Managing Your Las Vegas Property 3/3
Lease Preparation and Day-to-Day Management
Step 6: Lease Preparation
Once we find the right tenant, we use pre-approved forms drafted by the Las Vegas Realtors (LVR) Association. In addition, we create special addendums for HOA rules, pool and landscaping maintenance, and general leasing rules. Our leases details tenant and landlord responsibility as to prevent confusion.
- Step 7: Tenant Move-In
A video is made of the interior and exterior of the house on the day of move-in. The tenant is also given a questionnaire asking about the condition of the house. This powerful combination allows us to properly assess the house on the day of move-out, and helps prevent any conflict on pre-existing conditions.
- Step 8: Money Management
All deposits and rent / fees are collected and maintained in accordance to Nevada State Laws. Upon collection of rent, dividends are delivered to you within 3 business days. Using your trust funds, we pay for any repairs or maintenance needed to your house, and if requested we can also facilitate payments to HOAs, mortgages, utilities, taxes, insurance, and lawn and pool maintenance companies at no additional expense. You will receive monthly statements and yearly detailed tax records.
- Step 9: Property Management
Open communication with the tenant is essential and encourages them to contact us with any issues or problems. Repairs and work are swiftly performed using one of our trained contractors, or any manufacturer or home warranty companies. During the spring and fall months, at a nominal voluntary cost to the homeowner, we do a formal inspection, checking for any needed preventative maintenance to ensure your property is in the same condition as when it was first rented. All recommended contractors are independent, and not on our payroll. BELLA VEGAS HOMES NEVER CHARGES A SURCHARGE FOR NEEDED REPAIRS.
- Step 10: Non Payments or Eviction Issues
Sometimes tenants lose their jobs and have a hard time paying rent. We work with our delinquent tenants while treating them like they are human, with respect, and encourage tenants to contact us at the first sign of financial trouble. Sometimes a simple payment plan helps put the tenant back on track for paying rent timely. Other times they just can’t pay and need to leave. Bella Vegas Homes will coordinate all lawful evictions and lock-outs with our Constable’s Office in accordance to the laws of The State of Nevada.
- Step 11: Tenant Move-Out
Before delivering the tenant’s deposits back, we will do an exit walk-through ensuring the house is in the same condition as when the tenant took possession, minus normal wear and tear. We refer to the questionnaire and video that was made when they moved in. The house must be cleaned and carpets professionally steamed. Tenant damages or holes are assessed and charged against the deposit. Once the house is ready for renting again, we go back to step one.
To answer any questions, or to get started, contact Jason Delk at 702 203-2722.