7 Things You Can Do to Keep Great Tenants

Are you looking for property management tips or things you can do to keep your tenants? If so, you’ve come to the right place! In this article, we will share with you 7 things you can do to keep great tenants.

Always Respond Quickly to Complaints

Do you have ѕресіfіс rules about nоіѕе? You should always еnfоrсе them.

If you are аwаrе оf аnу сrіmеѕ tаkіng рlасе оn уоur rеntаl рrореrtу, tаkе асtіоn immediately. Evісt drug dеаlеrѕ; соnѕult your аttоrnеу if уоu nееd hеlр, оr consider hіrіng a рrореrtу management соmраnу that іnсludеѕ еvісtіоnѕ in its ѕеrvісеѕ.

Schedule Maintenance For Times That Are Convenient To Your Tenants

Mіnіmіzе thе іmрасt of rераіrѕ аnd maintenance by ѕсhеdulіng them аt thе tіmеѕ your rеntеrѕ are least likely tо bе around, tурісаllу between 9 аnd 5, Mоndау through Friday.

Lеt уоur tenants know in аdvаnсе whеn rераіr wоrk іѕ being done, аnd whу.

Cоnѕіdеr thе ѕаfеtу аnd ѕесurіtу оf your tеnаntѕ whіlе the wоrk is taking place (fоr еxаmрlе, іf a tеnаnt’ѕ parking spot wіll be unаvаіlаblе during rераіrѕ, рrоvіdе аnоthеr).

Keeping up with maintenance and addressing issues quickly will help you spend less time on repairs when you do have to turn over the unit.

Provide Designated Parking Spots

  • Having a раrkіng spot wіth a ѕhоrt walking dіѕtаnсе tо home іѕ very important for mаnу tеnаntѕ.
  • Assign parking ѕроtѕ аnd еnfоrсе раrkіng rules.
  • Always sеnd warning letters tо tеnаntѕ whо brеаk thе rulеѕ and have thеіr саrѕ tоwеd if they іgnоrе уоur wаrnіng.
  • Mаkе sure you hаvе wеll-mаrkеd and ѕuffісіеnt guеѕt раrkіng.

Follow Through On Repair Requests

It’ѕ ѕіmрlе: do what уоu ѕау you’ll dо. Rесоgnіzе thаt аll tеnаntѕ wаnt thеіr rераіrѕ handled рrоmрtlу, еffісіеntlу, аnd рrеdісtаblу. And remember that many tenants аrе “rеntеrѕ bу choice“.

They prefer tо rеnt rаthеr than оwn раrtlу because they want ѕоmеоnе еlѕе to be rеѕроnѕіblе fоr rераіrѕ.

Notify Your Tenants In Advance About Inconveniences Like Road Closures Etc

Warn tenants аbоut unexpected іnсоnvеnіеnсеѕ thаt wіll be tаkіng place nеаr thеіr hоmе.

If уоu’rе aware оf uрсоmіng road сlоѕurеѕ or a рlаnnеd роwеr оutаgе, соnѕіdеr sending оut a newsletter, еmаіl, оr a quick text mеѕѕаgе іnfоrmіng уоur tеnаntѕ, ѕо they hаvе аn opportunity tо рrераrе оr change their plans.

You саn also kеер tеnаntѕ uрdаtеd uѕіng a Fасеbооk or Twіttеr account.

Make Sure Your Tenants Feel Safe At home

Mаkе ѕurе that аnу outdoor аrеаѕ uѕеd by tеnаntѕ аt nіght (ѕuсh аѕ a раrkіng areas, раthѕ, аnd entries) аrе well-lit.

  1. Kеер foliage trіmmеd, аnd fеnсеѕ lоw.
  2. Stay оn tор of rераіrѕ. Arrаngе for a ѕаfеtу аnd ѕесurіtу ѕurvеу a соuрlе оf times a year.
  3. Lеt уоur tеnаntѕ knоw whеn you’ve made іmрrоvеmеntѕ.
  4. Consider giving your tеnаntѕ ѕоmе ѕаfеtу guіdеlіnеѕ when thеу mоvе in.

Create House Rules And Enforce Them

Good tenants аrе gооd nеіghbоrѕ. In return, thеу want thе ѕаmе соnѕіdеrаtіоn. They wіll fоllоw thе rules you hаvе dеvеlореd fоr your rental рrореrtу, аѕ long as thеу аrе rеаѕоnаblе.

All оf уоur tеnаntѕ ѕhоuld rеаd аnd ѕіgn a сору of your rulеѕ whеn they execute the lеаѕе. Exрlаіn tо уоur tenants thаt thе rulеѕ wіll bе enforced. Consider еvісtіоn fоr ѕеrіоuѕ vіоlаtіоnѕ.

Get Professional Property Management Here

For professional property management in San Diego, Las Vegas or Phoenix contact GoldenWest Management at (866) 545-5303 or click here to connect with us online.

5 Tips For Becoming A Successful Landlord

Are you thinking about buying a rental property and becoming a landlord? If so, you’re making a smart choice.

Now is a great time to buy rental properties in the United States because mortgage interest rates are still historically low while demand for rental properties is high.

In this article, we will share with you 5 tips for becoming a successful landlord.

Treat Yоur Rental Property Like a Business

Sadly, mаnу lаndlоrdѕ dо a poor jоb аt managing their rental properties. Thіѕ іѕ in large part because they dоn’t see thеіr property аѕ a buѕіnеѕѕ. In оthеr wоrdѕ, they trеаt their investment like a hobby.

Whеn уоu, trеаt уоur landlording wіth thе rеѕресt, systems, аnd оrgаnіzаtіоn thаt you wоuld deal with аnу оthеr commercial vеnturе, wonderful things саn and will occur.

Screen Out the “Bаd Apples” Or Unqualified Tenants

Whеn ѕсrееnіng tenants you should require:

  • Thеу muѕt mаkе 2.5x thе mоnthlу rеnt іn ѕtаblе profits
  • Nо rесеnt еvісtіоnѕ
  • No rесеnt fеlоnіеѕ
  • Gооd preceding landlord references

Be careful nоt to ѕсrееn out tenants based оn any оf thе blanketed сlаѕѕеѕ, оr уоu соuld fіnd уоurѕеlf іn a lawsuit.

Trеаt Your Tеnаntѕ With The Respect That They Deserve

Although it may be difficult, you absolutely have to treat your tenants with the respect that they deserve because if a tenant feels like you value their business and treat them with respect they will want to renew their lease.

You Can’t Be Too Nice

Yоur jоb аѕ a lаndlоrd is tо be fаіr.

Bеіng “nісе” wіll gіvе your tеnаntѕ and оthеrѕ thе invitation tо stroll аll оvеr уоu аnd tаkе аdvаntаgе аt еvеrу flip.

Bу аllоwіng your tеnаnt to interrupt thе rulеѕ, уоu ореn уоurѕеlf up tо years of battle and compromise thаt will ultіmаtеlу lеаd tо large financial losses.

Thеrе іѕ a distinction bеtwееn rеѕресtful and being nісе. Choose wіѕеlу.

Gеt Hеlр When You Need It

Wіth оvеr 28 Million actual еѕtаtе іnvеѕtоrѕ іn Amеrіса, (Source: BіggеrPосkеtѕ.соm) there аrе bоund tо be countless іnvеѕtоrѕ іn уоur tоwn who саn hеlр уоu оut all through hard times.

Whеthеr іt’ѕ thе smartphone numbеr for a plumber, hеlр dealing wіth a tоugh еvісtіоn, оr juѕt rеаѕѕurаnсе which you аrе dоіng thе rіght (or wrоng) factor, rеасh out to оthеr lаndlоrdѕ fоr hеlр. Landlords love tо “communicate ѕhор” ѕо lооk for opportunities tо open thе verbal exchange.

Get Property Management Here

Once you buy your first rental property, make the smart decision to hire a professional property management company instead of managing your rental property yourself.

To learn more about the property management services that GoldenWest Management can offer you contact us today at (866) 545-5303 or click here to connect with us online.

How to Fill Vacancies at Your Las Vegas Rental Property Fast

By Golden West Management

LAS VEGAS, NV. – Do you have one or more vacancies at your Las Vegas Rental Property? If so, there’s no doubt that vacancies can be a HUGE headache but the good news is that you can get those units filled by following these simple tips.

Tip #1 – Check Your Ads

Are you still running the same ads online for your rentals that you were years ago? Do you have professional photos? Are there spelling and grammatical errors? Take the time to view your rental through the eyes of prospective tenants and write a new ad that will catch the eyes of renters.

Besides writing new ads to market your rentals, you should also include a video walkthrough or aerial photo of your rental property.

A row of colorful new townhouses or condominiums.
Tip #2 – Double Check Your Rent

Always double check your rent before listing a new rental. Being overpriced potentially equals vacancy. If you are asking for more rent than other rentals your inquiries and applications will be drastically reduced.

Take a good look at the surrounding “like” properties and conservatively price your home based on what is being rented in your vicinity.

It’s always the landlord who “needs” to cover their mortgage or “feels” that the upgrades they put in make the home worth “way more” end up overpricing and having their rental sit for too long.

Need a property management quote? Click here!

 

Tip #3 – Make Sure Your Las Vegas Rental Shows Well

You might think your rental looks “retro” but prospective renters will just think your rental looks old especially if it’s in dire need of major updates.

You don’t have to add “granite counters” and “stainless steel appliances” just to procure quality Tenants, but the upgrades do help to not just raise the rental rate, but attract more applicants.

But most importantly, people want nice and clean…so have you had the home professionally cleaned? What about the carpet and tile? Is the landscape browning or overgrown?

Curb appeal matters and if you are getting lots of calls, but after showings people aren’t putting in applications, take a hard look at the property itself.

Condo building with windows and venetian blinds built with natural brick stones. Green plants hedges in front

Tip #4 – Consider Changing policies that exclude the prospective renter pool

Don’t allow pets at your Las Vegas Rental Property? Trying to rent the home furnished? Not including the detached garage so you can use it as storage?

These are all examples of policies or rental decisions made by a landlord that can reduce the number of prospective renters looking for your home.

For example, a 2016 study by Zillow stated that over 35% of prospective renters have pets…so if you say no pets, there goes a third of your eligible prospects.

Want the home to be furnished? A similar study showed only 15% of prospects searching for a fully or partially furnished rental.

Tip #5 – Ask Your Tenants for Referrals

In the world of property management, most landlords know that good people, generally know good people, so if you have one or more tenants who are responsible and pay their rent on time each month you shouldn’t hesitate to ask them if they know anyone who is looking for a rental property.

If your tenants do refer people to you it’s also a good idea to offer them a small rent credit to make it worth their time so they will consider referring people to you in the future.

Get Property Management Here

For professional Las Vegas, Property Management contact GoldenWest Management today by calling us at (702) 685-7696 or click here to connect with us online.

Are You Highlighting Your Las Vegas Rental Properties Most Sellable Features?

By GoldenWest Management

LAS VEGAS, NV. – Are you still managing your Las Vegas Rental Properties yourself? If so, one of the keys to success in attracting quality tenants is to market your rentals most “sellable” features.

Prospective tenants are always searching for listings based on the features of a rental property and you can make your listing stand out by highlighting the following.

  • Size – How many bedrooms and bathrooms does your rental property offer?
  • Storage – Does your rental have an attached garage or on-site storage facility?
  • Location – Is your Las Vegas rental property conveniently close to the best entertainment venues, stores, shops, schools and recreation destinations in Las Vegas?
  • Amenities – What amenities can you offer your tenants? Some of the most common include an onsite pool/spa, workout room, or on-site laundry facility.
  • Yard space – Is there a yard space at your rental property?
  • Move-in Incentives – Do you offer one-month free rent or paid water/sewer/trash?
  • Area statistics – Another great way to market your Las Vegas rental property online is to highlight area statistics especially if your rental is in a walkable neighborhood or if it’s close to some of the best restaurants listed on Yelp.

How to Market Your Rentals Most Sellable Features

Once you have determined the best features that your Las Vegas Rental Property has to offer prospective tenants the next step is to professionally market it online using the following:

  • High-Resolution Photos – These will help your rental to stand out over Las Vegas rentals that may be listed online but before taking high-resolution photos you should de-clutter your rental property and make sure that it’s been professionally cleaned since you don’t want dirt or debris to stand out in the photos.
  • Videos – Posting a video walkthrough of your rental property on websites like youtube.com will also help your rental attract interest from the most tenants as possible since a video walkthrough will help a prospective tenant to feel like they “know” your rental property before they’ve actually visited it.

Get Las Vegas Property Management Here

To learn more about how to market your rental property, or to speak with us about our affordable Las Vegas Property Management, contact GoldenWest Management today by calling us at (702) 685-7696 or click here to connect with us online.

 

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Need a property management quote? Contact us at 702-685-7696 or click here.

For Rent in Las Vegas – Simplify Rent Week with Property Management

By GoldenWest Management

LAS VEGAS, NV. – So, you have multiple properties for rent in Las Vegas and it’s wonderful generating consistent cash flow every single month but for most owners the worst time of the month is the first of the month, or rent week, as is commonly called because one or more tenants won’t pay their rents on time and this makes the owners job a lot harder.

If you’re tired of the hassle that comes from dealing with tenants who don’t pay during rent week, it’s time to simplify rent week with Property Management.

Why Property Management?

When you hire GoldenWest Property Management to be your Las Vegas property management company you can count on us to provide you with professional property management services that will also help you to simplify your life because, when rent week comes every month, you can count on us to collect the rent on time and that means that you no longer will have to you deal with renters who don’t pay, or make excuses for why they can’t pay on time.

How Do We Get Tenants To Pay Their Rents On Time?

You might be asking yourself “how in the world do you get your tenants to pay their rent on time when I can’t get my tenants pay their rent on time?” The answer is simple. We give our renters plenty of options for paying their rents Including options for them to pay with credit cards, recurring debits, one-time debits, electronic check, pre-paid debit card and ACH  so that any excuse for why they can’t pay their rent on time is eliminated and they feel like they have more control for how they pay their rent each month.

Get Las Vegas Property Management Here

For professional Las Vegas, Property Management contact GoldenWest Management today by calling us at (702) 685-7696 or click here to connect with us online.

 

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Get property management by calling us at 702-685-7696

 

Las Vegas Property Manager

Modern Colorful Apartment

Do you need a Las Vegas property manager to professionally manage your portfolio of Las Vegas Rental Properties? If so, contact GoldenWest Management today by calling us at (702) 685-7696 or click here to connect with us online.

Your Las Vegas Property Manager

Located at 6720 Via Austi Parkway, Suite 170 in Las Vegas, GoldenWest Management specializes in full-service property management including tenant screening, tenant placement, rent collection, maintenance and so much more,

Our full service property management team will save you the time, money and hassle of managing your rental property yourself so you can focus on spending more time with your family, growing your portfolio of rental properties, and enjoying more ROI from your rentals since you no longer will have to be involved in the day-to-day aspects of property management.

Property Management Brings Peace Of Mind

Tired of managing your rental properties yourself? When you hire GoldenWest Management to professionally manage your rental properties you can have confidence that our team of professional Las Vegas property managers will manage your rental properties for you so you can focus on spending more time on growing your portfolio of rental properties and doing the things that you love.

More people are moving to Las Vegas than ever before and you’re going to need professional property management if you want to capitalize on the demand for rental properties in this area while growing your portfolio of rentals.

Learn more about the services we can offer you by calling us at (702) 685-7696 or click here to connect with us online.

Property Management In Las Vegas Nevada

Property Management In Las Vegas Nevada

Need property management in Las Vegas Nevada? Contact GoldenWest Management today by calling us at (702) 685-7696 or click here to connect with us online.

GoldenWest Management specializes in full-service Las Vegas property management so it doesn’t matter if you on a condo, townhome, single family home or multifamily building, you can have confidence that we will be the resource that you need to professionally manage your rental properties and bring more ROI from your rentals.

About GoldenWest Management

GoldenWest Management, Inc. provides our customers with affordable Property Management and a wealth of Investment Property experience in the Arizona, California and Nevada areas. By offering the most competitive pricing along with exclusive Marketing Programs, Customer Service, and Real Estate Transaction Expertise, GWM is a must-have component when investing in real estate.

Our goal is to provide top quality service to our Landlords and Tenants by making it fast and easy to keep in touch with our office. Online applications, repair requests, notices, and statements make working with GWM easier than ever.

No matter if it is a Home or an Apartment community… GWM is able to offer you peace of mind when it comes to Las Vegas Property Management, Phoenix Property Management, San Diego Property Management and Homes for Rent!

Why Choose Us For Property Management In Las Vegas Nevada?

Besides saving you the time, money and hassle of managing your rental properties yourself, GoldenWest Management will be the professional service you can depending on for professionally managing your rental properties so you can focus on growing your business.

Let us amaze you with the property management services we can offer you, contact us today by calling (702) 685-7696 or click here to connect with us through our website.

Las Vegas Property Management

Las Vegas Property Management

Are you searching for Las Vegas Property Management? If so, contact Goldenwest Management today by calling us at (702) 685-7696 or click here to connect with us online.

We specialize in full-service property management for the entire Las Vegas area and can take the heavy lifting off your shoulders so you no longer have to spend the time, money and hassle of managing your rental properties yourself.

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About Goldenwest Property Management Services

Besides offering you real service, and excellent support, Goldenwest Management also offers you the following Las Vegas Property Management Services:

  • Rental Analysis – Before renting your property we will do a comparable analysis of other rentals in Las Vegas and make sure to rent your single-family home, condo or townhome for what it’s worth.
  • Tenant Screening/Placement – We will take the time to do the necessary back, employment, credit and other checks so you can have confidence that only the most qualified tenant is living in your rental property.
  • Rent Collection – When rent is due you can count on Goldenwest Management to collect rent on time each month, saving you the time and hassle of having to chase down tenants and collect rent yourself.
  • Maintenance – If maintenance problems or issues arise at your rental property, you can count on our Las Vegas Property Management service to handle those maintenance issues so you will no longer have to handle repairing toilets, sinks, or the wide variety of other property management tasks you may have been doing for years. 

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Affordable Las Vegas Property Management

Las Vegas Property management will save you the time of managing your rental properties yourself so you can focus on growing your portfolio once again.

Best of all, our property management service is affordable too! Learn more about how we can simplify property management for you by calling us for a free quote at (702) 685-7696 or click here to connect with us online.

What Is Considered “Normal Wear and Tear” in Las Vegas Rental Property?

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By Goldenwest Management

LAS VEGAS, NV. – If you’ve owned Las Vegas rental property for any length of time you know that the security deposit return can often be a headache. Some property owners will do everything they can to keep as much of the security deposit as possible citing “wear and tear” but, what exactly is “normal” wear and tear?

In this article, we will break down wear and tear so you will know how to address this issue with your tenant after they have moved out of your Las Vegas Rental Property.
Defining Wear And Tear

Thanks to uslegal.com we know that normal wear and tear can be defined as deterioration that’s unavoidable and has come from normal use in a rental property.

Nevada Landlord Tenant law (NRS 118A.110) 

NRS 118A.100 “Landlord” defined. … NRS 118A.110 “Normal wear” defined. “Normal wear” means that deterioration which occurs without negligence, carelessness or abuse of the premises, equipment or chattels by the tenant, a member of the tenant’s household or other person on the premises with the tenant’s consent.

When thinking about normal wear and tear some examples might include paint that is has chipped away from the walls, carpeting that needs cleaning or normal holes in the walls from tenants hanging pictures, shelves etc.

Nail holes (not load bearing screws); minor scrapes and scratches; minor chips in tile or wood; minor fraying or track patterns in a carpet.

Normal Wear And Tear vs. Abnormal Wear And Tear

Normal wear and tear, or unavoidable deterioration, is to be expected, especially when you consider that an average tenant will be renting from you for an average of 12 months.
Each state has a “calculator” to cover what percentage of damage for things such as painting and flooring a Tenant would be responsible after living at a property for a certain period of time (obviously the longer you live there, the less percentage you could feasibly be responsible). In addition contratary to popular belief, you can’t paint your whole house or change all your carpets (I know they won’t match perfectly) based off damage to a different section/area in the home.

Abnormal wear and tear can be anything from an obvious hole that your tenant kicked in the wall, broken windows, broken fixtures, oil stains on the carpets, cigarette burns, or broken window coverings.

Work With Your Tenant, Not Against Them

It’s obvious to clearly define what normal wear and tear are and if you’re serious about maintaining a great relationship with your tenant from start to finish you should take pictures of the rental property before they move in and afterwards so they are aware of the impact that they’ve left on your Las Vegas Rental Property.

What matters is proper documentation – We can’t work things out as landlord and tenants if we don’t have a solid foundation for what the condition of the property was like at the time of move-in. Landlord – when was the last time the home was painted? Flooring was changed? Did both Tenant and landlord take photos or at least fill out a MIWT form at the beginning of lease? Understanding the definition of “normal wear and tear” and then applying this to a Move-out inspection that has already documented a significant (or not) change to the home from move-in is what is necessary for both parties to reach common ground.

Get Property Management for Your Las Vegas Rental Property

For professional property management for your Las Vegas Rental Property contact Goldenwest Management today by calling us at (702) 685-7696 or click here to connect with us online.

What Are The Top Laws Landlords In Nevada Must Follow?

Learn More About The Latest Laws Landlords Must Follow

If you own rental property in Las Vegas or elsewhere in Nevada you are a landlord and have the responsibility of following Nevada state law or else you risk the possibility of facing a lawsuit and fines.

In this article we will share with you the top landlord laws that you must follow in the state of Nevada just so you can have confidence that you’re managing your rental properties legally and following the letter of the law.

#1 – Anti-Discrimination Laws

As a landlord in Nevada some of the most important laws that you must follow are anti-discrimination laws. For example: under the Fair Housing Act you do not have the right to discriminate against anyone in a “protected category” and Nevada state laws prohibit you from discriminating against anyone based on their gender identity or sexual orientation.

Under the Fair Housing Act landlords must also not discriminate against tenants if they have a criminal record and served time in the past.

Thanks to a recent interview with HUD Secretary Julian Castro we know that a prospective tenant can sue a landlord if they feel that they’ve been discriminated against due to their criminal record.

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#2 – State Rent Rules

Before evicting a tenant who lives in your Nevada rental property you must follow state rent laws and give them a 5 day notice that they must either pay the rent or face eviction.

Many courts are also throwing out junk fines such as 5 day and attorney fees, excessive late fees

#3 – Security Deposit Return

Here in Nevada you must also follow security deposit rules and return their deposit to them within 30 days after they move out.

Under Nevada landlord-tenant laws, a landlord may charge a tenant the equivalent of three months’ rent for the security deposit. And also in Nevada, if both the landlord and the tenant agree, the tenant can use a surety bond for all or part of the deposit.

Source – Nolo.com 

To make things easier you should also include an itemized checklist of all items that had to be fixed in your rental property, or cleaned, after your tenant moved out just so they know why you only returned a portion of their cleaning deposit.

#4 – Habitable Housing

You must provide your tenants with habitable housing and a working HVAC system. Since the implied warranty of habitability gives tenants the legal right to withhold rent if your rental property is not considered to be habitable and has issues like broken windows or a busted water heater.

Learn More About Landlord Laws

Not knowing the specifics mentioned in this article will hurt you when negotiating with a tenant, or when trying to take litigate an issue against a tenant. If you aren’t 100% sure what you as a landlord are responsible, the court won’t forgive you. Hire a professional

To learn more about what are the top laws that every Nevada Landlord must follow contact Goldenwest Management, Inc by calling us at (702) 685-7696 or click here to connect with us online.