Las Vegas is an excellent rental market for investors from anywhere in the world, and if you’re interested in buying rental property or you already own rental property in Las Vegas but you live out of state, we can make sure your investments perform the way you expect them to.
Today, we want to share some of the reasons that property owners from outside of the area choose our team at Strawberry Realty Property Management to lease, manage, and maintain their investment properties.
Experience with Single-Family Las Vegas Investments
We focus completely on managing single-family rental homes in Las Vegas, and we’ve been doing this for more than a decade. We have the systems and the processes in place to ensure your investment is protected and profitable while in our care.
More importantly, our experience is personal as well as professional. We own investment homes too, and we understand the struggles of landlords – especially when they’re out of state. We’ll use our personal and professional experience to deliver peace of mind when you’re far from your investments.
Higher Earnings and Lower Vacancy Rates
When it comes to vacancy and turnover, we have some of the best statistics in the Las Vegas rental market. Here are some examples:
- Our vacancy rate is around 5 percent. The Las Vegas average is between 8 and 10 percent.
- Our lease renewal rate is 84.5 percent. This saves you money on turnover and vacancy costs.
- On-time rental payments are received 98 percent of the time, saving time and ensuring your funds are deposited consistently every month.
We know the local market and its rental values, ensuring you earn as much as possible on your rental property. Our out-of-state owners appreciate our attention to detail when it comes to pricing and preparing properties for the rental market, and renting them out quickly. Typically, your home will be occupied in an average of 13 days. Our median leasing period is actually 9 days.
High-Quality, Cost-Effective Maintenance
We protect the condition of your property with routine inspections, preventative maintenance, and 24-hour emergency care. Our vendors and contractors are some of the best in the business, providing us with outstanding service that doesn’t cost more than it should. You can’t take care of routine repairs from outside of Las Vegas, and you don’t have to. We take care of hiring the professionals, following up with the tenant, and tracking your invoices.
Technology, Transparency, and Communication
We’ve invested in some of the best and most innovative property management software and technology platforms specifically so we can communicate better with our out-of-state investors. You can see everything you need in your online portal, including accounting reports, lease documents, and maintenance records. You can also send us a message or take a look at photos and notes from our detailed inspections. Tenants pay rent online and request maintenance through their own portal, providing an automated and efficient system of keeping up with the needs of your property.
When you’re looking for experienced and personalized Las Vegas property management from afar, make sure you contact us at Strawberry Realty Property Management. We’re your local resource and your industry expert.