Property Management Rates & Fees
Shelter Realty specializes in single-family homes, condominiums and town homes. Where many local property management websites tend to bury or vaguely display their fee schedules, our Las Vegas property management fees are straight forward and competitive.
Las Vegas Property Management Fees:
|Management||8% of Gross Monthly Rent (minimum $80)||Monthly|
|Admin Setup||One-time Fee Due At Contract Signing||Waived|
|Tenant Placement||Lease Signing & Move-in Inspection (New Tenant)||$200|
|Agent Referral||Referral Fee Paid to Referring Real Estate Agent||$300|
|Lease Renewal||Lease Renewal Addendum to Lease||$100|
Shelter Realty charges 8% per month (minimum $80), which covers management and accounting responsibilities.
Our minimum reserve requirement is only $250.00 (depending whether you have a home warranty or not), which we collect to cover the immediate costs of authorized minor repairs and maintenance work.
Here Are A Few Ways Shelter Realty Will Save You Money:
1. Tenant Screening –
A thorough tenant screening process is an essential step in obtaining a qualified tenant(s) who will maintain the property in good condition and pay his/her rent on time.
2. Maintenance / Administrative –
Shelter Realty does not charge miscellaneous fees to coordinate the repairs. And since we manage over 600 local residential properties, our vendors and maintenance contractors tend to give us volume discounts.
3. No Advertising Fee –
As a benefit to our landlords, we do not charge extra fees for online advertising and marketing.
Between a series of strong search engine marketing campaigns, single property web sites and an aggressive Craigslist advertising schedule, Shelter’s online presence has a proven history of getting properties rented within 20-45 days.
Obviously, if you request offline advertising, such as newspapers or other related print classifieds, those charges will be passed back to the landlord.
Keep in mind though, many of our rental properties have been successfully rented strictly from our overwhelming online presence, as well as through the MLS and REALTOR partner relationships.
4. Accounting Services
Shelter Realty’s landlord, tenant, statements, banking, monthly payments… and all other secure and sensitive information is managed through the number one property management software company, AppFolio.com.
One of the benefits of AppFolio is that our tenants and landlords can login to view their accounts, pay rent, receive payments and pay bills.
And more importantly, AppFolio is a security fortress that keeps everyone’s personal information totally safe and private.
In addition to your online account access, Shelter Realty will provide you with a detailed report each month that breaks down all income and expenses for your property.
All invoices and receipts for any repaired items as well as any correspondence on your property will be included in each report. These reports will be sent to you no later then the 15th of each month.
Owner proceeds will be disbursed by the 10th of each month by direct deposit (preferred) or check, unless the tenant pays their rent late.
A 1099 tax form will be provided at years end for all tax and accounting purposes.
We are a full-service residential property management company.