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Nevada Property Management

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Nevada property management

Regions we will soon be serving in Nevada

Regions we serve in Nevada

Results are guaranteed

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Nevada Property Management

$5,000 Rental Income Guarantee

Your residents could lose their income at any time, which could impact your steady rental cash flow. This Rental Guarantee program is unique from others you will find as it actually covers up to $5000 in risk of rental loss.
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Nevada Property Management

$2,500 Pet
Guarantee Plan

Over 80% of rental prospects own a pet. Pet friendly properties lease 10 days faster and have a 4% lower vacancy rate. But you might want assurance that your pet friendly rentals are protected from pet damage. Under Mynd’s Pet Guarantee Plan, Mynd will cover damages up to $2500.
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Nevada Property Management

$5,000 Eviction
Protection Plan

If your resident is unable to pay rent, you may need to evict them. This could be a very costly process. Under Mynd’s Eviction Protection Plan, we cover the court costs and legal fees up to $5,000, making sure your cash flow is steady and protected.
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The best Nevada property management

Mynd is an investment in your investment. Our Nevada property management services perk up your rental property, encouraging lease renewal among your quality tenants. We can help you put your rent collection income toward growing a nationwide portfolio of residential properties, reinvest into your rental property, and more. You’re the boss!
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Nevada property management Knowledge Center

Learn everything about the property management business using our property management and investing knowledge center. You’ll be as fluent in real estate as a property manager with a real estate broker's license.

Our Nevada property management offices

Las Vegas Property Management

410 S Rampart Blvd #390
Las Vegas, Nevada 89145
United States

Reno Property Management

1575 Delucchi Ln Suite 103
Reno, NV 89502
United States

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Are you looking for property management?

A landlord who only wants to be a property owner needs a property management company. Mynd is a full-service company that lets you earn more and stress less!

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Frequently asked questions
Where does Mynd offer Nevada property management services?

Mynd Management services all of Nevada, including:

What questions should I ask a property manager?

It takes the right temperament and experience to be a great Nevada property manager. At Mynd, we believe we’ve got the best residential property management service in Nevada; that’s why we want you to put our property managers to the test. 

Perform due diligence by quizzing us on how our property management service will manage your investment property. 

How do you reduce landlord liability?

What makes a great Nevada property manager?

Due diligence is necessary to find the best rental home management company.

  • Ask for references.
  • Consult the Department of Consumer Affairs
  • Have in-depth talks with prospective property managers.
  • Check out online reviews from multiple sources.
  • Request internal client satisfaction scores.
  • Tour rental units managed by the property management company.

How much time does it take to manage a rental property?

One industry estimate is that a landlord spends four hours every month for every rental property. That means roughly 48 hours each for daily management and operations. The majority of that time, assuming a yearly lease, is spent finding a prospective tenant, leasing, and rental property turnover. 

However, that’s only the case if you can turn your brain off and not think about your rental property when you’re not working on it. Otherwise, you may spend far more than 48 hours on your property. It may also take you longer to do what it takes experienced property managers to do, and you may not do it as well. 

You also don’t get to use economies of scale, which is when the greater the scope of your project, the more leverage you have in negotiating to get a better deal on labor and materials. Since Mynd has so many clients, we can use economies of scale to save you money. 

And that saved money can go toward scaling your real estate investment portfolio.

How much does it cost for someone to manage your rental property?

6 to 12% of the collected monthly rent is the average range for a professional property management fee. Mynd has reasonably priced packages in Nevada starting at $79 per month.

There are other costs associated with property management in addition to the property management business fee: property taxes, insurance, and routine maintenance such as landscaping, etc. On average, an investor should set aside 1.5 times their monthly cash flow for yearly repairs and maintenance. If you save 10% of your monthly income for repairs, you'll maintain your budget more efficiently.

The age and condition of your residential rental properties will impact how much you’ll spend on regular maintenance. You should also save money for capital expenses (CapEx), big-ticket items such as HVACs

An investor can use two rules to estimate how much to budget for operating expenses: the 1% rule or the 50% rule. Save 1% of your home’s value when you bought it if estimating with the 1% rule, or save  50% of your monthly collected rent if using the 50% rule. 

What are three duties of a property manager?

Mynd is dedicated to fulfilling three duties to its clients.

Our Duty to Your Best Interest: It’s Mynd’s duty to maintain your investment property properly, fill it with quality tenants, make sure your property is legally compliant, and make the most of all tax advantages. 

Our Duty to Your Tenant’s Best Interest: Mynd strives for continuous positive cash flow with minimal vacancies. We do this by screening tenants thoroughly and by making your tenants feel appreciated. Your property investment is their home, and we want the property to be as valuable to your tenants as it is to them and us. 

Our Duty to the Law: Mynd reduces your exposure to surprising legal liabilities, minimizes the possibility of fines, protects tenants from harm, and gets your tax deductions by making sure we follow all the IRS rules.

Should you use a rental management company?

If you can’t wear all the hats of a property manager, you’re better off using a property manager to handle your residential properties. Here are just five roles Mynd performs for you.

  1. Bookkeeping: Mynd keeps track of all income inflows and outflows, reserves funds, and makes sure you maximize tax deductions.
  2. Project Managing: Mynd arranges and oversees maintenance and repairs. And since Mynd manages many properties, we’re able to leverage economies of scale to save you money!
  3. Emergency Contact: If your basement floods in the middle of the night, Mynd takes that call.
  4. Legal Counsel: Mynd keeps up with all local, state, and federal laws to reduce your legal liability and keep you, your tenants, and your investment property safe. 
  5. Tenant Liaisons: Mynd finds, screens, places, retains, and evicts tenants. 

Is it hard to manage a rental property?

It can be challenging, yes. Just look at the many different things Mynd would do for you.

  • Write rental property listings
  • Property inspection
  • Property maintenance and upkeep
  • Find potential tenants
  • Thorough tenant screening
  • Quality renter placement
  • Maximize rental income
  • Increase qualified tenant lease renewal
  • Handle the eviction process
  • Prevent early lease terminations
  • Help you make tax deductions
  • Respond to maintenance requests ASAP
  • Respond to natural disasters
  • Bookkeeping
  • Collecting and managing the security deposit
  • And more

Should I self manage my rental property in Nevada?

If you want real estate to be a passive investment, then you need a property management company. 

Each property is different, and each resident's maintenance needs are different. If you want someone to do all of the work for you but don't feel comfortable doing it yourself, then a property management company is for you. 

Mynd property management professionals are trained to work with all types of tenants, including those with disabilities. These professionals will provide the level of service you need to maintain your property while reducing costs for you.

Can I pay someone to manage my Nevada rental property?

Yes, Mynd has reasonably priced packages in Nevada starting at $79 per month. Here are just some of the professional property management services you get.

  • 24/7 Emergency Support
  • Dedicated portfolio manager
  • Digital leasing
  • Electronic rent collection
  • Financial reporting
  • Legal and compliance
  • Online portal
  • Screening prospective tenants
  • Repairs, inspections, and maintenance
  • And more

Are you looking to rent?

Click here to browse our listings and submit an application.