Only Vegas Realty

Only Vegas RealtyOnly Vegas RealtyOnly Vegas Realty
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    • Buying a Home
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    • Long Term Rentals
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    • Current Tenants
    • Prospective Tenants
  • More
    • Home
    • Services
      • Buying a Home
      • Staging/Remodeling
      • AirBnb
    • Property Management
      • Long Term Rentals
      • Short Term Rental
    • Rental Listings
    • Contact Us
    • Tenants
      • Current Tenants
      • Prospective Tenants

Only Vegas Realty

Only Vegas RealtyOnly Vegas RealtyOnly Vegas Realty
  • Home
  • Services
    • Buying a Home
    • Staging/Remodeling
    • AirBnb
  • Property Management
    • Long Term Rentals
    • Short Term Rental
  • Rental Listings
  • Contact Us
  • Tenants
    • Current Tenants
    • Prospective Tenants

Long Term Rentals

Long Term Rentals

8% Property Management Fee

Lease Renewal: $100

We believe in fair practices that prioritize the interests of both landlords and tenants. That's why we've structured our lease renewal process to ensure that our clients only incur a renewal fee if there's a rent increase involved. We understand that raising rent can be a significant decision, and we want to align our fees with the value we provide. 

Tenant Finder Fee: $700

Our tenant finder fee covers the costs associated with finding and securing a new tenant for a property. This Includes:

  1. Advertising and marketing expenses: This involves creating property listings, promoting the rental property through various channels such as online listings, social media, and signage, and covering the costs of any advertising platforms used.
  2. Showing the property: This includes scheduling and conducting property viewings, answering questions, and providing information about the property and its amenities.
  3. Tenant screening: This involves conducting background checks, credit checks, employment verification, and rental history checks on potential tenants to ensure they meet the landlord's criteria and are likely to be reliable and responsible renters.
  4. Lease preparation: The fee covers the preparation and execution of the lease agreement between the landlord and the new tenant. This includes drafting the lease contract, explaining the terms and conditions to the tenant, and facilitating the signing of the lease.
  5. Administrative costs: This includes paperwork processing, coordinating move-in logistics, and any other administrative tasks associated with securing a new tenant for the rental property.

Eviction Fee

With our experienced team by your side, you can trust us to handle evictions efficiently and effectively. From initiating legal proceedings to coordinating with tenants and authorities, we'll manage the process with professionalism, compassion, and urgency. 

  • Filing Notices: $150 + Filing Fee
  • Court Appearances: $150/ per hour

Why invest in property?

 Investing in property can be a wise choice for several reasons:

  1. Potential for Appreciation: Historically, real estate values tend to appreciate over time, although this can vary depending on location and market conditions. Property investment offers the potential for long-term capital growth, allowing investors to build wealth through property appreciation.
  2. Steady Income Stream: Rental properties provide a steady income stream through rental payments from tenants. This can offer a reliable source of passive income, especially if the property is well-maintained and consistently occupied.
  3. Portfolio Diversification: Property investment provides diversification within an investment portfolio, spreading risk across different asset classes. Real estate often has low correlation with other financial assets such as stocks and bonds, which can help reduce overall portfolio volatility.
  4. Hedge Against Inflation: Real estate has historically served as a hedge against inflation, as property values and rental income tend to increase with inflation over time. This can help protect the purchasing power of your investment in the long term.
  5. Leverage: Property investment allows investors to leverage their capital by using mortgage financing. By borrowing money to purchase a property, investors can amplify their returns through leverage, potentially increasing overall profitability.
  6. Tax Benefits: Real estate investors may benefit from various tax deductions and incentives, such as mortgage interest deductions, property depreciation, and expense deductions for maintenance and repairs. These tax benefits can help reduce the tax liability associated with property investment.
  7. Control and Tangibility: Unlike some other investment vehicles, such as stocks or mutual funds, property investment offers investors a tangible asset that they can see, touch, and control. Investors have the ability to make decisions regarding property management, renovations, and improvements, providing a sense of control over their investment.
  8. Potential for Passive Income: Rental properties can provide passive income for investors, allowing them to generate income without actively working for it. With proper property management, investors can enjoy passive rental income while leveraging the expertise of property managers or rental management services.

While property investment offers many potential benefits, it's essential to conduct thorough research, assess market conditions, and carefully consider factors such as location, property condition, rental demand, and financing options before making investment decisions. Additionally, property investment requires ongoing maintenance, management, and financial responsibility, so investors should be prepared to commit time and resources to effectively manage their investment properties.


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