You Know You’re a Las Vegas Landlord When…
There is never a dull moment when you are a Las Vegas landlord. Sure, there are some up times, when a tenant hits a small jackpot and pays the rent on time, it’s great for both of you, However, the real fun is when the cards are not in your tenant’s favor-because unfortunately, that means that they likely aren’t in yours either.
Being a landlord in Sin City is certainly an interesting job – though that could be good or bad, depending on the day, and sometimes the hour. Although if this is your current occupation, these next eight signs will certainly resonate with you.
Enjoy! You know you’re a Las Vegas landlord When…
1. There Are Only 6 Days in Your Week
Counting is kind of a staple in Las Vegas-cards, money, hopefully not enough to draw attention to yourself, but nevertheless, most people, even in Vegas count seven days in their week…unless they’re a Las Vegas landlord.
No, in this line of work, there is inevitably, always six days in your week, because one day is completely swallowed up by checking on your properties and tenants. Even if you plan out a day to check on a property, whatever isn’t broke on Tuesday, is inevitably going to break on Saturday, simply to throw off your attempt to stay ahead of your duties.
There is no escaping it, so you might as well embrace it.
2. Your Hands Are Perpetually Covered in Paint
Unlike the smoke-filled, decades-old Casinos, the appearance of your properties is everything. Therefore, you are constantly priming or painting something and so, your hands are always covered in paint.
After all, the only efficient job is one you do yourself, especially in this fly-by-night town. That leaves the only person you can rely on to get the job done right- you. And in Las Vegas, with all the strange fads, your hands can easily turn from a Rembrandt into a Picasso within a matter of a few coats.
3. You’ve Actually Considered Paying $8K Or More for Eviction Assistance
Perhaps, you’ve even tried your luck on the Vegas strip, just to have the extra money to put out, to have some help with the never-ending migraine that your tenants have become. Every landlord has had them. They are your worst nightmare, incarnate. They’re picky, strange, and likely have nearly rabid animals, but they always blame everything on you.
However, all you want to do is free yourself from this consistent loop of horror and yet, you wake up every morning, to the terrible realization that it wasn’t a nightmare.
As a result, what started out as a small fortune, is now starting to look like a measly price to pay, simply to receive some peace and quiet.
Hang in there, we understand.
4. You’re on A First Name Basis with The Employees at Your Local Home Depot
You know you’re a landlord in Las Vegas when you walk through the local Home Depot and other customers wonder if you’re the mayor, since all the employees know your name.
However, you know the truth – and so does John from electrical, whose wife just had a baby. You’re in the Home Depot all the time. You see these people more than you see your friends and quite possibly your family.
They ask about those crazy renters as you get rung up at the register and have been offered a job multiple times, because Sarah from the plumbing department worries that the stress of your current job is bad for your high blood pressure.
You understand where she’s coming from, but you end up making excuses, then tell her you’ll be back in a few days.
And, of course, you are.
5. You have More Tenant Cell Contacts than Friends or Family
Perhaps this is a good thing, especially if you have family and friends who reside in Vegas. Yet, for most people, regardless of their family issues, in any other occupation, this would be considered being far too involved in your work.
That is, unless you’re a landlord in Vegas. Then, this strange social imbalance is practically a prerequisite.
6. Your Vacant Properties are Always Up for a Showing
With the high turnover rate in the Vegas housing market, it seems like your property is always up for a showing. Although you know the business, this still seems so strange to you, since you’ve had your house for fifteen years – yet you get people coming to your properties wanting a month to month lease.
7. Your Renters Expect the Best and Want to Pay Near Nothing
Of course, it’s difficult to expect anything less from people who come to Vegas with next to nothing, and want to live like they can have everything, disillusioned by the idea that this is their lucky month.
They just can’t understand that they can’t live like a king if they can’t even pay to live like a commoner.
8. You’ve Considered Selling Your Property Multiple Times
Have you thought about saying goodbye to the labor of love that has turned into more of a labor than you’re capable of loving it? We get it, you’ve tried to convince yourself it’s worth the aggravation – unsuccessfully, time and time again. Now, you’re ready to trade all that stress in for some cold, hard CASH!
If this sounds especially good to you, Max Cash Home Offers can propose an offer instantly for most Las Vegas properties and can usually put cash in your pocket within days.
This will free you from the burden of being a landlord and help you move on to your next endeavor.
So, whether you use the cash toward investing in a new business opportunity, or on the Vegas Strip to celebrate, it is up to you. No judgment here. Contact us today!
Max Cash Home Offers offers instant cash offers on houses nationwide. We do not provide legal or financial advice. For information on foreclosure, eviction or any other legal situation make sure you contact a local attorney.
Author: Ryan Cruz
Ryan received his Bachelors of Science in Business Administration from the University of La Verne. Ryan has a strong passion for marketing and the real estate industry while leading and managing all online marketing efforts for Max Cash Home Offers.