A Las Vegas team that works only with investors.
We do not work with home buyers or sellers. We provide a complete service for rental property investors, from property identification through renovation, leasing and management, using a combination of in-house services and trusted third parties. We have been in business for more than 17 years.
One team, from selection through management.
Most investors buying out of state have to assemble a team themselves: an agent, an inspector, a contractor, an insurance agent, a property manager. Each one is a decision, and each one is a risk. We handle that end to end, using in-house services and third parties we have worked with for years.
Property identification
Screening for the tenant segment first, then the property that serves it.
Renovation
Scoped and project-managed to what the target tenant actually pays for.
Leasing
Tenant screening and placement through a property manager we work with directly.
Management setup
Handing off to ongoing management, with the process documented for you.
What 17 years has actually produced.
Delivered results across multiple market cycles, not projections. Figures are as published on our current site.
investment properties delivered
More than 600 single-family investment properties delivered to over 170 clients worldwide. Fewer than ten of our clients live in Las Vegas; the rest invest remotely and rely on our process and local expertise.
properties per client, on average
Clients continue to reinvest because the properties perform as expected. Most new clients come to us through referrals.
average tenant stay
Long tenancies significantly reduce vacancy, turnover and rent-ready costs.
evictions in 17+ years
Eight evictions across more than 1,100 tenants. That comes from targeting a stable tenant segment, working with a skilled property manager, and operating in Nevada’s pro-landlord legal environment.
rent decline through 2008
While Las Vegas property values fell sharply during the 2008 crash, our clients experienced no decline in rent and no vacancies. The tenant segment we target tends to work in mission-critical, direct-income-producing or government roles that remain more stable during recessions.
appreciation and rent growth since 2015
Since 2015, our clients’ properties have experienced average annual appreciation of about 8% and rent growth of about 5%.
vacancy across the portfolio
Vacancy has remained below 2% across the properties we manage the process for.
These results were not achieved by luck.
The founders are engineers. They reverse engineered how successful national retail chains identify their target customers, choose locations, and match their offerings to local demand — and applied the same approach to rental property.
A national chain does not open a store and hope the right customers walk in. It decides who the customer is first, then finds the location and builds the offering around them. Rental property works the same way: the tenant comes first, then the neighbourhood, then the house.
Engineers first, agents second.
Eric Fernwood
Eric brought engineering discipline to rental investing: proprietary research, software-driven property screening, and a process refined across 600+ acquisitions and multiple market cycles.
Cleo Li
Cleo co-founded Fernwood and works with investors from first call through acquisition, renovation and management setup.
Fernwood Team · KW VIP Realty
What clients say, in their own words.
Verified Google reviews.
It was a true pleasure working with Eric, Cleo, and their team. You can immediately tell they’re engineers — their precision, strategic thinking, and attention to detail are outstanding. They handled the entire renovation perfectly, kept me informed every step of the way, and even connected me with the property manager.
I worked with Fernwood to do a 1031 exchange, and they helped make it a seamless experience, especially being out of state. Fernwood’s methodology of finding a good investment leverages as much data as possible to minimize risk.
Find out what we can do for you.
A brief conversation so we can understand your situation and goals. This is just a chat, and we will not try to sell you anything. If Las Vegas, or we, are not a good match for you, we will tell you.
- info@FernwoodTeam.com
- Keller Williams VIP Realty, 7501 Tule Springs Road #170, Las Vegas, NV 89131