Saving money has always been one of the most important considerations us as adults must face. Sure, there are plenty of people out there that have so much money that pinching pennies isn’t one of their concerns; however, not many of us are that wealthy. You may also be surprised at how much even the richest people around will do everything possible to save a buck or two.
If you are brand new to the real estate industry and have just bought your first rental property, or are a veteran and own several local properties, you will most likely end up asking yourself if you should manage the properties yourself or hire someone to do it for you.
Just Googling best property management company Las Vegas will take you to hundreds of listings, most of which all having good reviews. Outside of spending a couple days crawling through every listing, reading reviews, looking at websites and carefully picking one that seems to have the best reviews, we have put together some tips and tricks to help you know if you really are talking to the best of the best.
Experience in Their Field
Not to be biased against brand new property management companies, but having experience is one of the best indications that a potential property manager knows the business. Sure, a property management company that has only been in business for a year or two may very well do a good job managing your properties. But what happens when that day comes when everything all breaks at once? Or multiple tenants all begin trying to skip out on rent, or both?
It would be impossible to know how a new property manager would react to situations like this with never having faced it before. Finding a property management company that has been through most every situation before is important. Like any industry, the amount of time that a business that offers a particular service has been operating, will give you a clear indication of their experience in handling the many issues that may arise with your property.
Ask About Professional Connections
When a toilet stops flushing in one property, and the roof springs a leak in another, and then you turn around and blink and all of a sudden here are ants in another, one person, no matter how motivated will not be able to address all of these issues immediately. This is why a good property management company will have a tremendous number of relationships with many contractors and servicemen.
Just being able to make a few calls and trust that all the issues will be tended to in a quick and professional manner is essential to keeping your properties in tip top shape. Also, the speed in which you address issues with rental properties, will show tenants that they are valued and is essential to tenant retention.
Look at The Lease Agreements
We certainly don’t expect you to be a legal professional, and sometimes lease agreements can be confusing. However, if you are really talking to the best property management company Las Vegas, they will be able to explain all the sections and clauses of their standard lease agreements in terms that you will be able to understand.
Look for important clauses in the lease agreement such as how deposits and fees are handled, limits in the amount of people occupying the property, pets and how rent and late fees for rent will be handled. Other things that can be covered by a lease agreement are severability clauses and how the property can and will be accessed by tenants.
The Rental Lister is the Best Property Management Company Las Vegas
The Rental Lister is the premier Las Vegas property management company. The owner and operator of The Rental Lister, Mark Lister, has been managing properties in Las Vegas for over 21 years. In all of that time, Mark has never been taken to small claims by a tenant, and has won every eviction that he has been forced to file for.
The rental Lister has an extensive network of contractors and handymen, that can be immediately available for repairs to your property. We also have some of the most comprehensive, detailed and legally solid lease agreements in the business.
If you have a property, or properties, and are looking for the best property management company Las Vegas, call us today!