Most homeowner insurance policies will not cover your property when it’s rented. You need a “landlord policy” to cover your rental property. Our brokerage (Strawberry Property Management LLC) must be named “Additional Insured” on that policy with $500k minimum liability coverage. Note: “Additional Interest” is not the same as “Additional Insured” and will not work. … Read more
No. You are hiring a property management company to take care of the rental business for you. We perform property checks so you don’t need to. When we manage your property, our team takes care of the day to day issues, walk-throughs, repairs, etc. There is no reason for you as the investor to have … Read more
No. We are a full service property management company for Las Vegas rental homes, not a maintenance coordination service. As a licensed property management team, we have an effective system in place and we are happy to help. However, we do not make exceptions to the rules, and this is one of those rules. Making … Read more
There is a $150 admin fee for Lease Renewals, which includes a property visit. This property visit is performed before offering the tenant the option to renew, and if we find excessive damages we may opt not to renew their lease. There may be costs related to performing evictions, attending HOA hearings, managing insurance claims, … Read more
No. Since we pay owners at the end of each month, we will simply deduct the cost of smaller repairs from the rent. 50% up-front deposit may be required on larger jobs.
We pay electronically through direct bank deposit at the end of the month. This eliminates the need for us to hold a “reserve” on your funds, and provides you the convenience of receiving your monies at the beginning of each month. Foreigners with EIN / ITIN – You must have a US bank account to … Read more
Yes. We are confident in our services. You are welcome to leave at any time with an early termination fee. Please see our sample property management agreement.
Generally, no. We do not charge setup fees for a normal property management start-up. If your property requires an unusual amount of work to get started, we may charge an appropriate administrative fee, which would be outlined up front. The vast majority of clients will not need to pay any setup fees! The full service … Read more
Yes! Please download a sample copy here. Please note: The fee amounts shown are typical of an average single-family rental property. Multifamily or higher end properties may have different numbers. Please contact us to discuss Pricing to manage your property.