What is the best way to find Las Vegas Property Manager Reviews? Who are the best property managers in Las Vegas and Henderson? Read testimonials below from current clients of Rice Real Estate’s property management division.
Reviews from Owners:
INVESTOR from CALIFORNIA:I would recommend Rice Real Estate to anyone in need of professional residential property management services. Heidi and her team are very professional and having them manage my six investment properties has given me tremendous peace of mind. Heidi strictly screens all applicants and has set criteria that she follows to ensure we only rent to high quality tenants. If any problems arise during the tenancy, or with my property, Heidi has always taken care of the issues – informing me of each step along the way to resolution. Her accounting is easy to understand and her owner draws are timely. Heidi is very attuned to the local real estate market and has provided me with information from time to time to keep me informed. I am lucky to have found Heidi from Rice Real Estate and Property Management in Las Vegas as she continues to exceed my expectations with her diligent and focused work. Jacob Pullen, Pullen Insurance
PROPERTY OWNER from LAS VEGAS:
Rice Real Estate & Property Management has been an absolute life saver for me. I have a Las Vegas rental property that is now in their hands and I finally have peace of mind. For about a year I rented the house myself only to be left with a lousy tenant who not only damaged the property but also failed to pay rent multiple times! When I was in-between tenants a friend of mine recommended I try a property management company and gave me Rice Real Estate’s information. I gave them a call and Heidi explained all of their services and within a month had my unit rented to an extremely qualified tenant. That was over 18 months ago. The tenant is still there and not one rent payment has been missed. I couldn’t be happier. Tanita Sandhu, Soul of Brands
INVESTOR from CALIFORNIA:
Heidi is WONDERFUL! I cannot say enough good things about how easy she made the process of buying an investment property in Las Vegas. I am always hesitant about what I find on the internet but SHE WAY EXCEEDED my expectations! Being an out of town investor required that Heidi educate me on the local investment market, locate and schedule tours of about a dozen properties – all within one week. I telephoned her on Tuesday. Saturday and Sunday we toured properties, made an offer on Sunday and were in escrow on Tuesday. She was so efficient that I decided to let her perform the property management tasks. It has now been 3 months and everything is running smoothly. It really does not get any better than this. John LeBlanc, Director PVP Advanced EO Systems
What do you want in a Las Vegas Property Manager ?
A company that communicates well with you? A company that takes the time to make sure that your property is well taken care of? Consider the following:
1. WE HAVE INCREDIBLY DETAILED TENANT SCREENING TECHNOLOGY:
Securing great tenants is in everyone’s best interest. We use a state-of-the-art resident screening process that looks at such things as income, credit, rent payment history, employment history, background check and other factors that indicate the likelihood the tenant we place in the home will perform according to his/her obligations under the rental contract.
2. HOW MUCH RENT WILL MY PROPERTY BRING?
Rice Real Estate performs ongoing rent surveys of the Henderson/Las Vegas market to stay abreast of changes
in the marketplace. We will recommend a rental rate based on a number of factors, including how quickly you need to rent the property and how the property stacks up against the competition in the local market. Our recommendation is just that – a recommendation. Should you desire, you can have the final say as to the rental rate.
3. WHAT KIND OF CONDITION DOES MY PROPERTY NEED TO BE IN TO FIND A QUALITY TENANT?
This is one of the most important aspects of marketing a vacant rental property. Properties that are not “Rent Ready” when they’re placed on the rental market tend to be slower to rent and attract renters who are not only willing to settle for less than top quality, but who treat their rental properties with less care and concern than we want to achieve for our owners. Furthermore, quality renters typically can’t envision what the property will look like after we do this or that…telling the prospect we’re going to be painting, or going to be replacing carpets is virtually useless. The first impression of a vacant property is the lasting impression of that property. That’s why we urge our owners to take care of the basics: fresh paint, clean floor coverings, functional window blinds, and everything in good working order. The results are always much better when we approach the marketing process with a Rent Ready home!
4. ARE PETS ALLOWED IN RENTAL PROPERTIES?
The final decision as to whether or not to allow a pet (or pets) is always the owner’s. However, we strongly recommend you allow us to market the property as a “pet friendly” rental, one that allows pets on a case-by-case basis. Approximately 62% of the households in the US have pets. By eliminating the ability to allow pets on a case-by-case basis we’re essentially eliminating over half the pool of qualified renters for your property. When considering pets, we look at such factors as the breed of the animal and the prospect’s history in renting with a pet. We also recommend higher security deposits when a pet is approved thereby giving you added assurance that, should there be any damage to the property, the tenant has enough at stake to make it right when they vacate.
5. WHAT HAPPENS WHEN MY PROPERTY NEEDS A REPAIR?
Any repair or maintenance costing less than $300 will be executed by Rice Real Estate’s staff as it is deemed necessary and deducted out of future rent. Any repair costing more than $300 will be subject to the owner’s approval. Regardless of the cost of the repair, we will attempt to notify you directly via email or phone when a maintenance issue arises. Whenever possible, we will also contact an owner’s home warranty company first, if a policy number and phone number have been provided.
Emergency repairs do not require prior owner authorization. Emergency repairs are defined as property-threatening, where failure to immediately remedy the situation will result in further damage to the property and/or safety of the tenant. By law, owners are required to maintain their property in a “habitable” condition for their tenants at all times.
Examples of emergency repairs include: flooding, no heat, no air conditioning, no running water, electrical sparks or no functional toilet (if only one toilet). Examples of non-emergency repairs include: lack of hot water or failure of an appliance, including a refrigerator. We do not employ our own maintenance staff, and we do NOT profit from any maintenance work done on your property.
6. WHAT HAPPENS IF MY TENANT DOESN’T PAY RENT?
Rice Real Estate enforces a very strict rent collection policy to promote our owners’ interests. All rent payments are due on the 25th of every month, and late on the 2nd day of the month (For example, April’s rent would post on March 25th and be due April 1st). If rent is unpaid on the 2nd day of the month, we make contact with the tenant, and a late charge may be assessed. If the rent remains unpaid by the 3rd day of the month (or, next business day, if the 3rd falls on a weekend or holiday) we may prepare and serve an eviction notice for non-payment of rent. We do not charge you extra for this service; the tenant pays the costs of filing and serving the notice.
Under Nevada law, the tenant then has 5 judicial days to pay the rent or vacate the property. In our experience, most tenants will pay full rent before the expiration of the notice. If the tenant does not pay or vacate within the 5 days prescribed, the next step is a court order for lockout. This is a process we can handle for you (additional fees apply) or you can handle yourself.
7. WHAT HAPPENS IF THE TENANT VACATES AND LEAVE THE PROPERTY DIRTY OR NEEDING REPAIRS?
Rice Real Estate will conduct a move-out inspection of the property, once it becomes vacant. We then compare the move-in inspection (including photos) with the move-out to determine what items are chargeable to the tenant. Repairs and cleaning, which are the tenant’s responsibilities, are charged against the tenant’s security deposit.
8. WHO HOLDS MY TENANT’S SECURITY DEPOSIT?
Nevada law requires us to hold tenant security deposits in a trust account separate from owner funds.
9. HOW OFTEN DO YOU CHECK ON MY RENTAL PROPERTY?
We perform annual inspections of all occupied properties. Additionally, we drive by the property quarterly. We are also able to notify neighbors on how to reach us if they have a concern about the property. If we have reason to believe there may be a problem (a call from a neighbor, repeated late rent, or other indicators), we’ll perform an interior inspection on a minimum 24 hours’ notice. If your property is vacant, and you’re using our service to find a tenant for the home, we’ll be inside the property at least once a week.
We have simple fees!!!
- Management Fee is 8% of gross monthly rent (minimum $80)
- $300 Tenant Placement: Lease signing and move-in inspection with new tenant
- NO Upfront fees
- NO Maintenance mark-up fees
- One-time property set-up of $295
Would it help if you could talk to some of our long-time clients? We can provide you contact information for some of our current clients who have agreed to take calls or emails for referral purposes.
Here are some current rental properties in the Las Vegas area:
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[schema type=”review” url=”http://www.ricelasvegas.com” name=”Rice Real Estate and Property Management” description=”Las Vegas Property Manager Reviews” rev_name=”Las Vegas Property Management” rev_body=”Las Vegas Property Management \” author=”Heidi Rice” pubdate=”2013-08-29″ user_review=”10″ min_review=”0″ ] Las Vegas Property Manager Reviews