One of the biggest decisions you’ll make as a landlord is whether you should hire a Las Vegas property management company. Many landlords manage properties on their own, but sometimes landlords need more help, and that’s when a property management company might make sense.
Property management by New Home Resource can be a huge asset to your business!
Real Estate Business: What Does a Las Vegas Property Management Company Do?
As your property managers, New Home Resource would 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, New Home Resource 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, New Home Resource is an independent contractor, so you avoid the hassles of being an employer.
In addition to our extensive reach on the local MLS, for maximum exposure, your property will be posted to rental internet sites such as these: Zillow, Trulia, Backpage, PropBot, AOL Real Estate, CLRSearch, HotPads, Oodle, Military.com, Enormo, Local.com, Vast, Cyberhomes, Zumper, Lovely and more!
When Should You Hire a Las Vegas Property Management Company?
You should consider hiring New Home Resource to manage your properties if:
You have lots of properties or rental units. The more rental properties you own and the more units they contain, the more you’re likely to benefit from New Home Resource as your management company.
You don’t live near your rental property. If your rental property is located far from where you live, hiring New Home Resource as your property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar.
You’re not interested in hands-on management. Many landlords look forward to the challenge of finding good tenants and the rewards of maintaining a safe and attractive property on their own. But if you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring New Home Resource to manage your property.
Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if landlord–ing isn’t your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then hiring New Home Resource as your management company may be a good way to spend your money.
You’re suddenly inundated with management tasks. If your business is growing, at some point you may find that you need a substantial amount of help to manage everything properly.
You don’t want to be an employer. If you hire a resident manager or other employees to help with your property, you become an employer. You’ll have to handle payroll and deal with a host of other legal requirements and considerations. But, because New Home Resource isn’t your employee (it’s an independent contractor), and neither are the people who work for NHR, you avoid the hassles of being an employer.