CalNeva Properties | South Lake Tahoe Property Management
Do you own a second home in South Lake Tahoe or are you thinking of purchasing one? CalNeva Properties will help you generate income to put towards your mortgage payment and other home expenses. We are happy to evaluate your property to determine its potential
as a vacation destination, seasonal rental, or long-term rental.
What Type of Rental Property is Best For You?
Vacation Rental: A vacation rental is a property that can host guests anywhere from 1-30
nights. This is our most popular option, because it allows owners to use their property whenever they like. Simply make your reservation through your online owner portal, and we will advertise your property for rent every other day that you are not there.
Seasonal Rental: A seasonal rental is a reservation from 1-6 months. This is a great
option if owners only plan to use the property in the Winter or Summer. Rent to seasonal guests for half the year, and use the other half of the year for your enjoyment and/or vacation rentals.
Long Term Rental: For long term rentals, tenants will sign a lease with CalNeva Properties
from 6 months – 1 year. The lease continues on a month-to-month basis after completion of the term. Tenants must provide an application with previous landlord information, employment history, credit check and references. CalNeva Properties will solicit and
screen all applicants, and collect a security deposit equal to one month’s rent.
Property Management Services
Home Preparation: Our team will meet at your property for an initial walk through and
survey of the premises. This is where we will make recommendations for home supplies and amenities. A full inventory of household items will be complete and can be referenced by our cleaners after each reservation. After the site visit, we will determine rental
rates that will yield the highest return.
Advertising: In addition to listing your home on our vacation rental website, Go2Tahoe.com,
your home may be featured on popular vacation websites such as Homeaway, VRBO, Airbnb, FlipKey, TripAdvisor, and Craigslist.
Booking Reservations: CalNeva Properties will secure reservations with payment in full
within 30 days of check-in. This includes city occupancy taxes, and cleaning fees. Guests will sign a rental agreement with CalNeva Properties outlining our policies. A copy of the agreement is included in this packet. In addition, owners have access to view
bookings and make reservations through a customized portal on our website.
Check-In: Check-in time is 4:00 pm. We will personally visit your home prior to each
check in to turn on the heat and ensure everything is ready for the guests. For the convenience of our guests, we provide a lockbox with keys to the house affixed to the front door. Arrival instructions are displayed inside with any special instructions for
their stay (Wi-Fi passwords, spa instructions, etc.)
Check-Out: Check-out time is 10:00 am. Late departures will be approved as long as there
is no same-day turnover. Departure instructions are also provided, which includes starting laundry, turning off lights and heat, etc.
Housekeeping: Cleaning charges are billed to the guest for each reservation. Housekeeping
service includes a supply of shampoo/conditioner, lotion and soap. Owners should maintain a supply of toilet paper, paper towels, laundry and dish soap, and other regular supplies. A refundable damage deposit is required by each guest for any damages incurred
by their party.
Maintenance: CalNeva Properties will coordinate maintenance of your property including
yard work, snow removal, and repairs. Owners are responsible for maintenance costs, and are billed directly by vendors for regular services such as lawn care and snow removal. Unforeseen repairs will be paid from the owner’s working capital, which maintains
a balance of $200. Repairs over $200 will require owner approval, unless in case of an emergency.
Owner Payments/ Monthly Statements: It’s all about the money! The best part of renting
out your home is receiving your monthly check. Additionally, owners receive a detailed accounting of all revenue and expenses associated with managing your property. Work orders and receipts will be submitted with the monthly statements. Owners are required
to provide their social security number or tax ID, and will receive an IRS form 1099 at the end of each year.
CalNeva Properties Management Fees
Vacation Rental Fees: CalNeva Properties has aggressively competitive rates for vacation
property management. Our fee is 28% of rental revenue. This includes all services listed above including advertising, accounting, scheduling vendors, and routine site visits. There are no additional set up fees, reservation fees or credit card fees.
Seasonal Rental Fees: Should you choose to rent your property seasonally, CalNeva properties
charges 20% of rental revenue. CalNeva Properties will solicit and screen renters, execute a short term lease and collect a security deposit equal to one month’s rent.
Long Term Rental Fees: CalNeva Properties charges 10% of rental revenue for a lease of
6 months to 1 year. All of the same management services are provided at this rate.