5 February 2016

Why Las Vegas Landlords Hire Property Managers

las vegas landlords

If you are a Las Vegas landlord one of the most important decisions that you’re going to have to make sooner rather than later is to hire a property manager or a property management company to manage your portfolio of Las Vegas rental properties.

Management companies deal directly with prospects and tenants, saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions. Plus, a good management company brings its know-how and experience to your property, giving you the peace of mind that comes with knowing your investment is in good hands. Finally, a management company is an independent contractor, so you avoid the hassles of being an employer.

Source- nolo.com

The reason why you need property management is simple, hiring a property management company will save you the time, money, and hassle of managing your rental property yourself plus make your life a lot easier and enable you to spend more time focusing on growing rental property portfolio rather than continuing have to deal with the day-to-day responsibilities of managing your rental properties which include tasks like:

  • Rent collection.
  • Customer service
  • Maintenance requests

Sadly, many Las Vegas landlords who read this article will still be on the fence if they should hire a Las Vegas property management company or not because, one of the most common misconceptions in this industry is that landlords can save money by managing rental properties themselves but, if you really take the time to analyze how much time and money you’re spending managing your own rental properties it’s easy to see the long-term benefits or return on investment that you will enjoy by having a qualified property management company in Las Vegas managing your portfolio of rental properties for you.

Some of the other reasons why Las Vegas landlords hire qualified property management companies in Las Vegas include:

They Want Fewer Problem Tenants

Every Las Vegas landlord wants tenants that will not cause problems but the sad truth is that unless you’re taking the time to thoroughly do a complete background and or credit check on a tenant there’s no way to guarantee 100% that a tenant will not cause problems for your future.

Thankfully when you hire a Las Vegas property management company you can have confidence that we will not recommend problem tenants to you because, our staff takes time to thoroughly complete background and credit checks on the tenant and we will only recommend to you the most qualified tenants to rent your Las Vegas rental property.

Better Customer Service

Another reason why many Las Vegas landlords will hire a qualified property management company in Las Vegas includes the fact that they want to offer their tenants better customer service so that it their tenant has a question, comment or concern regarding the rental property it will get a call back within minutes instead of having to wait hours or even days for response.

If something breaks in your property, it can be a pain to have to drive over to the unit to inspect it yourself (especially if you’re not local). Tenants with a property manager will have someone to address problems to at all hours of the day, so you won’t be bothered.

Source – Zillow

Decrease Turnovers

No Las Vegas landlord likes to have turnovers but the reality is that turnovers are often a result of not properly screening a potential tenant before renting them including checking their background, credit, job history or references.

Thankfully when you hire a Las Vegas property Management Company you have complete confidence that we will do our part to decrease tenant turnovers for you by screening tenants for you properly from the very beginning and insure that your tenants needs are satisfied to decrease tenant turnover.

Studies have shown that happy tenants tend to stay in rental properties longer because they feel that all of their needs are being met there and they don’t feel the desire to look for another rental property elsewhere once their leases come up for renewal.

On Time Rent Collection

As a Las Vegas landlord the number one thing that you want to have in your business is on time rent collection but, timely rent collection is a problem for many landlords and it’s not uncommon for them to have problem tenants or people who pay late each month

With an experienced Las Vegas property management company you can have confidence that we will enforce on time rent collection with tenants and once the rent is collected it will be deposited in your account on time every single month so you can enjoy the benefits that come from owning Las Vegas rental property.

Less Stress for You

Last of all but most important, another huge reason why Las Vegas landlords hire qualified property management companies to manage their Las Vegas rental properties is because this decision means less stress for them.

When we manage your Las Vegas rental property for you, this will free up your time so you can invest your time wisely in growing your portfolio of rental properties, spending time with your family or enjoying a lifestyle that involves one that’s not tied to your cell phone listening to calls or text messages from tenants, especially on weekends, because, you can have confidence our excellent customer service and support will properly manage all needs regarding your Las Vegas rental property.

About Us

Triumph Property Management was founded with the idea that Las Vegas property management can be a confusing and complicated business! We made it our mission to make the entire process easier for investors, allowing you to make money while we handle the day-to-day complexities.

Our wide-ranging services cover everything:

Property Maintenance

Marketing

Tenant Selection

Eviction

Delivered by an experienced team who work together to meet our pre-defined goals. We strive to go beyond your expectations with quality services that have become the very hallmark of Triumph.

Source – Triumph Property Management

Contact Us

Save time and money with Las Vegas Property Management by contacting Triumph Property Management today.

Call us at (702) 367-2323 or click here to connect with us online.