Southwestern Management And Realty Team

How You Benefit from Hiring a Property Management Company

As a rental property investor, nothing is more exciting than building your portfolio and watching it grow. However, you’ve probably noticed that it’s becoming increasingly more difficult to handle maintenance issues while managing your tenant’s repair requests at the same time.  Furthermore, lease renewals are pending and some of your properties are going to need some additional care and attention, especially if there are new tenants coming in.  Basically, you’re starting to realize that there just isn’t enough time in the day to devote to your rentals and pursue other investment opportunities.

If this sounds like a familiar scenario, it may be time to think about hiring a reputable property management company.  The obvious advantage is that it will free up the time needed to focus on more important things such as managing your business, pursuing other investment opportunities, or spending more quality time with your family.  When you have a property management company taking care of your properties, you’ll be able to enjoy the following benefits as well:

Financial accounting and tax planning – One of the areas that individual landlords constantly struggle with is their financial accounting and tax planning.  These are critical areas that a reputable property management company is experienced at handling.  

More attention paid to details – As a landlord, you may be overlooking an important detail that needs to be on your agenda.  One of the benefits of hiring a professional team to manage your properties is that they pay attention to all the details no matter how minute they may seem.

Someone else handles the dirty work for you – As a property owner/investor, you can empower the property management company you hire to handle the tougher issues that are associated with managing rental properties such as:

  • collecting rents
  • processing evictions
  • screening prospective tenants
  • lease renewals
  • inspections
  • …among other items

Working as a partnership – Effective property management is attributed to developing and maintaining good relationships with the owner/investor.  When these two parties are working in harmony with one another, you’ll have a much easier time attaining your financial goals and objectives.  They will also work with you to provide a superior level of service that all parties can be comfortable with.  Most importantly, you have to partner with a property management company that works with you throughout the bad times as well as the good times. With plenty of companies available, you need to ensure that it is reputed, licensed and insured.  

Make the “SMART” Choice with Southwestern Management And Realty Team

las vegas property management

SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.

Credit

  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs

Pets

MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.

SERVICE ANIMALS ARE OF COURSE ACCEPTED AND WILL REQUIRE THE PROPER GOVERNMENT ISSUED DOCUMENTATION.