I believe the quality of the renter is in the screening process. Coldwell Banker Has a rental service with access to the right screening resources. We take care of everything from start to finish. We help find you renters then screen collect deposits rent and follow up with them months later to ensure satisfaction.
Also have it written in your renters lease that you will be doing the occasional 24 hour notice maintenance walk through.
In addition on or between West Flamingo and West Tropicana are great areas for renting your investment property. This is where so many of your casino workers live, and these are people with a great work ethic. I hope this helps. I would love to be your agent on this one, however if you already have chosen an agent, email me and I will give you a list of some great properties in this area
May I suggest that at this point you need to select a REALTOR. Any one of us that have been replying can help you, they seem to be full time Real Estate professionals with experience, at least they sound like it and I know I am. Moving from out of state can be stressfull, but it truley dosn't have to be with the right resources to guide you.
I would be delighted to be that resource, visit my website to find out more.
Sia Howe, MIRM, CSP
I always find the answer posted quite interesting and amusing. I have to agree with Mark, it is all about the pre-screening of tenants. I have managed properties for close to 15 years now and tenant screening is paramount. I have had many great tenants in homes and condos that were valued under 50k, 300k, and higher. I have also had not so great tenants in both inexpensive and expensive homes. The quality of the tenant is not based on the neighborhood. The tools available now for tenant screening are amazing. My suggestions would be to find a property that fits your criteria and have a licensed property manager give you the comparable rentals and other pertinent information you need to make an informed decision. I can say the areas you have listed have many great homes and condos available at very affordable prices.
I hope you find the property and tenants you are seeking. If I can be of any assistance with the management, please feel free to contact me.
Jeffrey L Sklar
Those zip codes are great locations; however, I'm not sure how you define a quality renter...
Just because the area is more expensive and newer, doesn't make the renters higher quality...
I believe a high quality renter can be found in any zip code, and like some agents below stated, it's all about the pre-screening of the tenant... a high quality tenant is one that will make there payments on time, and not maintain your property proactively.
You can still buy in a nicer area and have tenants that will destroy everything... so it's all about pre-screening and checking in on the property.
As a property manager, I can tell you that homes are more in demand than condos, all over Vegas. My team manages over 200 properties, and we have tenants waiting for houses.
John, my team and I can help with any of your Las Vegas Residential Real Estate needs or questions; feel free to contact me direct.
Mark D Fleysher, MBA, Broker, REALTOR
The Jack Conley Realty Group
C. 702-291-8186 F. 702-946-0843
Quality location helps but properly screening your tenant is key. There are literally a couple dozen zips that would be considered quality areas. This is where a REALTOR with experience in our Las Vegas Valley will be invaluable.
If you would like more details on what are highly sot after rental properties feel free to contact me. I have a lot of experience in helping tenants find rentals so I know what they are looking for and I know how to screen them.
Sia Howe, MIRM, CSP
I agree, that a "quality neighborhood" will help. However, you either have to obtain the services of a "quality property manager" or do an excellent job of screening your tenant.
In any event, there are no absolute guarantees no matter which way you go. If you care to discuss further, I will be happy to five you some ideas.
Quality renters will usually be found in the "quality" neighborhoods. A good choice therefore becomes Summerlin or any of the many planned communities that are stable and have amenities to support the residences. Of course, your price range will have an impact on what neighborhood you can purchase in, but I have seen rentals sell in the $120s even in superior communities like Summerlin.
Luxury Homes of Las Vegas
This $1300 a month assumes a non-owner occupied 5.25% interest rate with 20% down, homeowners, taxes and property management. Property managers are my best source for houses that rent easily, with the highest potential rent and the best qualified renters
David Cooper 702-499-7037
For a Free List of Bank owned, REO, Distress Sale, Government homes rental properties in Las Vegas with excellent ROI and guaranteed rent.
Free MLS list of hot properties, and you are never obligated to anything Please visit http://www.freelasvegasrealestate.com
Thank you for the opportunity
Not not sure what you are looking for in detailed community info. Those zip codes include dozens of 'communities'. Real Estate values and statistics we all have access to and can send them via e-mail if you provided us your e-mail. Are you looking for hospitals, schools etc?
You are right these zips do have some of the best price per square foot values, as well as many newer homes. My experience is that renting nice properties here is good.
Sia M. Howe, MIRM, CSP
Prudential Americana Group, REALTORSÂ®
10777 West Twain Avenue, Suite 333
Las Vegas, NV 89135
Thank You for your business,
Realty Executives of Nevada
1903 S. Jones #100
LV, NV. 89146
Southwest is always a good area for casino worker's, one tip is specifically find out how long they have been on their job, my company coldwell banker will handle all your renting needs if you want them too. I would suggest a town house due to banks not wanting to give loans on condo's. I have so much more advise to give you, call me tomorrow afternoon.