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

Owner Newsletter – MARCH 2015

March 4, 2015

Hello SMART Owners!

We hope that this newsletter finds you well. There is a lot to update you on. The Las Vegas rental market is recovering! MLS now has approximately 3100 rentals that include single family homes, condos, and town homes. This time last year there was over 5700. The market is still a renter’s paradise. In an effort for you as Owners connected with SMART we, are constantly trying to bring our properties to the forefront of the renters so that property will be rented before another company’s listing. Please have an open mind when suggestions come your way.

THINKING ABOUT SELLING YOUR PROPERTY? Talk with SMART first and remember you have a benefit with SMART and it’s the SMART Choice Listing Program. View our website at www.managevegas.com and click on SMART Listing – as an owner with SMART your start up costs are only $995 (see services included). Call Mark Hall, Broker for more details at 702.750.9725×223 or email at [email protected]. You can save THOUSANDS on this program.

Turnover of Rental: As Owners, you need to be prepared financially to make necessary repairs. When a situation arises with the property – your Property Manager needs to have positive communication with you. Tenants get angry when they are expecting items to be done and the Owners are unwilling to pay for these items. This is the risk you have in being a Landlord. We are managing and are pleased to manage, but SMART does not own the property, the owners do and we need full co-operation in making EVERYONE happy. Please be aware that SMART is not a bank and we do not front money for Owners for repairs. If you have a Home Warranty and you have NOT informed SMART – you will be charged for repair services. Better get that info to us as soon as possible.

In an effort to provide better service you have not 1 but 2 property managers.If you cannot reach one – try the other PLEASE KEEP THIS NEWSLETTER HANDY!

Jason Teglia

[email protected]

702.750.9725×226

702.582.9003 cell

 

David Grisingher\[email protected]

702.750.9725×228

702.521.4422 cell

 

Irish Blessing

May the roads rise to meet you,

May the winds be always at your back,

May the sun shine warm upon your face,

The rains fall soft upon your fields,

And until we meet again may God hold you 

in the hollow of His hand.

 

The Better Business Bureau (BBB) has now issued SMART a new grade of service!

SMART is an A+ rated property management company. We’re making it happen!

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