There are almost 300,000 property management agencies in the US alone! over 50% of these property managers own the building that they manage.
That's a whole lot of property managers and a whole lot of buildings!
Managing properties is not a one-size-fits-all approach, sometimes, you've got tenants to manage and maintenance to manage, and a whole long list of tasks!
Before you get lost in the haze of Laz Vegas Property Management, read on the find the best tips for managing properties in 2022.
Las Vegas Property Management Tips
Las Vegas is one hot area for rental properties right now, with one-bedroom apartments right through to large villas and family homes.
One of the keys to successful property management is understanding the positives and negatives of Las Vegas and its suburbs. This is so that you, as the property manager, can help potential investors or tenants make better decisions.
1. Stay Ontop of Maintenance
The one thing that tenants are going to look out for are properties that look exactly like the images they're advertised with. This means that as a property management firm, you have to ensure that the supervisor at your property keeps up with repairs and aesthetic maintenance.
Fresh coats of paints and filling little cracks in walls can go a long way. This also goes for the deep cleaning of apartments before tenants come to view.
You want to have the goal of showing a clean canvas for new tenants, that's how you're going to hook them.
2. Be Creative With Marketing
Your Las Vegas property management marketing doesn't need to fit into a little box. You should think about getting creative with the way you advertise your rental properties in 2022.
Think about things like professional videos and photos, look into different online platforms to share your property, and make sure that your website is 100% up to date. Digital marketing is not only for businesses but also for the way in which you advertise your rental properties.
3. Create a Unique Care Package
When people are looking into your properties, they may be wondering about the area and what it has to offer. If you want to go the extra mile, you could create a care package that has all the information a new tenant would want.
Put things like where the good schools are, public transport route information, the best supermarkets, great restaurants, and other relevant information into this pack. When tenants come to view the apartment or property, hand your care package over, they'll love it!
Las Vegas Property Management Magic!
Las Vegas Property management should be fun, fast-paced, and not too stressful. The best way to approach it, as a property manager, is to keep a handle on your calendar and manage your tasks diligently.
If you can keep yourself a comprehensive to-do list and mark things off methodically, then you will see positive returns as you know that you haven't dropped any of your property management balls.
If you're a property owner or investor, and you're looking for someone to do your property management for you, look no further, contact us now.