Immediate opening for full time Las Vegas Residential Property Manager/Field Coordinator. This is a field position consisting of move-ins, move-outs, make readies and inspections. You must have reliable transportation and drivers license. You must possess a Real Estate License and Property Manager Permit. If you do not possess a real estate license and permit, please…
National home values have risen and your investment properties probably gained values too. The Internal Revenue Code Section 1031 gives investors the ability to defer capital gain tax when you exchange business-use or investment property for another business-use or investment property. There are many ways of exchange. For example, sell a vacation rental home in Hawaii…
I receive calls from Yelp at least once or twice a month to sign up for their ad program for Business Owners but I have yet to sign up and for very good reason. As many property managers know, managing rental properties is a thankless job. It’s very rare you receive phone calls from landlords or tenants stating how happy…
There has been a lot of public discussion whether the new Homeowners Bill of Rights (Nevada Law SB 321) will open up short sale transactions that are not considered “arms-length transactions”. The term “arm’s length” means that a sale does not occur between principals who are close relatives, those with existing business relationships, straw-buyers etc.…
Shelter Realty, per our lease agreements, requires all tenants to purchase renter’s insurance. Many tenant’s inquire as to why we require them to purchase rental insurance. Laurie Yakubik with Farmer’s Insurance has provided the following information about the importance of having renter’s insurance. HOW RENTERS INSURANCE HELPS COVER YOUR VALUABLES Imagine a moment you’ve just…
As of this writing, the Greater Las Vegas Association of Realtors Multiple Listing Service (MLS) showed a total of 8,793 active Single Family Homes, Town Homes and Condominiums available with no offers. Here is the breakdown: The University of Nevada-Las Vegas’ Lied Institute for Real Estate (pronounced “LEED”) reported in its Housing Market 2013, 2nd…
The Las Vegas real estate market has seen a run up of about 32% across the board over the past year according to several sources such as Zillow.com and Greater Las Vegas Association of Realtors released for the month of August 2013. During the past three months there have been some fundamentals in the market…
I spoke with one of our property management clients today and he inquired about selling his Las Vegas home but he wanted to know if he had to wait till the tenant vacated the property before he could sell. This was the second time I was asked this question in the last two weeks. Any…
Statistics provided by the Greater Las Vegas Association of Realtors reported that in June of 2013 the median home price in the Las Vegas area was $183,569. That is a nearly 38% increase over the median price of a single-family home in July 2012 and up 55% since the bottom in Jan 2012. The $183,569…
Many real estate investors are finding the Las Vegas area, including Henderson and North Las Vegas, a great place to meet their investment goals. Investors from out of state or out of the country are flooding the market with cash and snatching up homes. Especially these days, you often find news articles talking about how…
Many Nevada landlords are not aware they have a responsibility to provide the tenant with an itemized accounting of their deposit within 30 days of the termination of tenancy. If the landlord fails to return the tenants entire deposit or an itemized accounting of the deposit within 30 days, the landlord could be held liable…
Las Vegas, NV – February 5, 2013 – Shelter Realty Shelter Realty’s top producing short sale listing agent recently added the CDPE (Certified Distressed Property Expert) designation to his license after completing their intense two day course on January 29th, 2013. The Charfen Institute which created the CDPE course has established itself as the preeminent…
