By: John Wilhoit Jr. - 2/1/2012 12:13 pm
The question that will come to mind as you read this is "who does that?". The unfortunate answer is too many people. We are in an industry full of talented people. Mostly.
If these mistakes are occurring with your assets it is probably time to look for new management, first to stop the damage and second to remedy the potential of on-going issues and the exposure they present. Suffice to say these are all ..... bad.
1. Allowing a danger to public safety to persist. Suspect electrical, known illegal drug use, endangerment of children, domestic abuse, violent behavior. No good choices here. All or any similar issues must be addressed in real time once known.
2. Creating, encouraging or allowing fraudulent acts. No one should be skimming off the top. PM is a business. If you can not do the business without a very high level of integrity then get out of the business, please.
3. Keeping a bad hire. Other than fire or...
By: John Wilhoit Jr. - 1/24/2012 10:43 pm
Landscaping is important. In the property management business spring is when we set up for the summer pool season. Winter is the time to think about the spring growing season and how to best address grounds maintenance. Addressing landscaping, ground cover, plantings and soils seems like such a simple question. At the very least it takes pre-planning to assure fixed price contracts in advance of service.
If a plant scientist were to survey the grounds of your income property assets their report would say some like: there are 55 "species" of plants and three invasive varietals that are negatively impacting sustainability. And your comment would be; "I only want my property to look good- neat and clean with green grass and pretty flowers. What's all this talk about invasive species!".
Like farmers, property management requires having a well rounded skill set. Alas, we must rely on our subject...