10 Essential Things to Do Before Renting Out Your House in Las Vegas

Things to Do Before Renting Out Your House - The Brokerage

Renting out your home can be a great way to generate income, especially in a high-demand market like Las Vegas. But turning your home into a rental property takes more than just posting a listing online. There are legal, financial, and operational steps you need to take to ensure your property is ready and your tenants are well-qualified.
Here are the top things to do before renting out your house in Las Vegas to help you avoid costly mistakes and set your rental up for long-term success.

1. Learn the Legal Requirements for Landlords in Nevada

Start by understanding your obligations as a landlord under Nevada law, particularly the Nevada Revised Statutes Chapter 118A, which outlines landlord-tenant regulations. You’ll need to comply with rules around security deposits, lease agreements, required notices, and more. Staying compliant from the start helps you avoid future legal complications.

External resource: Nevada Landlord-Tenant Law

2. Switch to Landlord Insurance

Your current homeowner’s policy won’t protect you once your house becomes a rental. You’ll need a landlord insurance policy, which provides coverage for property damage, liability, and loss of rental income. Some policies also offer legal defense coverage in the event of disputes with tenants. Make this switch before a tenant signs the lease to ensure your investment is fully protected.

3. Set the Right Rental Price for Your Market

In Las Vegas, pricing your rental properly is essential. Research comparable rentals in your neighborhood, paying attention to factors like square footage, number of bedrooms, amenities, and location. Homes in areas like Summerlin or Henderson may command higher rents due to schools, shopping, and lifestyle perks. If you’re unsure how to price your home competitively, a local property management company like The Brokerage can provide a rental market analysis.

4. Make Your Property Rent-Ready

A clean, well-maintained home attracts better tenants and often commands higher rent. Deep clean the property from top to bottom, repair any broken fixtures, repaint walls in neutral tones, and ensure safety items like smoke detectors and locks are in working order. Also, don’t forget to rekey the locks for security between tenants.

Getting your home professionally inspected or walkthrough-ready helps set a positive tone for future tenant relations.

5. Create a Strong, Detailed Rental Listing

Your listing should clearly describe the property while highlighting key features. Include square footage, the number of bedrooms and bathrooms, any included appliances, parking availability, and whether pets are allowed. Invest in high-quality photography to make your listing stand out across platforms like Zillow, Realtor.com, and Apartments.com.

The stronger your listing, the more inquiries you’ll receive, and the faster you’ll secure a qualified tenant.

6. Screen Tenants Carefully

Tenant screening is one of the most critical things to do before renting out your house. Poor screening leads to late payments, evictions, and potential property damage. A thorough screening process should include a credit report, income verification, rental history, background check, and references. If you allow pets, use a third-party pet screening service to assess potential risks.

At The Brokerage, we use a detailed process that helps property owners avoid high-risk tenants while staying compliant with fair housing laws.

7. Use a Legally Compliant Lease Agreement

A handshake isn’t enough. A lease protects you and your property by outlining the rules of the rental. Your lease should cover rent amounts and due dates, security deposits, late fees, maintenance expectations, entry notices, lease renewal terms, and more. All lease agreements must comply with Nevada landlord-tenant laws.

Using a standard lease from an online template may not include the specific terms required in Las Vegas. Work with a property manager or local attorney to draft a lease tailored to your situation.

8. Plan for Maintenance and Emergencies

Rental properties need regular maintenance and occasional repairs. Develop a plan for handling issues like HVAC breakdowns, plumbing leaks, or appliance replacements. You’ll also need a process for responding to after-hours emergencies. Many Las Vegas landlords choose to work with vendors in advance or hire a property management company to coordinate maintenance on their behalf.

9. Decide on a Rent Collection System

Collecting rent consistently is essential to maintaining your cash flow. You should decide early how tenants will pay rent—online portal, ACH transfer, or another system—and document it in the lease. Online rent collection is usually the most efficient, offering tracking, reminders, and easy payment for tenants. Avoid collecting rent in cash or via personal arrangements, which can lead to disputes and unclear records.

10. Consider Whether You’ll Self-Manage or Hire a Property Manager

Finally, decide how involved you want to be. If you live out of state or prefer a hands-off approach, hiring a Las Vegas property management company can relieve the burden of tenant communication, rent collection, repairs, and compliance. A professional manager ensures you’re protected legally, keeps your property in good condition, and maximizes your rental income.

At The Brokerage, we help homeowners across Las Vegas, Summerlin, and Henderson manage rentals with ease and transparency.

Final Thoughts: Set Your Rental Up for Success

There are many important things to do before renting out your house, and overlooking just one can result in costly mistakes. Whether you’re preparing your first rental or managing multiple properties, planning ahead is key.

To get personalized help renting out your Las Vegas property, call (702) 476-6000 or contact us here. We’re here to help you turn your home into a profitable investment.

How to Collect Rent from Tenants: A Guide for Landlords

Collecting rent on time is one of the most important aspects of managing a successful rental property. Yet many landlords struggle to streamline the process, especially when juggling multiple tenants or properties. In this blog, we’ll break down how to collect rent from tenants—efficiently, consistently, and professionally.

Whether you manage your own units or work with a property management company in Las Vegas, adopting the right rent collection methods can improve cash flow and reduce stress.

How to Collect Rent from Tenants - The Brokerage

Why Rent Collection Methods Matter

Your rent collection system directly impacts your bottom line. A poor setup leads to late payments, strained tenant relationships, and avoidable legal issues. Choosing the best way to collect rent can help you:

Top Ways to Collect Rent from Tenants

1. Online Rent Payment Portals

For landlords who want speed, convenience, and a clear payment trail, online portals are the gold standard. At The Brokerage, we use AppFolio to provide secure, 24/7 payment access to tenants.

Benefits include:

Learn more about The Brokerage’s rent collection services.

2. ACH Transfers or Bank Payments

Automated Clearing House (ACH) payments are direct transfers from a tenant’s bank account to yours. They are secure and typically incur lower fees than credit card payments. However, they may lack the structure and automation of a full rent collection platform unless integrated into property management software.

3. Mobile Payment Apps (Use with Caution)

Apps like Venmo, PayPal, or Zelle are common among tenants but may not offer the protections or documentation landlords need. Some services prohibit business use, and disputes can be difficult to resolve.

If you choose this route:

4. Mailed Checks or Money Orders

Though traditional, physical checks introduce delays, risks of loss, and additional follow-up time. If tenants must use this method, ensure they mail payments early and use certified mail for tracking.

5. In-Person Drop-Offs (Rarely Recommended)

Accepting rent in person creates logistical issues and potential legal risks. It’s less secure, harder to document, and requires coordination between landlord and tenant. This method is typically used by very small landlords with one or two units.

Tips for Ensuring Timely Rent Collection

Knowing how to collect rent from tenants is only part of the equation. Consistency and communication are equally important.

To improve on-time payments:

What If Tenants Don’t Pay?

Even with the best systems in place, missed payments happen. Here’s what to do:

For legal specifics, refer to NRS Chapter 118A – Residential Landlord and Tenant Act.

Partnering with a Property Management Company

If managing rent collection, maintenance, and tenant communication feels overwhelming, hiring a rental property management company in Las Vegas can simplify everything.

At The Brokerage, we handle:

We use streamlined systems to help you get paid on time, every time.

Make Rent Collection a Strength, Not a Stressor

Understanding how to collect rent from tenants is essential for successful property management. Having a consistent system, from online portals to professional support, is key to financial stability.

Contact The Brokerage at (702) 476-6000 to learn how we can improve your rent collection process and simplify property management in Las Vegas.

How to Rent My House: A Step-by-Step Guide for Las Vegas Homeowners

Renting out your home can be a smart way to generate passive income, build equity, and make the most of a real estate investment. But many homeowners ask the same question: how do I rent my house without the stress and risk?

Whether you’re relocating, downsizing, or simply ready to become a landlord, this guide explains how to rent your house in Las Vegas the right way—with confidence, compliance, and clarity.

How to Rent My House - The Brokerage

Step 1: Understand Your Responsibilities as a Landlord

Before renting your property, understand what being a landlord involves. You’re not just collecting rent—you’re managing a business.

Key responsibilities include:

If this feels overwhelming, a Las Vegas property management company like The Brokerage can handle it all on your behalf.

Step 2: Prepare Your Property

Tenants are looking for a clean, functional, and safe living space. Before listing your home, make sure:

Well-maintained homes attract better tenants and justify higher rental rates.

Step 3: Determine a Competitive Rental Price

Setting the right rent is crucial. Too high, and your property may sit vacant. Too low, and you lose income.

Research similar rental listings in your area. A local property manager can conduct a comparative market analysis to help you determine an optimal rate that balances profitability with tenant interest.

Step 4: Market Your Property

To rent your house quickly, you need effective marketing. This includes:

The Brokerage handles marketing as part of our property management services, ensuring your listing stands out.

Step 5: Screen Tenants Thoroughly

Finding the right tenant is critical. A proper screening process should include:

Never skip tenant screening—bad tenants can cost you time, money, and peace of mind.

Step 6: Draft a Solid Lease Agreement

A clear, legally-sound lease protects you and your tenant. It should outline:

Consult with a property manager or real estate attorney to ensure your lease complies with Nevada laws.

Step 7: Handle Move-In and Ongoing Management

Once a tenant is approved, collect the deposit and first month’s rent, conduct a move-in inspection, and hand over the keys. From there, your job includes:

Sound like a lot? The Brokerage’s full-service property management in Las Vegas can handle every detail.

Renting Your House in Las Vegas is Easier With The Brokerage

You don’t have to do it all alone. The Brokerage provides expert Las Vegas property management services to help homeowners rent their homes with ease. From pricing and marketing to tenant screening and maintenance, we simplify the process and protect your investment.

Ready to rent your house in Las Vegas? Contact The Brokerage today to schedule a consultation and see how we can help you maximize your rental income without the stress.

Why Hiring a Property Management Company in Las Vegas is a Smart Investment

Property Management Company in Las Vegas - The Brokerage

Owning rental property in Las Vegas, Summerlin, or Henderson can be a lucrative investment, but managing it effectively requires time, expertise, and attention to detail. A property management company in Las Vegas can help maximize your rental income, minimize tenant issues, and ensure smooth operations—allowing you to enjoy passive income without the day-to-day headaches.

What Does a Property Management Company in Las Vegas Do?

A professional property management company takes on the full responsibility of managing your rental property, including:

By hiring a Las Vegas property management company, you gain peace of mind knowing your investment is in expert hands.

Top Benefits of Hiring a Property Management Company 

1. Reduce Vacancy & Maximize Rental Income

A vacant property means lost revenue. Professional property managers use data-driven pricing strategies and targeted marketing to fill vacancies quickly and keep your rental priced competitively for the Las Vegas market.

2. Find Reliable, Long-Term Tenants

Tenant issues are one of the biggest risks in rental property ownership. A thorough tenant screening process ensures only high-quality renters are placed in your property, reducing turnover and minimizing costly evictions.

3. Stay Compliant with Nevada Rental Laws

Landlord-tenant laws in Nevada are constantly evolving. A property management company in Las Vegas ensures your lease agreements, security deposit handling, and eviction procedures comply with state and federal regulations, protecting you from legal risks.

4. Hassle-Free Rent Collection & Financial Management

A professional property management company streamlines rent collection, enforces late fees, and provides detailed monthly financial reports, so you always know how your investment is performing.

Las Vegas: A Prime Market for Rental Property Owners

Las Vegas continues to be a top destination for real estate investors due to:

Hiring a property management company in Las Vegas allows you to take full advantage of these market conditions while avoiding the operational challenges of being a landlord.

Partner with The Brokerage for Expert Property Management

At The Brokerage, we provide full-service property management in Las Vegas, Summerlin, and Henderson, helping landlords maximize returns and simplify their rental business.

Call us at (702) 476-6000 or contact us here to schedule a free consultation!

Breaking Down Property Management Costs: What Landlords Should Expect

Understanding Property Management Costs

Property Management Costs - The Brokerage

Hiring a property management company can save landlords time, reduce stress, and maximize rental income. However, understanding property management costs is essential to ensure you’re making a financially sound decision.

In this blog, we break down the standard fees, additional charges, and potential hidden costs associated with property management services in Las Vegas, Summerlin, and Henderson.

How Much Do Property Management Services Cost?

1. Monthly Management Fees

The primary property management cost is the monthly management fee, which typically ranges between 8% to 12% of the monthly rent. This fee covers essential services such as:

Some Las Vegas property management companies offer a flat-rate fee, while others charge a percentage of the rent. Be sure to compare pricing models to see which works best for your rental property.

2. Leasing Fees

A leasing fee is charged when a property management company markets your property, screens tenants, and prepares lease agreements. This one-time fee is usually 50-100% of the first month’s rent and covers:

Leasing fees can vary, so it’s important to clarify whether this fee is separate from the monthly management fee.

3. Renewal Fees

 

When an existing tenant renews their lease, some property management companies charge a renewal fee ranging from $150 to $500 or a percentage of rent. This fee covers:

Not all companies charge a renewal fee, so it’s worth asking in advance.

Additional Property Management Costs to Consider

Maintenance & Repair Costs

While the property management team handles routine maintenance requests, the cost of repairs is typically passed on to the landlord. Common maintenance expenses include:

To prepare for unexpected costs, landlords should maintain a maintenance reserve fund to cover emergency repairs.

Vacancy Fees

Some property management companies charge a vacancy fee when the property is unoccupied. This fee can range from $50 to $100 per month and covers:

Not all companies charge vacancy fees, so verify whether this is included in the management agreement.

Eviction & legal Fees

 

If a tenant violates their lease agreement and eviction becomes necessary, property managers typically charge for handling the process. Eviction fees may include:

Hiring a property management company helps landlords reduce eviction risks by thoroughly
screening tenants upfront.

Hidden Costs to Watch Out For

Not all property management costs are transparent upfront. Some hidden fees to look out for include:

Before signing a property management agreement, carefully review the terms and fee structure to avoid unexpected charges.

Is Hiring a Property Management Company Worth It?

Hiring a property management company is a smart investment for many landlords, even with the associated costs. The benefits include:

If you’re looking for a transparent and professional property management company in Las Vegas, The Brokerage offers competitive pricing and full-service management to help you maximize your rental investment.

Call us at (702) 476-6000 or contact us here to schedule a free consultation!