IMS Realty, LLC & Property Management

Benefits of Buying a Home in Las Vegas   If you’re a first-time home buyer or buying your first home in Las Vegas, it can be hard to decide where you want to purchase your property. The average home price in Vegas is $185,000 but this number fluctuates as home value in the area is going up and down with each passing year. The current average home value is the same as it was back in 2004 before the recession. Chances are, if you’re looking at Vegas to settle down, you’re probably attracted to the city for one reason or another. When it comes down to making a purchase, though, one reason to live in Vegas might not be enough to sway you to take such a big chance on a city that never sleeps. This being said, Vegas is a great place to buy a home for a number of reasons. If you aren’t totally set on Las Vegas already, you might be after you read the following list of reasons that buying in Las Vegas is beneficial.   Warm weather One of the biggest benefits of settling down i...

8 Things to Look for in A New Home If you’re thinking of b uying or renting a new house , you’re probably aware that you need a home that doesn’t have a leaking roof or faulty wiring. This is good. However, after you check those requirements off of your list there are a few other things you should pay attention to before you say I do to your new home. Room size If you have yet to buy furniture, room size won’t matter as much to you as it might to people who already have large sectionals and big furniture to squeeze into the house. If you do have furniture already, though, you’ll want to be sure that it can fit into its intended room before you go ahead and sign on the dotted line. Lay out The layout of a home is more important than most people realize. For people who like to entertain and have guests over, an open floor plan is probably better as it allows the host or hostess to socialize with their guests while doing other things. If entertaining isn’t your forte, however, a mo...

  Las Vegas Property Management Concerns   When you decide to rent as opposed to buying a property you may wonder what your rights are. This seems a little contrived but believe it or not there is a whole industry that caters to the legalities of rental properties and all the implications. The fact is that a rental tenant has the same rights as a homeowner under local laws. The law, when it comes to excessive noise for example, is the same wherever you go. Disturbing the peace is not appropriate in any neighborhood or setting. Always remember also, that sometimes it’s not necessary to solve the problems yourself when it comes to certain circumstances. your landlord may be required to help you. There is a stipulation called “quiet enjoyment” that is in most lease agreements. This stip may entitle you to getting specific assistance by your landlord. A lot of the time this is a clause that is included in the lease and entitles you to quiet enjoyment of the property t...

Is Property Management for You? Are you considering a career in property management ? At IMS Realty Real Property Management, we’re excited to work with you in any capacity. Here are some of our personal favorite reasons as to why property management is a fruitful and satisfying career, as well as the traits we believe every property manager should have. Key Traits 1. Organization. A property manager will be juggling paperwork and dealing with multiple homes at once. Depending on your exact position, you may be delegating work to others. 2. Persistence. Sometimes the market experiences a bust. Sometimes you have to evict a difficult resident. It’s not always easy, so you need to have a positive attitude whenever you can. 3. Math. You don’t need to be a mathematical genius, but whenever finance is involved, it’s important for you to keep track of all the important numbers. 4. Communication. You’ll be working closely with other people, so good communication skills are a must! Not...

Real Estate Investment for Beginners   Real estate, investment, and business in general can seem overwhelming to the uninitiated, as these practices aren’t typically taught in school the same way science or history is. Luckily, IMS Realty Property Management is here to help. Here are some of our tips for beginning real estate investors .   Find your own rhythm. What works for everybody else might not always work for you. The market varies widely, and if you find yourself in a certain niche, don’t try and compare your progress (or lack thereof) to anyone else. Focus on yourself and your work, and don’t stress yourself out about trying to know and become a master of everything. This will result in burnout, not progress.   Ask for help! If you’re a beginner, there’s no need to feel embarrassed. Every investing giant was a beginner once. Don’t get caught up in some made-up competition; just ask for help and associate yourself with people who are willing to teach y...

An Intеrеѕting Invеѕtmеnt – Lаѕ Vegas Rеаl Estate   Las Vеgаѕ, Nevada is оnе оf thе worlds most fаmоuѕ сitiеѕ. It is knоwn for its саѕinоѕ, itѕ hоtеlѕ, its glamour аnd represents tо ѕоmе an extend the Amеriсаn Drеаm, thаt еvеrуthing iѕ роѕѕiblе. Lаѕ Vеgаѕ is the ѕеаt оf Clark Cоuntу. It iѕ a vеrу уоung сitу whiсh wаѕ fоunded in 1905 in the Mоjаvе Dеѕеrt. Sinсе thе city hаѕ bесоmе recently a very attractive place to live, уоu ѕhоuld contact a Vеgаѕ rеаl estate аgеnt in case you аrе planning tо move tо thе city. During the lаѕt уеаrѕ, Las Vеgаѕ hаѕ bесоmе a vеrу family friendly place to reside. In thе mеtrороlitаn аrеа there are аrоund 2 milliоn people while in the city of Las Vеgаѕ thеrе are аbоut 600,000 реорlе. Cоmраrеd tо 1990, thе number of сitizеn has mоrе thаn dоublеd. Thе еntirе mеtrороlitаn аrеа has fоr years been one of the most fаѕtеѕt grоwing areas in the whоlе соuntrу, ѕо рriсеѕ fоr Lаѕ Vеgаѕ real еѕtаtе have inсrеаѕеd quite a bit. The mеdiаn аgе is muсh below thе...

Coordinate Meeting Times With Your Tenants–PROPERTY MANAGEMENT What do you do, or what can you, when you need to access one of  your rental properties but are unable to coordinate meeting times with your Tenants? There are times when you’re going to have get into your property to do repairs, inspections or any number of things for upkeep and your tenants are nowhere to be found, what can you do?   Or what about when you have to show the property to prospective tenants, or buyers and you just can’t get a hold of your current tenants?   Our suggestion is that you do it the correct way, the legal way, and post a “24 Hour Notice of Entry”. This document is a legal manuscript that tells the tenant/renter that in approximately 24 hours, you will be coming into the property to; List the reasons for entry. Now you have to be very careful with the use of the 24 hour notice. What I mean by this is to not use it once a week or too often to gain entrance to your property. Y...