Las Vegas Real Estate News
- Spend less than they make.
- Constantly improve their game.
- Have a plan.
- Are kind to others.
In the meantime, enjoy your Thanksgiving!
Las Vegas home listings last month reached their lowest level since December 2015, while the median sale price continued a modest four-month slide. This happens every single year since I’ve lived here. Everyone has Santa Clause and booze on the brain during the holidays. The election also put a bunch of deer in the headlights.
Airbnb – The 4th Solution
Due to popular demand, we are going to offer this solution to our investors. Studies and reviews indicate that investors can squeeze out 20% more than a lease/option. One of our agents is already operating an Airbnb for a friend so we have put together procedures and checklists to get someone going. If you are interested in pursuing this method for your income property, here is the basic outline of how it works and what the restrictions are.
Property Management Software Changed
We moved our property management data over to Appfolio. We are ahead of schedule on the transition but are still learning some of the ins and outs. Reports for owners should be easier to read once we have it dialed in. More importantly, we have improved the process for tenants paying rent. We have eliminated the “unclaimed deposits” issue which will accelerate the departure for late paying tenants.
There are about 10 properties that will be finished reconciled today. If you have not received payment or have questions about your statement, please contact us ASAP.
Recent squatter removal video.
Evictions and how they work