Las Vegas Property Management FAQs

Las Vegas Luxury Property Management 

There are significant differences between leasing and full services property management companies, after reviewing our processes, please read our 9 Questions To Ask Leasing Agents blog post. 

Property Management Frequently Asked Questions

Where does the LRA Management team come from?
The executive team at Luxury Real Estate Advisors is comprised of industry veterans who previously oversaw the leasing and property management efforts at The Residences at Mandarin Las Vegas, Veer Towers Las Vegas, Vdara Las Vegas, Juhl Las Vegas, and The Ogden. In addition, we represent Board of Director members at Mandarin, Veer, Turnberry Towers, Turnberry Place, The Martin, Panorama, and many other towers.
How can Luxury Real Estate Advisors (LRA) help me select the best investment property?
What is the difference between a leasing agent and a full-service property management team?
How do you determine the rent price?
How does LRA market my rental property?
What screening is performed when selecting my tenant?
How much is the security deposit for tenants?
Is my tenant required to obtain insurance? If so, for what amount?
What software and processes does LRA use to simplify processes?
How are maintenance calls handled?
How can LRA help me reduce maintenance and improvement costs?
What tech tools does LRA use to keep me better informed?
How and when are rent distributions shared and what reporting do I have access to?
What collection processes does LRA implement for non-payment or damage to my residence? Which legal teams are used?
What laws in NRS 118A expose me to risk? What lease terms are implemented to reduce or mitigate my risk?
How will LRA assist in the event of a water or fire event in my rental property?

No junk fees 

Our competitors often try and match us on price but then add junk fees like set-up, advertising and sizable lease renewal fees. Read the fine print… 

Commission structure for leasing fees: 

  •  Leasing Fee $1500
  •  Ongoing management fees start at 6% for luxury high-rise condos (minimum fee is $100/month)

Client Testimonials

Thanks to Luxury Real Estate Advisors for assistance with leasing and managing our Mandarin residence. I’d highly recommend LRA to anyone who’s looking to buy, manage, or sell a residence in the greater Las Vegas area.  Aldo Manzini, Former Chief Administrative Officer and Executive Vice President of MGM Resorts International.

Thank you Anthony for all the hard work you put in on the sale of my condominium in the midst of such a difficult market. Your efforts are greatly appreciated. Joe Lacob Owner, NBA Golden State Warriors and Partner Kleiner Perkins, Caufield & Byers

You and your team made our entire condo purchasing experience exceptional. If the opportunity arises in Las Vegas for a great Realtor again, there is no doubt who I am calling. Thanks Anthony.  Tony Rector, Board President, Turnberry Towers East