What To Look For When Searching For Las Vegas Property Management Companies

by | Apr 16, 2013 | Real Estate

What To Look For When Searching For Las Vegas Property Management Companies

If you own a home or a complex that you rent out in the Las Vegas area you know how time-consuming it can be to manage everything yourself. From the locating and screening of new tenants to the upkeep and maintenance of the units. That is why a property management company can be the best decision of your life. This article will offer some key points to look at when searching through Las Vegas property management companies and how to find the one that is right for you.

First you want to make sure that they have been around for a while. This usually means that they have done at least fairly well in the area with other people’s properties so they should do well with yours too. The other thing you want to check out is the Better Business Bureau followed by online testimonials left by current and past owners. This should weed out most of the not so great companies.

Next you want to make sure that the company you hire does everything that you need them to do. Here is a list of some common services that most property management companies offer.

  • Acquiring new tenants, doing background checks, credit checks, and checking on personal referrals, etc.
  • Taking care of all accounting including collecting rent dues
  • Up keep of the property including landscaping
  • Taking care and fixing of the units including heating and air conditioning
  • Managing of community pools if there is one
  • Handling any legal actions including evictions

That is just a basic list and you will see other services included as well. The point is that you need to make sure that when you do decide on one of the property management companies you’re looking at that they will do everything they say they will. Keep your eye on things and make sure that they are doing their job. Don’t just assume that they are or you could get taken advantage of. Even if you live out of the area try to keep tabs on your tenants and property on a regular basis. This will prevent any upsets in the future insuring a pleasant relationship between you, your property manager, and your tenant for years to come.

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