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Property Management Blog

Tuesday, October 20, 2015

Rents are increasing throughout the country!
Being a property manager in Las Vegas, we have been slowly increasing rents this past year.  Mainly because the past 10 years rents have been declining due to market conditions and the market place is changing.  Landlords would accept less rent simply to keep a resident in place to offset their mortgage from 2004 - 2014.  N...

Thursday, August 20, 2015

Debunking the Las Vegas Water Myth
Whether you are buying a investment property and Las Vegas, or thinking about selling your Las Vegas rental home, one of the myths that the public talks about is whether Las Vegas will dry up soon. This has become a fairly hot topic especially since California is in a huge drought. But most people don't know is that Las Vegas is one of th...

Thursday, August 6, 2015

Who Are The Dominant Foreign Buyers Of U.S. Real Estate in 2015?
My good friend and accounting adviser, Rich Hart with Hart & Associates, recently sent out a update regarding who was buying Real Estate in the U.S.  While being involved in both the Las Vegas Real Estate market and Property Management business, I need to know how the trends are affecting both Las Vegas market and the US.  T...

Wednesday, August 5, 2015

Who are the dominant foeign buyers of U.S. real estate?
My good friend Rich Hart, President of Hart & Associates, Tax Consulting and specialist in representing and filing all documents related for foreign investors.  He sent me this article today and it gives great insight to who is buying real estate in the U.S. and most important, why!  Please read.  If you are a foreign i...

Monday, June 29, 2015

Rent prices officially going up!
Over the past 8 years, rent increases have been hard to come by to say the least.  Many times Las Vegas Property Management companies had to reduce rents to keep their properties occupied and keep rents coming in for cash strapped landlords.  Starting in 2014, we have been seeing a slow increase in rents, which was shocking to o...

Tuesday, May 5, 2015

BLM Land Auction - Is it a indicator of future home prices in Las Vegas valley!
With over 15 years in the Southern Nevada real estate market, one of the main questions I receive from our current and future investors in the Las Vegas property management market is “What do you think of the Las Vegas home prices in the near future?”  While I always tell my clientele I don’t have a crystal ball, I ...

Thursday, April 2, 2015

Home Owner Assocations (HOA) - To buy in or avoid!
My blog two weeks ago refers to some basic upgrades that help both current and future investors in the Las Vegas rental home market. I would like to add to this every few weeks so that the information I provide may help you understand other points of consideration when analyzing your current and future rental home purchases. Homeowner ...

Wednesday, March 18, 2015

Smart upgrades to increase your investment returns
I love watching the news and following recent media reports regarding the Las Vegas property management industry. This particular news article is telling everybody what we have been feeling for nearly a year now. The large institutional investors have essentially pulled out of the Las Vegas real estate market.  This large group of in...

Friday, January 30, 2015

Increasing rental rates becoming normal again
Over the last eight years, one of the last things Las Vegas property management companies were telling our residents was  “Your renting is increasing by X%”. Many of our clients found it upsetting to see rental rates stay flat or declining up to 20% here in the Las Vegas Valley. But that time has come to an end in many ma...

Friday, January 16, 2015

Will the real estate prices continue to improve?
One of the most frequently asked questions regarding the Las Vegas property management market is “Will Las Vegas home prices continue to go up?”  For many I would always say “Yes”, then 2006 hit.  The proceeding four years led to a 70% drop in some parts of the Las Vegas real estate market. So now when I ...

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