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New Nevada landlord-tenant law 2019

nevada landlord-tenant law changes 2019

The Nevada state legislature passed SB151 this season and it was signed by the governor. It took effect July 1, 2019. Here is a summary of the changes to Nevada landlord-tenant law: The notice period extends from 5 days to 7 judicial days. We must hire a licensed process server, Constable, or attorney to post…

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Don’t Put a Palace in an Average Neighborhood – rental home values

Avoid over renovating a rental home

One of the most important things to consider when investing in rental homes, is whether to upgrade, and how much. Many sources will mention things like “re-positioning” or “value adds” to maximize the rental value. However, it is important to not go crazy with this! And really, what does “re-positioning” actually mean in real estate?…

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4 Sure Signs of Serious Foundation Problems

When getting your home ready for rent or sale or when appraising its value, you may have to dig deep to catch one major problem: foundation troubles. Although foundation problems can be hidden in their early stages, not paying attention to them can leave you at risk for a home that may eventually have trouble…

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Renting out a home in Las Vegas FAST

rent-out-a-home-in-Las-Vegas-fast

One of the most important things that landlords look for in a good property manager, is how fast they can get a tenant! Extended vacancy time costs money. Minimizing that helps investors maximize ROI for their rental properties. Conversation with an out of state peer prompted me to run some numbers, to see how Strawberry…

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Landlord debt and evictions not on credit reports

Judgments evictions not on credit reports

Due to changes in credit reporting rules, civil judgements like landlord debt and evictions are no longer included on credit reports. I have been checking local court websites for these things since I first started managing rentals (for entirely different reasons). I noticed some years ago that often I found judgments that didn’t show up…

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Nevada SB256 will hurt Nevada tenants and must be stopped

Bad laws hurt Nevada tenants and landlords

Yet another Nevada tenant law change is on the table, which would greatly increase the risk and cost of owning rentals in Nevada. This will hurt the people the bill aims to protect, and will hurt the Nevada economy. SB256 would require: No refusal of rental applicants based on the tenant receiving government benefits (like…

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3 Popular Amenities Tenants Look for When Renting

Attracting and retaining tenants are key to maintaining the competitive edge of your property and boosting your curbside appeal. Renters not only look for adequate housing, they seek out rental properties that come with convenient amenities. Parking The accessibility of parking spaces is an important feature that tenants look for when deciding to rent a…

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