Southwestern Management And Realty Team
Call Us (702) 750-9725

Owner Newsletter – February 2015

February 7, 2015

Happy Valentine’s Day!

1099’s have been sent out to the address we had on file. If you have ANY questions, please direct those to David Mazey, Accounting Manager at [email protected] or 702.750.9725×227.

Owner Distributions: Again, we send out distributions on the 10th of each month, unless it falls on a weekend, the direct deposits will be initiated the next business day. PLEASE REMEMBER- ONCE WE SEND OUT THE BANK TAKES 24-48 HOURS TO PLACE INTO YOUR ACCOUNT. PLEASE DO NOT CALL ON THE 10TH AND ASK WHERE IS THE DEPOSIT. PLEASE GIVE IT THE TIME IT NEEDS.

HOME WARRANTY INFORMATION: Many of you have been gracious to respond to the required information. We are missing many forms from you. Please if you have NOT returned the form please do so – even if you do not have a home warranty- we need to now. WE NEED THE FORM IN THE FILE FROM YOU! NOT ANSWERING IS NOT AN ANSWER! Here is what will happen if you do not let us know. If a repair occurs and we do not have your home warranty information – you will be charged for that item. Please help us as we continue to grow and streamline our procedures. SEE ATTACHED FORM AND RETURN TO [email protected] OR 702.974.0191 FAX.

PROPERTY MANAGERS: If you are still not sure who your Property Manager is –

Owners: Please keep this information handy for the contact. PLEASE REMEBER THAT CINDI HALL IS NOT A PROPERTY MANAGER AND ALL QUESTIONS SHOULD BE DIRECTED TO THE PROPERTY MANAGERS – NOT ME!

Jason Teglia

[email protected]

702.750.9725×226

702.582.9003 (cell)

 

David Grisingher

[email protected]

702.750.9725×228

702.521.4422 (cell)

HOA VIOLATIONS: Las Vegas has had a very mild winter so far. Many trees and flowers are already in bloom and weeds are popping up. If you have received an HOA violation, please forward to your property manager or fax to: 702.974.0191. So we may contact the tenant. I believe that this year the HOA’s will be out in full force with no mercy to anyone. OWNERS – IF YOU RECEIVE A LETTER PLEASE FORWARD THAT DOCUMENT TO US AS WE WILL NEED FOR THE FILE AND IN ORDER TO COMPLETE THE REQUESTS. THIS HAS BEEN A STANDING POLICY FOR OVER 6YEARS.

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.

I Agree