Trending...
- Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- Scoop Social Co. Partners with Fairmont Hotels & Resorts to Elevate Summer Guest Experiences with Italian Inspired Gelato & Beverage Carts
Is it a requirement to hire a licensed property manager in Nevada, and in specific the greater Las Vegas valley, which also includes the cities of North Las Vegas and Henderson?
LAS VEGAS & HENDERSON, Nev. - ncarol.com -- Does The Owner Live Near The Property?
The quick answer to that question is "no", it's not absolutely necessary. The much longer answer is, an owner/landlord needs to have a live representative within 60 miles of the rental property. Assuming that the owner doesn't live within 60 miles of the property, or if they do, they choose not to manage the property themselves, then there are a couple of ways they can handle this problem.
https://youtu.be/fQK-MFNIx-o
Become An Employer
The first way is for the landlord to directly hire someone to manage the property. Basically, this person becomes an "employee" and the owner is subject to all the laws and regulations governing and surrounding an employer / employee relationship. That would include employee oversight, payroll, workers comp insurance, income tax deductions etc.
Avoid The Liability
The second choice, which is the preferred choice of most owners, is to use a licensed property management firm to handle the property. Here the landlord is engaging a firm that is set-up to not only effectively manage the property but to handle any oversight, training, payroll, taxes, insurance etc that is required. Following this method relieves the owner of an immense amount of liability and stress surrounding the rental.
More on ncarol.com
Getting A 2nd Job
The majority of owners that do live near the property still choose to have a property management firm handle their investment for them. Most owners do not buy one or more investment properties with the idea of also getting a 2nd job of managing them. Just traveling to handle inspections, showings, maintenance issues, and evictions is more than most people can effectively work in to their hectic schedules. Not to mention late night emergencies for things like plumbing leaks or suspected criminal activity. Normally these types of emergencies need immediate attention.
Become An Expert In Landlord/Tenant Law
Another problem that do-it-yourself owners or their employee face, is being knowledgeable of everything that surrounds Nevada landlord-tenant law. The landlord needs to know what he can or can't do or say, and when he must act and how. He needs to become an expert in tenant rights and to fully understand what constitutes a habitable or uninhabitable dwelling. If the owner is not up-to-date on the current laws they could find themselves on the losing side of a lawsuit. So, an owner, or the owners employee, needs to spend a large chunk of time continually educating themselves on what the law requires and then be prepared to handle any challenges at a moments notice.
More on ncarol.com
What Do You Expect?
When a landlord hires an employee or a property manager, there should be one or more conversations regarding what is expected of all parties… what are the short term and long term goals? What are the best methods of communication, and how much support is required by all parties? Many times, the people involved in the management process assume that the other party understands what is expected or how things will work. Every state has different laws and processes and what works in one place doesn't necessarily work in another.
Finding The Best Solution
If you're an owner that has better things to do than to become an expert in real estate law and property management, and you don't want to take on the burden of being an "employer", then the easiest way to handle your rental needs is to engage an experienced, 24/7 property management firm like the Atlas Group LC. Problem solving and helping owners thrive is what they do. There's no obligation, just give them a call. (702) 916-2222 or atlas@property-mgmt.com
The quick answer to that question is "no", it's not absolutely necessary. The much longer answer is, an owner/landlord needs to have a live representative within 60 miles of the rental property. Assuming that the owner doesn't live within 60 miles of the property, or if they do, they choose not to manage the property themselves, then there are a couple of ways they can handle this problem.
https://youtu.be/fQK-MFNIx-o
Become An Employer
The first way is for the landlord to directly hire someone to manage the property. Basically, this person becomes an "employee" and the owner is subject to all the laws and regulations governing and surrounding an employer / employee relationship. That would include employee oversight, payroll, workers comp insurance, income tax deductions etc.
Avoid The Liability
The second choice, which is the preferred choice of most owners, is to use a licensed property management firm to handle the property. Here the landlord is engaging a firm that is set-up to not only effectively manage the property but to handle any oversight, training, payroll, taxes, insurance etc that is required. Following this method relieves the owner of an immense amount of liability and stress surrounding the rental.
More on ncarol.com
- Georgia's Lanier Islands Resort Tees Up for a New Era of Golf in Spring 2026
- Eagle Americas Expands Into the Western U.S. With High West Machine Tool
- Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community
- Outsports announces record-breaking number of LGBTQ+ athletes at 2026 Milan Winter Olympics
- Sheffield Clinic Highlights Safe, Inclusive Laser Hair Removal While Improving Access
Getting A 2nd Job
The majority of owners that do live near the property still choose to have a property management firm handle their investment for them. Most owners do not buy one or more investment properties with the idea of also getting a 2nd job of managing them. Just traveling to handle inspections, showings, maintenance issues, and evictions is more than most people can effectively work in to their hectic schedules. Not to mention late night emergencies for things like plumbing leaks or suspected criminal activity. Normally these types of emergencies need immediate attention.
Become An Expert In Landlord/Tenant Law
Another problem that do-it-yourself owners or their employee face, is being knowledgeable of everything that surrounds Nevada landlord-tenant law. The landlord needs to know what he can or can't do or say, and when he must act and how. He needs to become an expert in tenant rights and to fully understand what constitutes a habitable or uninhabitable dwelling. If the owner is not up-to-date on the current laws they could find themselves on the losing side of a lawsuit. So, an owner, or the owners employee, needs to spend a large chunk of time continually educating themselves on what the law requires and then be prepared to handle any challenges at a moments notice.
More on ncarol.com
- Appliance EMT Partners with Kids Motel Ministry in Metro Atlanta
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- Tech Workers Are Escaping "Forever Layoffs" By Becoming Their Own Boss
- Heritage at South Brunswick Celebrates First Home Closing and Strong Sales Momentum
- WinkBeds High-Performance Hybrid Mattresses Debut at Sleep Basil Denver With In-Store Comfort Testing
What Do You Expect?
When a landlord hires an employee or a property manager, there should be one or more conversations regarding what is expected of all parties… what are the short term and long term goals? What are the best methods of communication, and how much support is required by all parties? Many times, the people involved in the management process assume that the other party understands what is expected or how things will work. Every state has different laws and processes and what works in one place doesn't necessarily work in another.
Finding The Best Solution
If you're an owner that has better things to do than to become an expert in real estate law and property management, and you don't want to take on the burden of being an "employer", then the easiest way to handle your rental needs is to engage an experienced, 24/7 property management firm like the Atlas Group LC. Problem solving and helping owners thrive is what they do. There's no obligation, just give them a call. (702) 916-2222 or atlas@property-mgmt.com
Source: Atlas Group LC
0 Comments
Latest on ncarol.com
- Metavalis Launches Massive Community Coat Drive in Branson to Support Local Residents
- Ashley Wineland To Release Fiery Full-length Album "Wineland"
- Robert D. Botticelli Promoted to Century Fasteners Corp. – Director of Sales
- Openchannelflow Wins Web Excellence Award for Outstanding Digital Experience
- STS Capital Partners' Andy Harris Co-Authors 'The Extraordinary Exit,' A Practical Guide for Business Owners Considering a Sale
- AOAC & Minor Use Foundation Collaborate to Strengthen Global Pesticide Analysis & Capacity Building
- One-Click Pro Audio for Streamers: "VoiceSterize" Automates Noise Reduction & Mastering on Mac
- Sole Publishing Announces Essential Parenting Book for Families Navigating the Teen Years
- From Factory Floor to Community Heart: The Rebel Spirit of Wisconsin's Wet Wipe Innovators
- UK Financial Ltd Lists MayaFund (MFUND) ERC-20 Token on CATEX Exchange Ahead of Planned ERC-3643 Upgrade
- Denver Apartment Finders Launches Revamped Denver Tech Center Apartment Location Page
- Roblox and Solsten Alliances; a Stronger Balance Sheet and Accelerated Growth Through AI, Gaming, and Strategic Partnerships for Super League: $SLE
- Boston Industrial Solutions' Natron® 512N Series UV LED Ink Earns CPSIA Certification
- Power Business Solutions Announces Joint Venture with EIG Global Trust to Deliver Data Center Financial Solutions
- Scoop Social Co. Partners with Fairmont Hotels & Resorts to Elevate Summer Guest Experiences with Italian Inspired Gelato & Beverage Carts
- Buildout Launches Native Email Marketing Feature, Expanding Its End-to-End CRE Platform
- North Carolina Constitutional Economist, Laurie Thomas Vass, Improves Global Ranking on Social Science Research Network (SSRN)
- New Saxophone Prize Honors Astronaut Ronald E. McNair, First To Play Sax In Space
- Building a $145M AI-Powered Marine Platform as Listings Surge, Global Expansion Begins, OTH Shares Trade at a Discount: Off The Hook YS (N Y S E: OTH)
- American Disabilities Act Must Protect Against Forced Psychiatric Commitment and Treatment