Blog
Building a Legacy: Estate Planning and Protecting Your Las Vegas Real Estate Assets
When it comes to protecting your investment portfolio and deciding what you want to leave behind, estate planning is essential for preserving assets and creating opportunities. For real estate investors in Las Vegas, ensuring that your real estate investments are...
Real Estate Myths Busted: Unmasking Common Misconceptions about Las Vegas Investing
Everybody is an expert these days, and that’s particularly frustrating when the self-identified “experts” weigh in on real estate matters that they simply have no business discussing. Rumors, gossip, myths and legends…none of these things have a place in your...
The Ultimate Guide to Las Vegas Real Estate Taxes
Investing in Las Vegas real estate comes with a set of tax implications that investors need to understand in order to protect their earnings and enjoy a lucrative investment experience. There are property taxes in Clark County, and that tax rate is relatively low...
The Ins and Outs of Insurance: Protecting Your Las Vegas Investment Property
You may find yourself confused and uncertain about the insurance that you need for your Las Vegas investment property. Does your homeowner's insurance cover the investment if it’s a home you once lived in yourself? How much liability is necessary? How do you know...
Beyond the Expected: 5 Unique Ways to Generate Value from Your Las Vegas Investment Property
Smart investors are always looking for ways to generate value from their Las Vegas investment properties. While rents are nice and high right now, there are always ways to earn more. You want to make your property as desirable as possible so that high-quality tenants...
Building Your Rental Empire: From Single Property to Portfolio Success in Las Vegas
Investing in real estate can be a a big part of strengthening your financial portfolio, and whether you’re new to real estate investing and thinking about your first purchase or you have a single rental home and you’d like to build a larger and more profitable...
Cracking the Code: A Data-Driven Guide to Maximizing Your Las Vegas Rental Income
The amount of rent you can earn in Las Vegas depends on a number of things. The location is always going to matter. The neighborhood you choose for your investment will impact the amount of rent you’re able to charge, the tenants you attract, and the value of that...
How to Protect Yourself from Real Estate Scams in Las Vegas
Technology has helped us to move forward as an industry. When we’re talking about property management in Las Vegas, we can tell you that your property is being leased, managed, and maintained more efficiently and effectively than ever before thanks to technology. ...
Rent with Confidence: A Property Manager’s Guide to a Successful Application
Finding the most qualified tenant for your Las Vegas rental property is a crucial first step in ensuring a positive and profitable rental experience. Before you can screen for good tenants, you have to produce a rental application. The rental application is your...
The Top 10 Mistakes Las Vegas Property Owners Make (And How to Avoid Them)
Listen, no one’s perfect. And no one expects you to be perfect, either. But, when you’re renting out a property in Las Vegas, you want to be as close to perfect as you can. That’s because it’s easy to make mistakes as a landlord, and even experienced rental property...
The Ultimate Checklist for New Las Vegas Investors: From Acquisition to Management
Here you are, ready to invest. When you buy real estate in Las Vegas, you’re making a smart financial move. If this is your first time, we have some guidance for you, which starts with a checklist. You’ll find there are an abundance of opportunities in Las Vegas for...
Top Schools, Restaurants, and Activities Near Your Las Vegas Rental Property
Do people want to live in your rental home, or nah? Investing in a rental property requires more than just finding a good deal on real estate and providing a home in exchange for rent. You want to make sure you’re maximizing the value of your property and attracting...
Real Estate Market Update: What’s Happening in Las Vegas Now?
If you were thinking that the real estate market in Las Vegas was going to peak and settle, you might be surprised at some of the data we’re looking at. The number of new listings is higher than it was in 2023, prices have continued to go up, and there’s a drop in...
Financing Your Las Vegas Investment Property: Options and Strategies
When it’s time to buy a Las Vegas investment property, how are you going to pay for it? This has to be one of the first questions you ask yourself, and regardless of your financial situation, it’s not always an easy one to answer. Lending is trickier than it once...
Beyond the Strip: Unveiling Las Vegas’ Hidden Investment Gems
When anyone thinks about Las Vegas, it’s easy to immediately think about fortunes won and lost in the blink of an eye. You might think about casinos, mob history, showgirls, and high-end shopping and dining. An idea of excess is easily conjured when one is discussing...
From Tenant to Owner: Making the Transition to Las Vegas Property Ownership
Tired of writing out those rent checks and ready to own your own home? We’re cheering you on, even if we’ve enjoyed renting to you. Owning a home, with its ascribed sense of stability and pride, is often a life goal and has long been considered a big part of the...
The Real Estate Revolution: How Technology is Transforming Property Management
Property management in Las Vegas has been shifting tremendously over the last few years. Not only has there been a large increase in population and the pool of tenants, but we’ve also seen rental values rise and tenant demands move in a very different direction. ...
The Rise of Remote Work: How it’s Impacting Las Vegas Real Estate
The notable shift towards remote work has not only altered where people work but also where they choose to live. As companies adjust to a post-pandemic workplace reality, flexible work arrangements have become a long-term adjustment rather than a temporary fix. This...
Is Investing in Las Vegas Real Estate Right for You? A 2024 Guide
Las Vegas has always been a rather unique real estate market. We’re out here in the desert, which has its rewards and its challenges, and our housing market has been identified as a great opportunity by out of state investors and even investors who live outside of the...
Unlocking Perks and Peace of Mind: Why Our Residents Rave About the Benefits Package
Tenants in Las Vegas have higher expectations and more ambitious demands than ever before. And we respect that. Because we’re always looking for ways to meet the needs of our residents and provide an exceptional rental experience, we offer a premiere Resident...
When Does a Guest Become a Tenant?
There are many big differences between a tenant and a guest. For starters, only a tenant is on the lease. Guests of the tenant who stay too long can create some problems for you. We’re talking about the safety of your property and your rights when it comes to how you...
Guidance on Accounting & Monthly Statements for Las Vegas Owners
Staying ahead of your finances is an important part of successfully managing your investments. While it’s not always easy to get excited or motivated by accounting and bookkeeping, they are important functions in ensuring your property earns what you expect. You have...
Landlord’s Guide to Emotional Support and Service Animals
Landlords have an important responsibility when it comes to accommodating tenants who have disabilities. You would not hesitate to assign a dedicated parking space to a tenant with a handicapped placard, for example. Increasingly, the accommodation that’s requested...
Life Expectancy of Rental Property Items
When you make a replacement at your Las Vegas rental property, how long can you expect that item to last? This is an important question for both your maintenance budget and your selection when you’re buying a new refrigerator or investing in a new roof. You don’t...
Renting to Relatives: What Every Las Vegas Landlord Needs to Know
Uncle Pete needs a place to live, and everyone in the family is looking at you because they know you have rental properties. How will you respond in such a situation? We would like to caution you: renting out a property to a family member or a friend can be a risky...
How Proper Paperwork and Rental Agreements Protect You and Your Property
There are multiple ways that you’ll need to protect your investment property when you’re renting out a home in Las Vegas. You need good insurance. You need to focus on preventative maintenance. You need to choose good tenants who will pay rent on time and take care of...
Landlord’s Guide to Handling Difficult Tenants with Ease
How do you handle difficult people? Maybe you ignore them. Avoidance is a coping strategy, and not a terrible one. However, that’s not going to work when it comes to difficult tenants. As a rental property owner, you’re bound to run into tenants who make your work...
Tips for Saving Money During Tenant Turnover
For landlords in Las Vegas, tenant turnover can be one of the most expensive parts of owning a rental property. It’s also easy to underestimate the costs and just how expensive it will be to prepare your property for a new resident. Changing tenants means more than...
Oversights a Property Management Company Can Help Landlords Prevent
It’s easy to make mistakes when you’re renting out a Las Vegas property. Whether you’re new to being a landlord or an experienced investor who rents out an entire portfolio of homes, mistakes can be expensive. Worse – they can make you rethink whether you should be...
So You Bought an Investment Property, What’s Next?
Investing in real estate is an attractive money move because it provides benefits such as recurring rental income, tax benefits, and an opportunity to build equity in an asset that’s appreciating in value. You’ll also enjoy a pretty reliable hedge against inflation. ...
How to Verify Tenant Rental History
You might have a thorough screening process in place, where you check credit, verify income, and look for evidence of criminal convictions in an applicant’s background. All of those are important steps in screening a tenant, but no process is complete without...
Landlord’s Guide to Lease Renewals
If you’re not prepared, lease renewals can sneak up on you. The starting point for any lease renewal process is a careful review of the terms of your current rental agreement. There’s a window that your tenant will have to provide their notice to vacate if they’re not...
Are You Ready to Become A Las Vegas Landlord?
In the Las Vegas rental market, there’s a high demand for well-maintained homes in desirable neighborhoods. When you have a home to rent out, whether it’s a home you once lived in yourself or a property you decide to buy as an investment, you’re well-positioned to...
Self-Managing vs. Hiring a Professional Property Management Company
If you’re renting out a Las Vegas property, you’re likely wondering whether you should manage that property on your own or hire a professional company to help you. It’s a personal decision, and the best answer for you really comes down to how much of your own time,...
Questions to Ask Before You Hire a Contractor
Whether you’re conducting a total remodel on an aging rental home or preparing a new investment property for the rental market, you may find yourself needing the services of a contractor. The individual you choose to work with will have a huge impact on your project’s...
Landlord’s Guide to Fair Housing and Reasonable Accommodation
Fair housing laws require that you provide reasonable accommodations to your tenants and applicants who have a disability. The Americans with Disability Act (ADA) says that it is unlawful for a landlord to refuse "to make reasonable accommodations in rules, policies,...
A Tenant Damaged My Property, Now What?
What happens when a tenant damages your Las Vegas rental property? For starters, you’ll use up as much of the security deposit that’s available in order to pay for the damage. As a landlord, you’re responsible for any costs associated with normal wear and tear....
Unexpected Costs of Owning a Rental Property
Owning a rental property, of course, comes with costs. And, you think you’ve budgeted for everything once you’ve closed the deal and you begin looking for tenants. You’ve likely calculated the marketing costs and budgeted for what you’ll spend to screen tenants and...
Considering Moving to Las Vegas? Here’s Why You Should!
The Las Vegas area is unlike any other part of the country. We have constant entertainment, a lot of dramatic natural landscapes, and some of the best dining, shopping, and culture that you can find. It’s a popular place to visit. Recently, it’s become a popular place...
Best Home Showing Tips To Attract Quality Tenants
After posting your listing for a few weeks, you finally found a prospective tenant for your property. Your conversation went well, and they agreed to visit your place. During the showing, you felt like you nailed it! You gave them everything they needed to know about...
3 Ways to Improve the Curb Appeal of Your Investment Property
Do you have a rental property in Las Vegas, North Las Vegas, or Henderson? As a property owner or investor, it is important to ensure that your rental looks attractive and inviting. Not only will this give you an edge over other properties in the area, but it will...
Investing in a Property Sight Unseen: What You Need To Know
Businesses across nearly every industry adopted technology that allowed them to work remotely. The real estate industry is no exception. Investing in a property without physically being there to see it is possible and even easier now than it was before. It all began...
Should I Sell My Home or Rent It Out?
Property management in Las Vegas is becoming increasingly popular as more and more owners are looking for ways to maximize the value of their investments. However, choosing between selling your property or renting it out would prove challenging in today’s market....
How To Maintain Your Las Vegas Investment Property Over Time
We talk a lot about the value of buying and holding Las Vegas real estate so you can continue earning money on your property in both the short term and the long term. This is the best way to build real wealth as an investor. If you’re going to hold onto your...
Steps for a Successful Move Out Process | Las Vegas Property Management
The move-out process can be sticky for both tenants and Las Vegas rental property owners. Your renters are in a rush to pack, organize their moving plans, and think about wherever they’re going next. You are likely wondering how quickly you can get the place cleaned,...
5 Tips for Getting the Best Return on Your Las Vegas Investment Home
The return on investment (ROI) you earn on your Las Vegas investment property can be calculated in many different ways, and success looks different from investor to investor. Earning goals will depend on your investment plans and whether you’re effectively reaching...
How To Protect Your Las Vegas Rental From Potential Damages
Deterioration is expected at Las Vegas rental properties. With tenants living in your property, you can expect the normal wear and tear to occur there. Frequent tenant turnovers, extreme Nevada temperatures, and age will wear your home out. It’s why you keep up with...
Expert Practices for Completing Tenant Maintenance Requests in Las Vegas
Responding to maintenance requests at your rental property should never be done without thought, planning, and organization. You don’t want to be in the position where you forgot that a tenant called to report something is wrong. You don’t want to misunderstand what...
Renovations to Increase ROI for Your Las Vegas Rental Property
Ready to renovate? You should be. With some wisely chosen upgrades and updates, your Las Vegas rental property can earn higher rents. You’ll also attract better tenants who are committed to staying in your home for the long term. You don’t have to be an expert real...
Las Vegas Property Management Guide to Protecting Your Out-of-State Home
Investing in Las Vegas is a smart financial idea, even if you don’t live in the local market yourself. At New West Property Management, we work with investors from outside of the city, outside of the state, and even outside of the country. We also work with people who...
The Importance of Technology When Managing Las Vegas Rental Properties
When you’re looking for a professional Las Vegas property management company to effectively lease and manage your investment or your portfolio, you need a local expert with a lot of professional and industry resources. You need experience and strong tenant management...
Handling Security Deposit Returns | Las Vegas Property Management
Security deposits provide Las Vegas landlords with protection against financial damages resulting from tenant negligence during their use of the rental property. This can include repairs and cleaning, breaches of contract that cost the landlord money, and unpaid rent....
How To Determine If a Las Vegas Rental Property Is a Good Investment
Nevada is probably best known for its gambling industry and its strong tourism. But, it’s more than that. In fact, gambling and tourism are only two parts of a thriving economy. The population continues to swell - with both visitors and full-time residents. In Las...
Las Vegas Rental Walk-Through Checklist – What Should You Look For?
Rental walk-throughs are important for Las Vegas property owners because they help you notice and address maintenance issues. A walk-through during a tenancy can also help you understand whether your tenants are taking good care of the home and following the terms of...
Why You Should Perform Regular Property Walk-Throughs on Your Las Vegas Rental
Why should you perform regular property walk-throughs on your Las Vegas rental properties? There are a lot of reasons you need to be walking through routinely. You should do them even if you have a great tenant in place who has few complaints and never makes...
How To Get Your Las Vegas Property Rent Ready
Before you can find a tenant and start collecting rent, you have to make sure your Las Vegas rental property is ready for the market. There are lots of details required, and a deep understanding of how the market works and what tenants are looking for in a home. As a...
How To Build Better Relationships With Your Las Vegas Tenants
Relationships are hard sometimes, but the relationship you have with your Las Vegas tenants shouldn’t be adversarial or difficult. They should be respectful, professional, and based on trust and transparency. Ultimately, you want your tenants to be happy living in...
What Are Las Vegas Landlord Responsibilities vs. Tenant Responsibilities?
You likely did not become a landlord without understanding most of your general responsibilities. When you rent out a Las Vegas property, you’re required to keep it safe, habitable, and well-maintained. If something breaks, you fix it. Things can get confusing,...
Why a Move-in Property Condition Checklist is Important | Las Vegas Property Management
The move-in process is important because it sets the tone of your relationship with your new tenants. If you are prepared, organized, and supportive during this process, you’re likely going to have a better relationship with your renters and a far more pleasant...
Best Practices for Tenant Screening in Las Vegas
An effective tenant screening process is fair, consistent, and rigorous. It ensures that the person you are placing in your Las Vegas rental property is responsible and can be relied upon to pay rent on time, take care of your property, and respect the terms set forth...
How To Competitively Price Your Las Vegas Rental Property
Competitive pricing will help you minimize vacancy and maximize income with your Las Vegas rental property. It might seem as easy as attaching a figure that makes sense, but there’s actually an art and a science that goes into accurately pricing your property. The...
What Out-of-State Investors Should Keep in Mind When Adding a Las Vegas Rental Property to Their Portfolio
We work with a lot of investors from outside of Las Vegas, and it’s no wonder. This is a growing market, and homes in Las Vegas, North Las Vegas, and Henderson offer outstanding opportunities for investors who are looking for cash flow opportunities as well as long...
Top 5 Things Tenants Look for in a Las Vegas Rental Property
Some of the Las Vegas tenants you’ll encounter are looking for a single-family home with a yard and a garage. Others will want a low-maintenance condo with a community pool and proximity to work. It’s hard to provide a rental property that appeals to every tenant in...
The Best Ways to Market Your Las Vegas Home
We’re in a period where the Las Vegas rental market is moving pretty quickly. There’s a huge demand for well-maintained rental homes, especially single-family homes, condos, and multi-unit homes in small buildings. When you have a property that’s desirable to a lot...
Communication You Can Expect From a Las Vegas Property Manager
What kind of communication can you expect from your Las Vegas property manager? This is an important question for every investor, owner, and landlord to ask before hiring a company to lease and manage your properties. Communication is especially important when you’re...
Tips for First Time Las Vegas Real Estate Investors
First time Las Vegas real estate investors often understand the rewards of buying rental property. There’s an opportunity for short-term rental income as well as long-term ROI. You’ll be able to access tax benefits and watch the value of your investment grow even...
How to Know When it’s Time to Switch Las Vegas Property Management Companies
Change isn’t always easy. But, if your Las Vegas property management company isn’t meeting your needs and expectations, you need to take a look at other options. Your investments are worth a lot of money, and you need a management partner who understands your...
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Ph: 702.362.8099
Fax: 702.362.2454
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New West Property Management
Melissa L. Fore, Broker
B.144073
PM.1044065
1597 E Windmill Lane, Ste. 300
Las Vegas, NV 89123
Monday - Thursday 8:30AM - 5:30PM
Friday 8:30AM - 5:00PM
Email Us
Maintenance Assistance - maintenance@propertymgt.com
Customer Service/HOA Compliance - customer.service@propertymgt.com