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Triumph Property Management Blog

Our blog features all the latest real estate news, stories and opinion pieces you need. We continue to provide quality and relevant blog content to inform our returning readers.

February 24, 2020Why you should add your property manager as an additional insured on your insurance policy

If you’ve started working with a reputable property manager, they’ve probably already requested that you add them as “an additional insured” on your home insurance policy. This exact language may even be in the contract you sign with them. But, just what does “additional insured” mean? In this article, we’ll dive into the meaning of this phrase, why it is important, and how you should go about updating your insurance …

February 24, 2020Your comprehensive property maintenance checklist for all seasons of the year

As every property owner knows, taking care of a property is a full-time job. However, with our increasingly busy lives and limited free time, it can be difficult to stay on top of essential property maintenance tasks. It’s time to think about things in a different way. Our recommendation is that you approach property maintenance by breaking up tasks into the different seasons. This ensures that you get the essential …

January 31, 2020New laws impact the eviction process in Las Vegas and Nevada

While a vast majority of tenants fulfill the terms of their lease without issue, there are scenarios in which eviction is required. Despite what you might think, eviction is more than just kicking a tenant out of the property. It is an exact process, governed by state law. In order for a summary eviction to be successful and timely, a landlord or property manager must follow a series of required notices …

January 25, 2020Top 5 Most expensive property repairs and the best ways to avoid them

Owning a rental property is a great investment. Unfortunately—as every owner and property manager knows—it’s not just a set-it-and-forget-it process. For all their potential upside, rental properties can have their drawbacks. Outside of normal upkeep and maintenance expenses, there are some distinct rental property issues that can lead to high repair costs, the loss of revenue, and other headaches for you. In this article, we’ll review the 5 most costly property …

January 25, 2020Does your property need pest control during the winter?

Most people start thinking of pest control when spring arrives and pests start to come out in full force. But what if waiting until spring is part of the problem? Although most property owners think pest control isn’t necessary during winter, nothing could be further from the truth. If you want to get ahead of your pest problem once and for all, you may want to keep paying your contractor to …

November 28, 2019Why Are More Californians Moving to Nevada?

More Californians than ever are moving from the Golden State to the Silver State. Reports show that, in the decade to 2017, almost half-a-million Californians made the transition across the border to Nevada. One striking feature of these statistics is that it’s almost never the other way around. For example, over the same period, only 300,000 people made the move from Nevada to California. More recent statistics show that there has been …

November 18, 2019Top 5 Most Expensive Property Repairs and How to Avoid Them

Owning a rental property is a great investment. Unfortunately—as every owner and property manager knows—it’s not just a set-it-and-forget-it process. For all their potential upside, rental properties can have their drawbacks. Outside of normal upkeep and maintenance expenses, there are some distinct rental property repairs that can lead to high costs, the loss of revenue, and other headaches for you. In this article, we’ll review the 5 most costly property …

November 5, 2019Vegas Property Management With a Difference

Introduction Triumph makes property management accessible to all, your complete Vegas property management provider. With an 8 percent monthly rate, coupled with first-month free management fee, we bring affordable real estate solutions that never compromise on the quality of service you seek. That’s what makes Triumph different – and what has propelled our service to become the most popular property management company throughout the city. No matter what type of property management service …

October 25, 2019Time Management Tips for Property Managers

Introduction Given the multitude of tasks that property management involves, it’s essential that you know how to manage your time. Here, we’ve put together some top time management tips for property managers that you need to know. Property managers have innumerable tasks, all of which must be coordinated and juggled at the same time. There are two primary goals of every property manager: to keep property’s functional at the highest possible …

October 17, 2019What Drives Property Market Supply and Demand

Property Market Supply and Demand As with many other types of business market, the property market is driven by supply and demand. Property prices fluctuate depending upon the factors that influence both supply and demand. Knowledge of these factors equips you with the capability of knowing when to rent/buy and, perhaps just as importantly, when to sell. At the most basic level, when property supply is greater than demand, prices fall. That’s …