Lease Your Property
You've decided that you want to lease your property. It should be easy to do, right? All you do is find the right tenants, have them sign the lease, and collect the rent every month. As much as we wish this was the case, there is more to leasing your property.
Let's go over a few of the elements involved to getting your property leased. The first thing you need is local market knowledge so you know how much rent to charge. Charge too much and your property will sit vacant, and if you charge to little it will cost more money than it brings in. Using make ready services you can ensure you property looks great and ready for the next tenant. Although just before you get your tenant you need to run background checks and credit checks on your applicants to ensure that your new tenant isn't a risk. Once you're both ready to sign the lease you have to ensure that your lease meets all the requirement of your state and local county. What about when something breaks down? Is your handy man licensed and insured? Are they available for any emergency at any hour of the day? Sometimes no matter how well you plan there are always variables you can't control and your great tenants may fall behind on their rent and they may need to evicted from your property. Do you know the eviction process in you county and city?
There are many issues that can come up in leasing your property, and you have to think if you have the knowledge and experience to handle any issues that comes your way. Sometimes it best to let professional with the right experience handle the stress and challenges you're facing. Call us at (702) 868-0900 to discuss the challenges you're facing and what we can do to help.