Owner Newsletter – October 2014

TRICK OR TREAT – HERES THE TREAT!

Property Managers: At the end of September you were notified via email who your Property Manager is. Currently, we now have 3 Managers and please make sure that you contact your manager if you have ANY questions. If you are not sure who your manager is please call the office at 702.750.9725.

Jason Tegilia

jason@managevegas.com

702.750.9725×226

702.582.9003 (direct line)

Mindy Dominick

Mindy@managevegas.com

702.750.9725×230

702.249.5211 (direct line)

David Grisingher

david@managevegas.com

702.750.9725×228

702.521.4422 (direct line)

Please take a moment and welcome your Property Manager. Also, while we are expanding, please be patient as Mindy and David are new kids on the block – learning you, your property and your tenant. As always, we appreciate your trust and support.

Online Rent Payment: BeginningNovember 1,2014 – tenants will now the option to pay their rent online thru our website. Many tenants have asked for this and they now have their Halloween Treat! This will NOT affect the owner Distributions. They will continue to go out on the normal days and for the new Owners, the ACH direct deposits can take 24-48 hours before hitting your account. This is NOT as instantaneous process.

THINKING ABOUT SELLING: Remember to talk with us first – with the SMART Chioce Listing program – this can save you $1000’s. For additional information regarding this, please view our website; www.managevegas.com or speak with Mark Hall, Broker for further details.

Property Turnovers: Once Cindi receives the 30-Day Notice, she will notify you of the move out date. It is critical that you have at a minimum, the power and water on. We cannot do final inspections without them. If turning them on is a problem, let us know, we can assist with a service charge of $100 per utility for turn on. Otherwise, Cindi will have attached a list of the utilities for you to contact. If additional funds are required to bring your property up to rent status, your PM will notify you and SMART will needs those funds as soon as possible.

Rents: In Most Instances, SMART no longer allows tenants to go on month-to-month basis. Thirty (30) days prior to the end of the lease, comps will be run and a new lease will be prepared for the tenant. They have 2 options, renew the lease for a year or give a 30-Day Notice to move..Annual inspections are done at this time, with a report to you, photos and a copy of the new lease.