As Las Vegas home prices continue their slide, the rental market has seen an uptick in available rentals and as a result, more stagnation in the market. Nonetheless, properties are still leasing above average. When market conditions change, what should Landlord’s know and do to stay ahead of market changes and curves? Don’t expect last […]
https://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.png00Adrian Frankfurterhttps://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.pngAdrian Frankfurter2022-09-12 11:52:002022-09-12 11:52:00How to adjust to a changing rental market
The Las Vegas rental market continues to be in demand as rental prices remain strong and inventory slim. For landlords, the last few years have seen appreciation unheard of in years prior. As a result, some rental prices being asked are far above other comparable rental properties. If you’ve been tempted to list your home […]
https://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.png00Adrian Frankfurterhttps://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.pngAdrian Frankfurter2022-07-07 14:10:512022-07-07 14:10:51Overpricing your rental in a hot market can happen and lead to lost rent!
According to www.rentcafe.com (https://www.rentcafe.com/average-rent-market-trends/us/nv/las-vegas/), rents are continuing to rise in the Las Vegas valley. The average apartment is approaching $1500 / month, while many neighborhoods throughout Las Vegas are well over $2000 / month. As a result, many landlord’s are making sharp increases in rental rates when their properties come available or simply raise rents […]
https://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.png00Adrian Frankfurterhttps://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.pngAdrian Frankfurter2022-05-19 13:47:122022-05-19 13:48:36Rents still rising in Las Vegas
The Las Vegas real estate market continues to rise to unprecedented levels, setting a new record with a median price of $475,000 during the month of April 2022. Inventory continues to be limited, with many buyers ending up in a bidding war to see who ends up with an accepted offer. Of course, one of […]
It may go without saying, but a number of homeowners and investors do not have any type of insurance for their rental property. Of course, if you carry a mortgage, your lender will require a landlord or fire policy. This way, if a water event, fire or theft occur at the property, they know it […]
It’s no secret that interest rates have risen. In an effort to curb inflation, the Federal reserve decided to raise interest rates for the first time since 2018. As everyone knows all too well, low interest rates coupled with low available housing inventory caused the real estate market to explode and rise at record speed. […]
It’s no secret that homes are renting for record breaking rates. Over the last 10 years, many properties have appreciated 50-75%, forcing many renters to downsize or combine households to make their rent payments. More recently, inflation is getting the blame for much of the price hikes that are consumers are facing. How does all […]
https://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.png00Adrian Frankfurterhttps://www.nicklinpm.com/wp-content/uploads/2020/11/nicklin-property-management-300x66.pngAdrian Frankfurter2022-02-23 12:07:512022-02-23 12:13:40Rental Properties and Inflation. What should you know?
How to adjust to a changing rental market
As Las Vegas home prices continue their slide, the rental market has seen an uptick in available rentals and as a result, more stagnation in the market. Nonetheless, properties are still leasing above average. When market conditions change, what should Landlord’s know and do to stay ahead of market changes and curves? Don’t expect last […]
Overpricing your rental in a hot market can happen and lead to lost rent!
The Las Vegas rental market continues to be in demand as rental prices remain strong and inventory slim. For landlords, the last few years have seen appreciation unheard of in years prior. As a result, some rental prices being asked are far above other comparable rental properties. If you’ve been tempted to list your home […]
Rents still rising in Las Vegas
According to www.rentcafe.com (https://www.rentcafe.com/average-rent-market-trends/us/nv/las-vegas/), rents are continuing to rise in the Las Vegas valley. The average apartment is approaching $1500 / month, while many neighborhoods throughout Las Vegas are well over $2000 / month. As a result, many landlord’s are making sharp increases in rental rates when their properties come available or simply raise rents […]
Las Vegas Real Estate Market Continues To Rise – May 2022 Update
The Las Vegas real estate market continues to rise to unprecedented levels, setting a new record with a median price of $475,000 during the month of April 2022. Inventory continues to be limited, with many buyers ending up in a bidding war to see who ends up with an accepted offer. Of course, one of […]
Why obtain landlord insurance when owning rental property
It may go without saying, but a number of homeowners and investors do not have any type of insurance for their rental property. Of course, if you carry a mortgage, your lender will require a landlord or fire policy. This way, if a water event, fire or theft occur at the property, they know it […]
Will rising interest rates affect the rental market?
It’s no secret that interest rates have risen. In an effort to curb inflation, the Federal reserve decided to raise interest rates for the first time since 2018. As everyone knows all too well, low interest rates coupled with low available housing inventory caused the real estate market to explode and rise at record speed. […]
Rental Properties and Inflation. What should you know?
It’s no secret that homes are renting for record breaking rates. Over the last 10 years, many properties have appreciated 50-75%, forcing many renters to downsize or combine households to make their rent payments. More recently, inflation is getting the blame for much of the price hikes that are consumers are facing. How does all […]