• HOME
    • SECURITY POLICY
    • PRIVACY POLICY
    • WEBSITE ACCESIBILITY POLICY
  • PRICING & SERVICE AREAS
    • PRICING
    • SERVICE AREAS & ZIP CODES
    • MANAGEMENT AGREEMENT
  • APPLY
    • APPLY NOW
    • SCORING CARD
    • APPLICANT FAQs
    • SAMPLE LEASE
  • TENANTS
    • PAY RENT
    • PET SCREENING
    • TENANT FAQs
    • TENANT HANDBOOK
    • MAINTENANCE REQUESTS
    • MOVING OUT
  • OWNERS
    • OWNER PORTAL
    • OWNER FAQs
    • MANAGEMENT AGREEMENT
    • DEMAND FOR HIGH-END RENTALS
    • BLOG
  • INVESTMENTS
    • Summerlin Investment Properties in Las Vegas
    • Green Valley Ranch Investment Properties
    • Using a Self Directed IRA to purchase Investment Property in Vegas
    • Using a 1031 Exchange to Purchase Investment Properties in Las Vegas
    • LAS VEGAS PROPERTY TAXES
  • ABOUT
    • SERVICES & PRICING
    • SERVICE AREAS & ZIP CODES
    • Las Vegas Property Management
  • 702-551-9592
  • CONTACT

Rice Real Estate

Las Vegas Property Management

Las Vegas Property Management » High End Property Management. Is Las Vegas the New Luxury Lifestyle?

High End Property Management. Is Las Vegas the New Luxury Lifestyle?

By Rice Real Estate

As big money continues to move to Las Vegas from high cost and high tax states like California demand for high end property management is seeing a boom. Is Las Vegas replacing California for Luxury Living?

Casino mogul Steve Wynn once said that Las Vegas is where God would go if he had money. Well… maybe so, but it’s also a place where Californians go who can no longer afford their state’s absurdly high cost of living. The so-called ‘California exodus’ has made Nevada the fastest growing state in America for the second year in a row, and according to current census data, ex-Californians now represent 20 percent of Nevada’s population, with nearly 100,000 Californians migrating to Las Vegas in 2020 alone.

High End Property Management in Henderson

Californians have flocked to neighboring states like Nevada which is among the fastest growing in the country. Few places have been as affected as Henderson, whose population surged 20% in the last decade to more than 300,000, pushing it past Reno to become Nevada’s second most populous city.

Fifty-six percent of new arrivals in Henderson between 2013 and 2017 were from California, according to Nevada Department of Motor Vehicles data. Home sales in many of the city’s master-planned communities have been dominated by migrants from the West.

At the 1,300-acre Luxury MacDonald Highlands in the bluffs overlooking Las Vegas, Californians accounted for about 70% of luxury purchases and rentals in 2020, compared with 30% 20 years ago, said Rich MacDonald, the developer. He said he began increasing the share of his marketing targeting Californians over the past three years after seeing the run-up in housing costs there. There is an increased demand for high end property management and luxury rental properties in Henderson.

Las Vegas Raiders Renting Luxury Homes

Former Californians are finding plenty of familiar sights and people. The Raiders have new headquarters and practice facility in Henderson for the team’s move to Las Vegas. Disclaimer: Rice Real Estate has recently rented a high end luxury rental to an assistant coach of the Raiders.

Sunnier locales, lower taxes, and a more affordable cost of living. California’s elite are in pursuit of all three, and they have found that trifecta in Nevada.

Filed Under: Blog, Property Management

Rice Real Estate is highly selective when it comes to new partnerships, adding only a few high-end properties each year in order to provide the highest level of attention to each one. Our team is on the ground, all hands on-deck to safeguard our client’s property and bottom line at all times. Contact us by calling 702-551.9592 ext 1.

Call 702.551.9592 or click to email us

Investment property ownership is rewarding, but maintenance and tenant management can be a challenge to navigate. It's time to turn your rental property over to a trustworthy, experienced partner like Rice Real Estate & Property Management. We give our clients peace of mind because we never stop working to protect your investment. Our team has over 30 years of property management experience and we strive to provide the best service possible, maximize profits and properly maintain the property for long term success.

Rice Real Estate offers residential property management in select zip codes. If you're a property Owner give us a call to confirm we service your area: 702.551.9592 ext 1 or email us.

B.1000740.LLC and PM.0164747.BKR

Average time to find a new Tenant in Las Vegas
We manage in Zip Codes 89012, 89014, 89044, 89074, 89123, 89052, 89135, 89141, 89183, 89144 & 89138.
Check out Rice Real Estate & Property Management on Yelp
Did You Know? Due to Rice Real Estate's comprehensive Tenant screening process we have never had to evict a Tenant we placed into a managed rental property.
Call 702.551.9592 or click to email us License B.1000740.LLC and PM.0164747.BKR

© 2021 Residential Las Vegas Property Management Company Las Vegas Property Manager phone: 702.551.9592

 

Rice Real Estate is committed to ensuring that its website is accessible to people with disabilities. All the pages on our website will meet W3C WAI’s Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to 702-551-9592.

 

Copyright © 2021 ·AgentPress Pro Theme · Genesis Framework by StudioPress · WordPress · Log in

Copyright ©2018 Rice Real Estate | 702.551.9592 ext 1 or <a href=”mailto:office@ricerealestateLV.com”>email</a> us. | 702.551.9592 | 8275 S Eastern Ave #200-280 Las Vegas NV 89123