How much will have to be determined by area, sq ft, community ammenities etc. For a free evaluation, you can email me directly. No cost and no obligations
8625 S Eastern Ave
Las Vegas, NV 89123
Realtor, Property Manager
Hope that helps
There are several factors which would determine whether you should furnish a rental property or not.
Is the property currently furnished? How much would storage cost? How much would it cost to move it out? You do get a higher rent for a furnished unit and without the additional cost of moving it out or storing it, it would be more beneficial to have it furnished.
If the property is not furnished, you will have to way out the cost of the furnishings over the difference you will receive in the higher rents.
We handle both furnished and unfurnished property management . As others have stated, you will get more short term rentals out of the unit and if it is in a good location with amenities, it shouldn't be too much of a problem keeping it rented. Although there are occasions where someone is relocating to the Las Vegas area and are looking to live in an area prior to moving all of their belongings here, you have much more to deal with in a furnished place - potential damage and more turn around.
If the property is not currently furnished, it is best to rent it out as is and have it be more profitable. If in the event that the property is already furnished and there is no outlay of additional cost, then you can try renting it out furnished for a while. This is a better option than having to pay for storage or moving costs.
If we can be of any service to you when the time comes, please feel free to contact us and we can do a cost analysis for you to make your final decision.
ABR, GRI, RRG, SRES, Realtor
Licensed Property Manager
Urban Element Property Mgmt
a division of:
Fortress Real Estate Services
8225 W Sahara Ave., Ste H
Las Vegas, NV 89117
Median leased price is $0.75 per square foot
Median days on the market is 28
Median leased price is $0.91 per square foot
Median days on the market is 24
So far furnished looks good, right? Well...maybe not. Experience tells me your turnover is going to be dramatically higher on furnished units...like every 3-12 months vs every 12-36 months with an unfurnished unit. Increased vacancy and lease up costs will quickly negate the higher rent you will receive from a furnished unit and in the end you'll probably do better with an unfurnished unit.
My info is below if you need a property manager specializing in Summerlin
Silver State Realty & Investments
Prominent Realty Group, LLC
Buyer / Seller / Property Management
Cell - 702.501.0973
"A Nation of Sheep Breeds a Government of Wolves".
Website - http://matthewsellslasvegas.las.mlxchange.com