Investing in technology is a requirement for Las Vegas property management companies today. With all of the online platforms and accounting software available, property managers who are willing to work in innovative ways can automate more of their systems and manage homes more effectively and efficiently. It’s also become even more critical since the COVID pandemic started.
Luckily, we’ve been using the best available technology since we started managing homes 10 years ago, so there hasn’t been much of a change in the way we do business over this last year. We have been using 360° virtual tours to market properties since 2019. And used video tours forever before that – never just relied on ordinary pictures alone. We believe in the power of technology, and we use it to market, lease, manage, and maintain your Las Vegas investment properties.
Let’s take a look at how it helps us provide a better, more efficient platform for serving you and your investment needs.
Accurate Las Vegas Rental Property Pricing
The rental value attached to your property has a huge impact on how long it’s vacant and what types of tenants you attract. You can visit online sites such as Zillow and Craigslist to find a general idea of what similar homes are renting for, but you’ll establish a more accurate rental value when you have reliable data. We can provide that with our technology and our tools for competitively and profitably pricing your rental property.
The technology we use to accurately price your property saves us time on price adjustments and it saves you money by avoiding vacancy loss.
Transparency with Accounting and Systems
Technology also serves transparency and accountability. This is especially clear with our accounting and bookkeeping practices. We’re able to provide accounting statements and reports that include up-to-the-minute data. Investors can log onto owner portals from anywhere in the world and get clear, detailed, accurate information on how any investment property is performing. It’s easy to see the rent that was collected and the bills that were paid.
We are completely transparent, and that’s because we use technology to share information with our owners. You can see when rent was collected and when you were paid. You can review maintenance invoices and view lease documents. With everything transparent and available, we’re held accountable for every dollar we spend and action we take.
Better Communication with Tenants and Owners
Technology makes our communication a lot more streamlined as well. You can contact us by phone, email or through the online portal.
Our investment in technology allows for different methods of communication, and we welcome owners and investors who have their own preferred ways of communicating. We’re comfortable with online chats and video calls. Many of our tenants prefer emails to phone calls or in-person meetings. We use our online system to track and document all correspondence, keeping us organized and compliant with all state, local, and federal laws.
Documented Screening and Application Processes
The process of screening applicants in Las Vegas is far more complex than it once was. We have to be rigorous and comprehensive without violating any fair housing laws or allowing inconsistencies. With an automated, consistent online application process, there’s no danger that one application will be treated differently than another.
Our tech-driven screening process is well-documented and requires us to treat every application equally. It would be very difficult to discriminate for any reason, and that keeps you and your properties fair housing complaints.
Routine Inspections and Maintenance
With the ability to submit maintenance requests online, tenants are more likely to make their repair requests as soon as they see an issue. This protects the condition of your home and helps us avoid larger and more expensive repairs down the road. We’re able to document and track the full work order process, and it provides you with a clear record of work that was done on your property.
Property photos, videos, and move out videos are kept, giving you an opportunity to see how your property looks before and after a lease period. It provides you with peace of mind and shows you how we’re doing while we expertly manage your Las Vegas investment property.
We love to talk about technology and how it helps us manage homes like yours. For more information about what this means for you and your investment property, please contact us atStrawberry Property Management Las Vegas.