Property Management
Two Unique Features of Our Property Management Service
We take care of tenant
One of the major features of our property management service is that we take care of our tenants. Many other property management companies either cannot or will not take care of their tenants. As you may know, each time tenants move out, the process incurs a significant amount of expenses an damages, including missing rent income, repair costs, leasing fees, etc. It is in the landlord’s best interests to keep the same tenants for many years. It is best to have the same tenants throughout the entire real estate transactions process as well.
Because of the “All Inclusive” Program, we align the profitability of our operations with the landlord’s best interests. Thus, we prefer tenant stability. To that end, we have a professional management team. Everyone on the team is committed to property management full-time. We also ensure the professionalism and quality of our team members. We do not let our real estate agents work as property managers at the same time. Our experience suggests that, if real estate agents work part time as property managers, they will not be as dependable and available to take care of major issues. When the real estate market is booming, these agents are less likely to put in the efforts necessary to manage the properties. The owner will be the one who suffers from the loss.
The All Inclusive Program
3JM is the only company in Las Vegas that has this unique style of rental property management. To be successful, this style of property management is only achievable when the number of properties managed reaches a critical mass.
It operates in this manner: 3JM rents properties from our investor-owners who authorize 3JM to sublease the properties. 3JM then subleases the properties to end-user tenants. This process allows 3JM to shoulder the burden of being a landlord.
The owner can enjoy receiving a guaranteed rent income stream from 3JM. 3JM becomes liable for a variety of landlord-related issues and risks. The investors have nothing to worry about. When the owner is ready to sell the property, just one phone call to us and it will be taken care of. This is the 3jm’s “All Inclusive” program with a proven record of success.
We take advantage of the Risk Sharing Principle of insurance — spread the risks and perils of rental vacancy, damages and tenant quality across the pool of the investors who opted in this program. This risk management strategy is highly favored by our investor-owners because we share the same risks as our investors.
NVWM Realty is a professional property management company licensed and supervised by the state of Nevada, ensuring compliance with the laws and regulations of Nevada.