• Solving Challenges in Property Management

  • Aug 29 2024
  • Length: 34 mins
  • Podcast

Solving Challenges in Property Management

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    Unlock the secrets of the Las Vegas real estate market in our latest episode of Vegas Realty Check! Join us, Trish Williams and Tiana Carroll, as we sit down with returning guest Mark Lister from Nevada Superior Property to dissect the current market trends. Discover why the residential market feels sluggish despite a rise in inventory to nearly 5,000 homes and a significant drop in sales to just 410. With potential rate drops from the Federal Reserve on the horizon, we explore what this could mean for buyers, sellers, and investors alike. Mark also sheds light on the peculiar trend of summer rental inventories mirroring winter levels, and touches on the benefits of allowing pets to make properties more attractive to tenants.

    In this episode, we introduce an innovative rental product making it easier for tenants to move in without the hefty upfront deposit. Instead, a smaller fee is paid to a company that covers the deposit, benefiting both tenants and landlords. We break down how this system works, its advantages, and the importance of screening tenants. Plus, we delve into the current property management trends, including why some property owners are choosing to sell rather than rent based on market conditions and their personal suitability for being landlords.

    Finally, we tackle the rising costs and challenges of post-COVID maintenance repairs, highlighting the frustrations of unreliable home warranties. From excessive repair times to inadequate coverage, we discuss when bypassing these warranties makes sense to ensure timely fixes, especially in rental properties. Our conversation rounds out with tips on proactive property management, such as regular inspections to catch small issues before they become costly repairs. Contact us for more insights and detailed property management advice – your go-to resource for navigating the Las Vegas real estate landscape!

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    Welcome to Vegas Realty Check, the informative podcast that dives deep into the world of Las Vegas real estate.

    Our expert hosts break down the complexities of the ever-changing Las Vegas property market, analyze market trends, economic indicators, and unique property features to provide you with valuable insights on timing your home sale or purchase.

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