PropertyManagementMaven * LandlordWhisperer

Property Manager - Gibson Management Group, Ltd.
A maven (also mavin) is a trusted expert in a particular field, who seeks to pass knowledge on to others. The word maven comes from the Hebrew, via Yiddish, and means one who understands, based on an accumulation of knowledge. Wikipedia
Nobody likes being called a when tenants of mine * who I served a 5-Day Pay Rent in Full or Quit notice yesterday * e-mailed me....   Hello Wallace,   I am quite sure that the latest date postmarked for the rent that has been sent to you has been the 5th of the month.  I always have t...
We are in SEVERE flu season * hand washing and face masks are everywhere * and while I don't have a lot of kids in my life, I no longer shake hands with rental prospects when showing properties and I have curtailed my desire to be Southern "kissing cousins".   So when my repairman's grandson/help...
When property owners become rental property owners, they often forget that the property is NO LONGER THEIRS'.   YES....they can pay the mortgage, insurance, property taxes, maintenance and repair costs....and   YES....they can receive beneficial tax deductions against their income....and   YES......
Finding out when rental prospects are moving is one of the first questions I ask in my PRE-screening routine.   Prospects coming from a "migration site" like Zillow, Move/Realtor, Trulia (sorry ActiveRain) do not see when a rental property is available so they often go through the FRUSTRATING pro...
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Now is a tough time of year to rent rental homes - for landlords and rental prospects.   Maybe it because they are fed up with (1) the noise from their neighbors; (2) too high utilities; (3) or have a baby coming in 7 months....the seem to contact me saying they HAVE A LEASE and NEED TO MOVE.   A...
YES!  This explanation needs to be RE-blogged because there are changes from former point systems and even if you are not climbing the AR leaderboard, points will effect your blog placement within your county * city * state.   ActiveRain awards points to our members as a way to motivate them to e...
In early December, I received the Realtor Emeritus designation from NAR. There were 2 of us awarded this designation out of over 600 members of our association.   To be fair, the NAR emeritus application wanted proof of my continued membership in NAR for the last 40 years.  I almost did not compl...
Our area has very low unemployment so when job openings do occur, most employers have to outreach to other areas for new-hires.   This often means that would-be new-hires are coming to our area for job interviews several times and looking for suitable rental housing at the same time.  I don’t min...
‘Tis the season to return security deposits and while many DIY landlords cringe at the thought of their departing residents not agreeing with their depo$it return, professional property managers have “tips” for doing it RIGHT. NUMBER 1:  Whether your business is an LLC or a corporation, name your...

Wallace S. Gibson, CPM

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