- Do you know what to do when the tenant stops paying the rent and claims it is because you stopped making repairs or won't tell you why?!
- Do you have people you can call when the tenant informs you that the property is flooding? The answer isn’t your insurance agent. Do you know the water loss classifications?!
- Do you have time to take care of your "rental business" while working a full time job?!
- Are you aware of the State Laws regarding the use of licensed contractors?!
- Many self-managing owners don't know what they don't know, are you one of those?!
- Do you have the ability to run credit reports and do criminal background checks?!
- Do you know the protected classes in the State and Federal Fair Housing Laws? There are 3 additional protected classes in Nevada that are not federally protected classes!!
- Do you know what the market rent is for your property? Depending on sites like Zillow or Trulia alone for this information could be costly!
- Do you know that insurance companies can deny claims and cancel coverage if home isn't being maintained or if home is vacant?!
- Do have good reasons to manage your own property and are those reasons really worth all the risks?!
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Owner or Renter?