Monthly Statements
Income and expenses, rent roll, delinquency status, and your net disbursement — every month.
For Owners
Commercial Rent Collection & Owner Reporting in Las Vegas
The financial core of good management: rent billed and collected on time, delinquencies handled by the book, and owner reporting you can actually read.
Quick answer
Commercial rent collection and owner reporting are the financial core of property management. Milvado Realty bills tenants (base rent plus NNN or CAM), collects and deposits rent, follows up on delinquencies under Nevada law, disburses owner payments promptly, and delivers clear monthly financial statements and year-end reporting for Las Vegas commercial owners.
How It Works
How We Collect Rent
Every tenant is invoiced for base rent plus their share of NNN or CAM charges, with clear due dates and late fees per the lease. Tenants can pay online or by ACH, and funds are deposited into a trust account — kept separate from operating money, as Nevada requires. Owners then receive a prompt disbursement, usually by ACH, along with a statement that shows exactly what came in and what went out.
Consistency is what protects your cash flow. Invoices go out on schedule, payments are tracked in real time, and nothing slips because "someone meant to follow up." When collections are handled well, your net operating income and your books both stay healthy — which matters most when it is time to refinance or sell.
Delinquencies
Delinquency Handling, by the Book
When a payment is late, the clock starts immediately: reminders, late notices, and direct tenant contact. If a tenant remains in default, Nevada law provides a clear path. For commercial nonpayment, a landlord may serve a five-day notice to pay or quit, and if it is not cured, pursue summary eviction through the Justice Court, per NRS Chapter 40.
Our job is to move quickly and correctly — serving proper notice, documenting everything, and coordinating collections or eviction with you and legal counsel — while preserving a workable tenant relationship wherever that still makes sense for your bottom line.
Reporting
Owner Reporting You Can Actually Read
Online Owner Portal
Statements, invoices, leases, and documents in one place, accessible anytime from anywhere.
Prompt Owner Payments
Predictable disbursements by ACH, so you are never chasing your own money.
Budget vs. Actual
An annual operating budget and ongoing comparison so surprises are caught early.
CAM & NNN Recoveries
Reimbursements tracked and trued up so your recoverable expenses are actually recovered. CAM reconciliation →
Year-End & 1099s
Year-end financial summaries and 1099s prepared for you and your CPA.
Accountability
Trust Accounting & Compliance
Handling other people's money is a licensed activity in Nevada. Milvado Realty is a licensed Nevada brokerage with a property manager permit, so owner and tenant funds are held in a trust account separate from operating funds, under the oversight of the Nevada Real Estate Division. That separation is not a nicety — it is the accountability standard the state requires, and the reason your money is traceable at every step.
Owner Leads
Get Paid on Time, Every Time
Tell us about your property and how rent and reporting are handled today. A Las Vegas commercial property manager will show you what tighter collections and clearer reporting look like — confidentially, no obligation.
- On-time billing, collection & disbursement
- Delinquencies handled under Nevada law
- Clear monthly statements & owner portal
Prefer to talk now? Call (702) 613-8601
Rent Collection FAQ
Common Questions
Tenants are invoiced for base rent plus their triple-net (NNN) or CAM share, pay by the due date (often online or by ACH), and funds are deposited into a trust account. Owners then receive a prompt disbursement along with a monthly financial statement.
We follow up promptly and, if needed, serve the notices Nevada law requires. Commercial nonpayment generally allows a five-day pay-or-quit notice, after which we coordinate collections or eviction with the owner and legal counsel.
Typically monthly. Owners receive their net disbursement and a financial statement each month, with year-end financial reporting and 1099s.
Income and expenses, a rent roll, delinquency status, maintenance activity, and your net disbursement, all available through an online owner portal with supporting documents.
Yes. Nevada-licensed property managers hold owner and tenant funds in a trust account kept separate from the manager's operating funds, as required by the Nevada Real Estate Division.
Yes. We provide year-end financial summaries and issue 1099s as required. This is reporting support, not tax advice; your CPA should prepare your returns.
Sources
Sources & Further Reading
- Nevada Revised Statutes Chapter 40 (summary eviction of commercial tenants)
- Nevada Real Estate Division — Property Manager permit & trust requirements
- Milvado Realty — CAM Reconciliation in Las Vegas
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Related Owner Resources
Rent Collection & Reporting
Tighter collections. Clearer reporting.
Let's make sure your rent comes in on time and your books tell you exactly where you stand.