Residential Property Manager
Ace Property Management provides expert residential property management services to clients in the Las Vegas area, which includes Clark County, Henderson, Summerlin and Green Valley, NV. Due to our years of experience, we have become a trusted name for many in the state. We have been helping landlords manage their properties since 1984 and love what we do. If you are interested in our management services, please call us today. Our number is (702) 451-8750. We look forward to speaking with you and helping you manage your property.
Reliable Property Management Services
Ace offers a wide array of trusted services for those managing properties. We understand the ins and outs of the industry and can help property managers in many situations. Included in our services are:
- Property Inspections
- Rent Collection
- Lease Renewal
- Advertising for your Property
There are other services we provide, such as tenant screenings, monthly financial reports and property advertising. We can handle your property on the needs specific to your situation. Not all of these services may directly apply to you and your situation. However, we will consult with you to come up with a plan that works best for your property's needs.
Residential Property Business Models
Different types of situations call for different business models to be used and different companies employ different models. This is why it is important to understand the variances that come with each model. And that is where we come in. We can help you decipher what you need and want in your property management company. Below are a few different models that are used in the industry:
- Percentage of Rent
- Fixed Fee
- Guaranteed Rent
- Revenue Share
Percentage of Rent
This model is the most common model used by property management companies. It is used by residential property managers who manage multi-home units and single family homes. With this model comes an agreement between the property owner and the property management company. This agreement gives the company the right to rent out the space to new tenants and collect rent. In many cases the owners do not even know who the tenants are renting out the location. Typically, the company managing the property will keep 10-15% of the rent, with the rest going to the property owner.
This model is used primarily for small units that are located in high demand locations. The agreement between the company and the owner is a fixed rate that the company pays. With this agreement, the company can sublet the property for a higher rent. The income of the for the company is simply the difference between the two rents. In the end, the company minimizes the rent paid to the owner, which is typically lower than the market rates.
The fixed fee model is one that is used by companies who monitor empty land sites or empty homes. The company is hired to monitor whatever properties in question and make sure they are safe and secure. However, no income is to be made from these vacant properties. But there is a fixed monthly fee that is typically agreed upon to monitor these properties and periodic reports back to the owner about the current state of the property is expected.
This is a model that is typically applied to commercial establishments, such as retail or business centers. In these cases, the property manager and the owner sign an agreement to use the property as a revenue generating business. In lieu of paying rent, the management company simply takes a share of the revenue. These can be structured on a case-to-case business.
Residential Property Management Consultations
Ace Property Management is proud to offer their property management services to a clients in the greater Las Vegas area. Our service area extends to clients in Summerlin, Clark County, Green Valley and Henderson and beyond. If you have any questions about our management services and how they may help you and your property, please contact us today. The number to call is 702-451-8750. We will manage your property to suit your specific needs and demands. We will gladly assist you with any worries or concerns you may have about the property you are managing and lead you down the path that best suits your needs.
Residential Property Managers
Las Vegas • Henderson • Green Valley • Summerlin • Clark County
CALL ACE PROPERTY MANAGEMENT IN LAS VEGAS NV
1-877-718-5881 or 702-683-8751