Should I Manage my Property on my Own?

Is partnering with a property manager the right choice?

So, you own rentals in Las Vegas and you're not certain whether you need a property management partner? There are no two ways about it: property managers charge monthly fees, and some landlords don't want to say goodbye to rental income. Working with a property management professional is the right choice for many homeowners, but if you're still on the fence, read through the information below. You may not need a property manager if you meet the following criteria:

You're a Real Estate Expert

Do you monitor local housing trends, pay attention to housing guidelines and federal requirements, and know which neighborhoods are growing in popularity? This real estate expertise proves invaluable for homeowners who are serious about maximizing the return on their investment. If you're groping in the dark when it comes to rental pricing, digital marketing, and drafting detailed leases, you'll be in better hands working with a Vegas property management company.

You Have an Existing Network of Professionals

Even the most determined jack-of-all-trades needs to have working relationships with licensed vendors. Some jobs simply require a professional touch, plain and simple. From renovations that need to meet building code to HVAC repairs that need specialized expertise, you'll require help from time to time. If you don't have a network of local partners, you could find yourself scrambling to get the job done right. This is one of the times when a property manager proves invaluable.

You Have an Open Schedule

Many landlords are shocked to discover how much time their rental property demands from them. From responding to maintenance requests and completing repairs to handling billing responsibilities, it's not uncommon to invest several hours each week on property management. If you have the time and energy to invest, a manager might not be essential; then again, if you don't want to spend every waking hour taking care of your rental, a management partner might be the right choice.

You're Prepared to Run Your Rental Like a Business

Even the best intentioned landlords often find themselves in financial hot water. When maintenance costs spiral out of control or a tenant doesn't pay their rent on time, are you prepared to take the necessary measures to rectify the situation? Do you feel equipped to handle an eviction if necessary? How will you boost your earnings if you determine that you're not making enough to break even? These are all serious questions that you should answer before making the decision to operate your rental solo.

Learn how RPM Las Vegas can help—schedule a free consultation below.

As Seen In The News

Leasing Services

Fill your vacancies faster with our marketing experts working for you. We use a sophisticated assortment of advertising tools to reach the largest audience possible.

Background Checks

The right tenant makes all the difference. Every application undergoes rigorous screening, including financial & background checks, to keep you protected.

Rent Collection

Say goodbye to chasing after late rent checks each month. Our team handles all collection efforts on your behalf, with earnings disbursed quickly to protect cashflow.

24/7 Maintenance

Tired of wasting your time handling repairs? Let us address maintenance  on your behalf. We filter tenant requests & coordinate with in-house and preferred vendors to get the job done right.

Property Inspections

Our team conducts frequent inspections of every rental home in our portfolio to ensure tenants are respecting their leases. This provides unbeatable peace of mind.

HOA Compliance

If your rental property is subject to HOA regulations, let us keep you compliant. We'll monitor the rules and ensure your home respects all relevant restrictions.

Financial Reporting

Easily monitor your monthly income, recent expenses, and annual performance. We generate regular statements and notes, all of which are available in the online portal.

Legal Guidance

Don't find yourself in violation of Nevada tenant/landlord laws (NRS 118A) or federal housing regulations. We keep your property compliant and eliminate unnecessary liability for you.

Eviction Assistance

Should the worst come to pass, we'll help you legally evict your tenant. We'll hold your hand every step of the way, and when all is said and done, find a great new renter.

WHY CHOOSE RENTMAX LAS VEGAS?

Management Focused

Management Focused

Most managers are just trying to sell your house and are not truly focused on rental management. They have too many agents which means they have too many conflicts of interest when you need help. Since management is our primary focus, owners and tenants get more attention. Our priority will always be ensuring the successful management of the homes in our real estate portfolio, first and foremost. This focus is why more local realtors partner with us to get property management assistance than anyone else.

We Actually Inspect

Many managers make big claims about doing inspections but the industry's dirty secret is that most will never set foot inside your home until the tenant moves out. Years can go by before they ever inspect and finding a clogged A/C filter sucked into your vent can ruin your HVAC unit. Our lease agreement requires tenants to allow regular visits so we can try to eliminate unwanted surprises that cost you money. These visits help enforce the terms of the lease and can prevent more costly problems.

inspections by property managers
The Local Experts

The Local Experts

You cannot afford to let just anybody manage your Las Vegas rental property. We're the trusted leader in local real estate. Experience matters and we have combined over 30 years of it. We constantly monitor local market trends and pay attention to what tenants/buyers want. We use this information to better position your rental property to be the most profitable it can be. Small investors and accidental landlords love us because we are a one-stop shop for everything you need.

We're Rated #1

Healthy management can only exist when built upon a foundation of character and competence. Unlike some firms that try to boost earnings with hidden fees on the back-end, we treat you like an equal partner from day one. With service you can trust, it comes as no surprise that we were voted Best of Las Vegas - Best Property Management Company by the Las Vegas Review-Journal (2019 Silver Winner, 2020 Gold Winner, 2021 Gold Winner, 2022 Gold Winner, 2023 Gold Winner).

  • Fast Rental Guarantee
  • Quality Tenant Guarantee
  • Eviction Protection Plan
  • Tenant Retention Program
  • Pet Damage Guarantee
  • 100% Satisfaction Guarantee
#1 Rated Property Manager

OUR CLIENTS LOVE US

We've helped 1000+ homeowners locally in Las Vegas

Quentin Bell

Always Accessible


"My wife and I used to mange properties so we have a unique perspective. It tends to be thankless. I give RPM praise for how they provide solutions and are always accessible. I've known Tod Wever for years and can vouch for his character. They have a customer-centric culture and it shows.”

Quentin Bell, Testimonial

darren-b

Pofessional & Courteous


"I have sent many referrals to RPM for property management and for help finding rentals. They are professional, courteous and quick to perform. Tod Wever has years of experience in the property management business. I recommend you let him and his team put those years of experience to work for you. RPM is great!”

Darren Bryan, Top Las Vegas Realtor

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REAL, Recent Reviews

The Local Experts in Las Vegas Property Management

If you are a small investor or accidental landlord then you know how difficult owning real estate in Las Vegas can be. Handling the day-to-day needs of your property is a full-time job. From finding the best tenants and collecting rents to answering repair requests and knowing tenant/landlord law, managing a rental property is no easy task. To free up your time or grow your rental portfolio, partnering with a professional property manager is essential but how do you know which company to trust?

At RPM Las Vegas, you won't find a better partner for hands-on support of your rental. Our team of experts includes leasing specialists, repair coordinators, and accounting superstars, all of whom are ready to tackle any problem. Recipients of the 5-Star Customer Service Excellence (CSE) Award from the Las Vegas Chamber of Commerce out of hundreds of other local businesses in Las Vegas, we set the standard for customer service in property management. Isn't it time you learned what RPM Las Vegas can do for you?