Are you considering property management services in Las Vegas, Nevada?
Owning a rental property can be a rewarding experience. With the average rent in Las Vegas being $1,188 in 2020 according to apartmentguide.com you can generate a steady income stream for yourself.
However, there is more to being a landlord than collecting rent. From the application process to move-out, having a property management company on your side will ensure that everything is done quickly and correctly.
So, what exactly does a property management company do?
Here at Americana Property Management & Real Estate, we do all the hard work. We find high-quality tenants, maintain the property, and maximize your cash flow so you can have peace of mind.
Our property managers will handle any day-to-day issues that arise with tenants. We have an experienced and knowledgeable team capable of handling HOA violations, tenant issues, and maintenance concerns with ease.
We know the business! Our team is licensed in both property management and real estate so you can be confident we will help you make the best decisions for your investment property.
Finding high-quality tenants is tough
Finding good tenants is perhaps one of the most challenging tasks for an owner.
Many factors can make a tenant a good or bad fit for your property. Will the tenant pay rent on time? Will they take care of the property? Do they have a prior eviction?
These questions should be a top priority when screening an applicant. Accepting a tenant without regard to his or her personal history may cause you to lease to a problematic tenant costing you more time and money.
At Americana Property Management, we are experienced with the tenant screening process. Our property managers conduct thorough and complete credit and background checks on all applicants in addition to contacting their current landlord. We want the full picture of who we are placing on your property.
We will make sure to select tenants who will:
- Make timely rental payments
- Commit to being long-term renters
- Treat your property as its own
Helping you find a qualified tenant for your property is one of the most important steps for our team. The Managers who work with Americana Property Management & Real Estate have years of experience and have screened hundreds of applicants.
If you are ready to have us start screening tenants for your property, fill out the online proposal! (It’s free and takes less than 3 minutes)
Need legal help? We got you covered
When you hire Americana Property Management and Real Estate we will handle all of the aspects of your rentals.
Rental and housing laws are different from state to state and change often. It can be difficult to keep up with the laws especially if you are not a Nevada native. At Americana, our Managers keep up to date, so you don’t have to.
Americana Property Management would be responsible for handling all of the legal aspects of renting properties.
- Processing Lease’s and Applications
- Posting 7- Day and 30- Day notices
- Processing evictions
- Obtaining constable lockouts
- Court appearances
Our managers help ensure that every property complies with Nevada law. We do it right the first time to avoid costly lawsuits and legal issues.
Setting the right price can be a challenge
Setting the right price for rentals is tricky. Without enough research, it’s easy to set the price too high or too low.
Too Low? You will lose out on the money you deserve!
Too High? You will miss out on prospective tenants!
At Americana, we know how to set the right price! We take into consideration the property’s size and condition, as well as many other factors when looking through the surrounding neighborhoods for comparable rentals.
Our Management team will present you with the best price range to set while listing your property for rent. Americana has properties in nearly every neighborhood in Las Vegas, North Las Vegas, and Henderson, no matter where your property resides you can be assured our Managers will help you set the best price for the best tenants and the best profit!
Collecting rent is harder than you think!
One of the biggest issues for Landlords is rent collection. Americana makes it easier!
We have set policies to encourage tenants to pay on time, and for tenants who need extra reminders, we send out 7-day pay or quit notices for anyone over 5 days late.
The Agents at Americana understand that you count on the rent being paid on time to take care of what you need to.
Americana Property Management and Real Estate are set up for tenants to pay rent in various ways.
We take payments here at the office in Cash, Check, and Money Orders. There is an option available for tenants to pay at 7-11 or CVS. We also have online payment options for tenants to pay with a credit or debit card and even set up automatic payments.
Even with all these options inevitably tenants will run into problems paying. Our Agents are here to field these calls and make sure that the rent is collected in a timely manner.
We have safeguards set up against bad checks and bounced payments to protect your accounts.
Let Americana assist with budgeting
Managing the budget for your property is probably one of the most daunting tasks of being an owner. It is extremely important to have funds set aside for your property in case of an emergency.
We have an average reserve set of $300 for most properties, though we do a risk assessment for each.
Inevitably repairs will have to be done on properties. We make sure that the money is there to make simple repairs easier.
We keep records on all invoices and transactions that go through the property making it easy to track your budget and see where your money is going. We provide ledgers detailing all the transactions and will prepare and send you a 1099 tax form and a year-end statement each tax season for your records.
The management team at Americana will communicate all charges with you. We provide a monthly owner statement and all invoices charged to the account. Unlike other companies, we offer statements and funds to be sent out twice monthly. We believe in transparency and communication; it is, without doubt, the best way to conduct business.
Leave the lease enforcement responsibilities with us
Leases are the legal documents that protect the renter and the owner.
Generally, leases set the terms for the amount of time the renter is going to be at the property, the amount of rent paid, and the responsibilities of each party.
Since all our owners need different terms for their properties, we offer certain addendums for appliances, furniture, pets, and pools. We clearly lay out what is expected so that your property stays safe.
Americana Property Managements leases are binding, ensuring that if the tenant violates the lease in any way, we have laid out guidelines on how to move forward. That can be anything from notice to an eviction proceeding, depending on the violation.
Being able to legally hold the tenant accountable for damages or missed payments is a crucial part of what makes having Americana Property Management company on your side worth it. We protect all parties for the best service available.
Maintaining the property can get messy!
Maintenance orders are an everyday part of our job at Americana. We get calls about small issues like leaky faucets to much bigger problems like water heaters and A/C’s, our Management team quickly and efficiently delegates them out to the best vendors in Las Vegas.
All of the vendors that Americana Property Management works with are licensed and insured. We make sure that the people we send out to your property are the best for the job and will give you the best price. Managers will follow up with vendors, insurance, home warranty companies, and tenants as needed in order to make sure that all issues big or small get resolved.
Tenants are always able to report maintenance issues; during business hours we take calls and walk-ins, outside of business hours we offer online portals, email, and a 24h emergency phone line.
The Managers at Americana are always available for emergencies to make sure your property is taken care of. We go above and beyond what other companies offer to give our owners the best service.
Let us help you get ready for tax season
A landlord makes a profit by collecting rent consistently and knowing how to reduce the rental property’s tax burden.
If a landlord cannot claim the correct numbers of deductions, they could face heavy penalties from local, state, or tax agencies.
If a landowner does not claim the right amount of deductions, he will increase the amount of tax the landlord had to pay.
A property management company can help the landlord know which deductions to claim and help him get his taxes organized each year.
This will save the landlord time and money and help him avoid huge penalties that the federal tax agencies can issue for filing their tax incorrectly.
You don’t want the legal or tax concerns to dampen your experience as a property owner, as it can be a time-consuming, unenjoyable experience.
Reducing vacancy cycles is our priority
A vacant property is not helping anyone. We want people who will rent your property and stay awhile. Getting the property rent ready is a big part of that. Remember, if you don’t make money neither do we!
Cleaning and repairing a unit to be rented can be an intimidating task. Units must meet a certain standard in order to be rented at the best price for the best profit. With Americana Property Management what could take months to complete on their own, can only take a matter of weeks. We know the vendors to use what needs to be checked and fixed, and what can be left alone.
We find the right people
A landowner might find it difficult to market his property to others. However, property management companies make sure that your property reaches the right audience and potential tenants.
They target properties by looking at demographics and the people. You cannot market a one-bedroom apartment to a family of five.
Property management companies do extensive market research and advertise your property to the proper customer. They might also advertise your property on their website or other online websites; most people today try to find their houses using the internet.
This helps the landlord to promote your rental property to a broader audience quickly!
Enjoy peace of mind, friend!
Perhaps the most beneficial aspect of hiring a property management company is peace of mind. You do not have to worry about the property’s rent or maintenance, saving you money and time. This allows you time to focus on other investment opportunities or be with family and friends.