Effective property management goes beyond rent collection and maintenance coordination. It requires understanding local market dynamics, tenant quality, operational efficiency, and how each property supports the owner’s broader investment goals.

Lillian provides property management services for select properties in Reno, Sparks, and Incline Village, primarily for clients with whom she has an established relationship through buying, selling, or investment advisory work.

Because the management portfolio is intentionally limited, each property receives closer attention and consistent oversight. Many of the properties we manage belong to clients with long-standing relationships, enabling management decisions informed by a deeper understanding of the owner’s goals.

This relationship-based approach ensures the property is managed not only from an operational standpoint, but also strategically—protecting long-term asset value while minimizing operational complexity for the owner.

Property management services are offered selectively to maintain a high level of attention to each client and property.

All leasing, tenant screening, and property management practices are conducted in accordance with applicable federal, state, and local housing laws, including Fair Housing regulations.

Property Management Process

01

Property Onboarding

Initial property evaluation, documentation review, condition assessment, and management agreement execution. Establish pricing strategy, maintenance standards, and reporting preferences.

02

Marketing & Tenant Placement

Professional photography, listing creation, marketing across appropriate channels, showing coordination, application processing, screening, and lease execution.

03

Move-In Process

Detailed move-in inspection with photographic documentation, lease signing, security deposit collection, utility transfer coordination, and tenant orientation.

04

Ongoing Management

Rent collection, maintenance coordination, property inspections, tenant communication, vendor management, and financial reporting.

05

Lease Renewal or Turnover

Lease renewal negotiation and execution, or move-out coordination including inspection, security deposit disposition, cleaning/repairs, and re-marketing.

06

Financial Reporting & Strategy

Monthly owner statements, annual tax documentation, performance analysis, and strategic recommendations for capital improvements or repositioning.

Lillian’s Rentals

Professionally managed rental properties available for lease. Properties are tenant-screened, well-maintained, and managed with the same attention to detail applied to owned assets.

5875 Tyrone Rd, Reno, NV 89502

1695 Meadow Wood Ln, Reno, NV 89502

1062 Tomahawk Trl, Incline Village, NV 89451

106 Bridlemoor Ct, Reno, NV 89511

114 Bridlemoor Ct, Reno, NV 89511

7556 Gold Dr, Reno, NV 89506

5413 Side Saddle Trl, Reno, NV 89511

724 Marewood Trl, Reno, NV 89511

6028 Kelly Heights Way, Reno, NV 89519

9210 Wigwam Way, Reno, NV 89506

6180 Squires Ln, Reno, NV 89519

722 Marewood Trl, Reno, NV 89511

6505 Bonde Ln, Reno, NV 89511

2820 Lake Ridge Shrs E, Reno, NV 89519

Frequently Asked Questions

Fees vary by property type, and are based on collected rent. Please Schedule a Consultation to learn more about Lillian’s management fees.

Typical additional costs include: lease-up fee (typically 50-100% of first month’s rent), lease renewal fee, eviction coordination fee (if necessary), and maintenance/repair costs (passed through at cost or with small markup). All fees are disclosed in the management agreement.

Typically 12 months with provisions for renewal or termination with 30-60 days notice. We want property owners who are satisfied with our service—not locked into agreements they’re unhappy with.

Yes. While evictions are rare with proper tenant screening, we coordinate the entire eviction process when necessary including notices, court filings, and lockout coordination. Nevada’s eviction timeline is among the fastest in the nation (3-4 weeks for non-payment).

Rental rates are based on comprehensive market analysis including comparable properties, location, condition, amenities, and current market dynamics. We balance maximizing rent with minimizing vacancy—overpricing leads to extended vacancy which costs more than slightly lower rent.

We coordinate all maintenance and repairs using our network of licensed, insured contractors. Emergency repairs are handled immediately with owner notification. Routine maintenance requires owner approval above specified threshold (typically $300-500). All work is documented and reported.

 

We offer full-service management only. Partial management creates confusion about responsibilities, reduces service quality, and complicates tenant relationships. Our comprehensive approach ensures consistent, professional management.

Our service area is Reno/Sparks metro and North Lake Tahoe/Incline Village. We do not manage properties in other Nevada markets.

Unlike large property management companies treating properties as commodities, we approach management with the same strategic thinking and attention to detail applied to acquisitions. You’re not just a property owner—you’re a client with investment objectives we’re committed to supporting.

Professional Property Management for Your Investment

Protect your asset, optimize returns, and eliminate operational complexity with comprehensive property management.