PropertyManagementMaven * LandlordWhisperer

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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

ARCHIVED BLOG POSTS

2012 

This will be very hard to prove as I doubt NFHA has taken in the stress of the Community Reinvestment Act on those minority areas. This will be a NO-win for both as in the long run, any award to NFHA will come from Wells Fargo's future mortgage customers and not their shareholders AT REAL ESTATE ...
04/12/2012
In 1990,  Barbara Bush was asked to give the commencement address at Vassar and the then student body objected because Barbara Bush had only been invited BECAUSE SHE WAS THE FIRST LADY of the United States!  The implication was that she had NEVER DONE ANYTHING on her on.  Mrs. Bush had the last l...
04/12/2012
I do not take many furnished homes.  I do have a 3 year old former model home where the owners bought the furnishings with the home and it is awesome. Doing photos of rooms to do inventories is time-consuming; however, these types of homes are specific and unusual and fairly fun to manage.    Sho...
04/11/2012
This is a VERY BIG problem with self-managed HOA properties with no professional over-sight.  Their insurance carrier will give them a heads up to cease this type of activity and install cameras and/or hire professional security services. The death of unarmed black teenager Trayvon Martin is all ...
04/11/2012
Reading these guidelines, they are VERY similar to the RFP when RTC was turning over properties and wanted IREM members to submit bids for management.  BoA has a LARGE property management staff for trust held properties so I have no problem with them managing their on REO sfr inventory in house “...
04/09/2012
I'll be removing old and replacing with new with resident turn-overs this summer.  They become discolored with age and become very unattractive.  Newer ones are more efficient! Do you know what type of smoke alarms you have in your house?   There are two basic types of residential smoke alarms - ...
04/09/2012
I took a GREAT property to manage on Friday.  The owner is leaving the country for 3 years and was recommended to me via a current tenant of mine.  Their gift certificate to OutBack Steak House is in the mail! The owner vacated everything on Sunday and I already had keys to the home so I have tak...
04/09/2012
This same thing has happened in our area with the agent's FOR LEASE sign sitting in the front yard. WATERMARKING photos that appear online is the ONLY answer to this problem and the sooner online sites and MLS systems ELECT to have subtle watermarks is the ONLY want this can be stopped. Yet Anoth...
04/08/2012
Unfortunately, DIY landlords have no clue and when they buy, inherit or keep a former home as an investment without the skills to MANAGE and MAINTAIN them, it is difficult for residents! Leaky faucet.   Running toilet.  Sticking windows and doors.  And the best – a tenant who called to let the la...
04/07/2012
Just like EXPERIENCED real estate agents want to work with BUYERS who are PRE-APPROVED for a certain loan amount, property managers want to work with rental prospects who have been PRE-QUALIFIED. This past week, I received 2 phone calls from local real estate agents who want to show my OCCUPIED r...
04/07/2012
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Wallace S. Gibson, CPM

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