

About 10% of tenants are considered 'bad tenants', and you'll want to avoid them.Whether you're a new landlord or have years of experience, you can face various challenges. One of the issues that many landlords face is finding suitable tenants, but fortunately, fo...

The average rent in Las Vegas in Q1 2023 was $1,430 a month - down 2.2% from the same time in 2022.Rental properties can be great investments, but only if you make an effort to maximize your profits. Before you can start making an income, you need to find tenants, and this involv...

About 46.3% of Las Vegas residents are renters, which is lower than most other areas nearby.With fewer renters, it can be more difficult to find and maintain tenants. You need to be a better landlord than others nearby if you want to keep generating income from your rental proper...

About 45% of landlords manage their own properties! If you're an accidental landlord, you'll need to develop a plan to manage yours. Otherwise, you may struggle to generate any revenue.The property could end up draining your account instead of adding to it.Here are a few ...

51 percent of property owners hire property managers -- and with good reason.A property management company will help you find tenants, collect rent, and maintain the property. If you don't want to deal with these responsibilities yourself, a property manager can help.But how ...

The average rent in Las Vegas climbed to $1,450 monthly in the first quarter of 2023 from $1,200 monthly for the first quarter of 2021.That's an increase north of 20%, and it's one reason you should explore the possibility of putting your property on the rental market.How...

If you own rental units or rental property, hiring a property management company is vital to ensure good tenant relations. According to statistics, there are around 296,256 property management businesses in the U.S. in 2023.Before you hire management for rental properties, there ...

When you are in a public place, take a look around the room. One out of every three people you see has a criminal record.This is a concerning statistic when you're a landlord. For every three prospective tenants, one of them could be a secret ne'er-do-well. You might only...

Landlords need to keep up with their property to ensure that it's in good condition and holding value. According to some industry experts, routine inspections should be done every three to six months.There are several different types of property inspections that landlords and...