There is no norm for property management companies - you have to compare fees for services rendered and each one is a bit different. There are some companies that charge for every little thing in addition to their normal fee and there are others who incorporate everything in one fee so you don't have to worry about the nickel and dimes. I own a small property management company that is full service and I take care of both my landlords and tenants and specialize in catering to their individual needs that larger companies can't do. I work directly with investors in purchasing their properties after evaluating their rental potential and set up their individual accounts as they need them. I would be happy to discuss my fees and what they include as well as what constitutes a good investment property with which I can help you find. Please feel free to call me to discuss both my fees and potential properties.
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
(702) 839-2798 direct
(702) 442-6160 fax
I cant tell you how many agents tell me about there clients who live in rentals that have unresponsive property managers. So service to the tenant is important as well.
There are many factors involved with investment properties that would take to long to explain here. Biggest one is cost VS rents or return on investment. We will only have the owner pay for the HOA and home warranty to cover big costs. I also recommend that the owner pay for trash and sewer. This is due to if the tenant does not pay, you may not know about it and they can lien the property. This can add up fast. We also recommend that you incorporate the property for tax and liability purposes. I am not a lawyer or a tax professional so do homework on this as well. We do work with several and can put you in touch with those people.
All that said, there is still incredible opportunity here in the Las Vegas market for investment properties. Do you research and call around. I would be happy to discuss our services and fees more personally with you
8625 S Eastern Ave
Las Vegas NV 89123
Prominent Realty Group, LLC
Buyer / Seller / Property Management
Cell - 702.501.0973
Website - http://matthewsellslasvegas.las.mlxchange.com
Although this may be the case with many property management companies, it is not true for all.
If you are still seeking information on this subject or interested in making an investment purchase, I would like to offer you the opportunity to browse through our website.
Unless you're buying cash, "financing" would be Step 1. We would like to offer a bit of insight into that area:
If you are paying cash:
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Clinton A. Lewis Jr. - REALTORSÂ®
Limestone Investments, LLC.
LV Property Search