Southwestern Management And Realty Team

Owner Newsletter- October 2018


Trick or Treat!

Property Manager: Please remember if you need to speak with Shannon–your Property Manager here is her information.

Shannon Gardner

[email protected]


Online Rent Payments: We have noticed a much higher payment record over the last year since the Tenants can now pay online thru our ManageVegas website. We still have a few of the habitual late payers but a drastic improvement. Owner Distributions will continue to go out on the normal days and for the new Owners, the ACH direct deposits can take 24-48 hours before hitting your account. This is NOT an instantaneous process. Distribution day on the 10th! Our offices will be closed, Friday, October 26th for the state holiday of Nevada Day!

THINKING ABOUT SELLING: Remember to talk with us first–For additional information regarding this, please view our website; or speak with Mark Hall, Broker for further details.

Property Turnovers: Once Cindi receives the 30-Day Notice, she will notify you of the move out date. It is critical that you have at a minimum, the power and water on. We cannot do final inspections without them. If turning them on is a problem, let us know, we can assist with a service charge of $100 per utility for turn on. If additional funds are required to bring your property up to rent ready status, Shanon, your PM or Jeff, Maintenance Coordinator will notify you and SMART will need those funds as soon as possible.

Rents: SMART no longer allows tenants to go on a month-to-month basis. Thirty (30) days prior to the end of the lease or more, comps will be run and a new lease will be prepared for the tenant. They have 2 options, renew the lease for a year or give a 30-Day Notice to move. Annual Inspections are done at this time, with a report to you, photos and a copy of the new lease.

Download PDF version of newsletter HERE

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.


  • 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


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.