Southwestern Management And Realty Team

Property Management Companies are In Demand in Las Vegas

It’s a given that you can find tons of information online regarding the benefits of hiring property managers or management companies. Although these benefits can be long-lasting and very real, it’s still important to know why landlords and real estate investors should consider hiring their services. The first thing you want to remember is that there will be times when this is not an ideal solution.

For instance, this could be the case if a landlord/investor has enough experience and free time to handle the job. It may also be that the landlord/investor lives in close proximity to their rental properties. Maybe they’re in a position where they can inspect their properties, respond to repair inquiries, or settle complaints between the tenant and their neighbors. In these situations, there is no need to hire a management company as there are no daily requirements.

When is Property Management Required?

Even though hiring a property management company isn’t necessary, based on the aforementioned scenarios, there are just as many situations when this is something you should consider. There are going to be times when the real estate investor does not have enough time to manage their rentals or that they simply want nothing to do with the responsibilities involved in managing the property. Yet they need a responsible professional to handle it all. And that is why as a rental property investor, there are 5 key reasons to hire a property management company.

They are:

1: You don’t have the resources or time. When you have a property management company overseeing your rentals, they will be able to show the property and vet any prospective tenants when have neither the resources nor time to do so yourself.

2: You don’t have the time for “quality control.” In other words, you’re unfamiliar with applicant screening and don’t know what to look for when vetting them. Plus, you may not be able to conduct annual or bi-annual inspections like a property manager would.

3: You don’t live close enough to the property. Whether it’s been this way from the beginning or you recently relocated farther away, it will become increasingly more difficult to cater to the needs of the tenant as well as the property itself.

4: You need a lease that protects you and your property. One of the primary benefits of hiring a property management company is that they have strong lease agreements in place to protect you and your property. You never have to worry about having all your “I’s” dotted and your “T’s” crossed.

5: You need better tenant retention. Extended vacancy periods and high turnover rates wreak havoc on your investment and monthly income. When a property management company is leasing or renting to higher quality tenants and maintaining your rentals to a high standard, tenant retention rates will increase while vacancy periods will decrease.

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.


  • 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.