I must say that I am shocked at some of the stories that I have heard from our clients about some of their previous Las Vegas Property Management Companies. Needless to say, not all Property Management Companies in Las Vegas are the same. If you have an investment property in Las Vegas and you are thinking about hiring a Property Manager to maintain your property, make sure you research a few companies before selecting one. Selecting the right property manager can make all the difference in the world.
A few things you should expect without question from your property manager:
- Proper Licensing
- Tenant Screening (credit and criminal checks, references, past landlords, etc…)
- Rent Collection – You think this would be obvious but after some of the stories I have heard, it’s not
- Monthly Accounting Statements
These are just some of things you should expect from your property manager.
One area that is often over looked by many when looking for a property manager; do they work full time in the property management field? Many property managers offer property management to make extra income while they spend most of their time working with their clients that buy and sell real estate. If your property manager isn’t working full time in the property management field, it’s hard for them to keep up with the ever changing laws and most importantly, making sure your tenants are maintaining your property.
So if you made the decision to find a Property Management Company in Las Vegas to maintain your investment, make sure you do your homework and find an experienced property manager.