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Cismont, VA

I am but a LOWLY PROPERTY MANAGER, Mr. Mortgage Broker...I'll SOLVE your Problem at the 11th Hour!

Wallace S.  Gibson CPM * LandlordWhisperer: Property Manager in Charlottesville, VA

I have a long-time property management client who is refinancing her local rental home before she starts a trip of several months.

The appraisal was done last week and I e-mailed the lease and lease renewal letters to the mortgage broker last week.....TODAY I get a call that the exterior needs to be pressure washed, a screen door fixed and a piece of dry rotted wood replaced......NO PROBLEM in 8 inches of snow.

HELLO! it is 28 degrees and there is snow all over the ground. Screen door is the resident's responsibility as they backed into it....the piece of wood, no problem; however, pressure washing mildew (they call it mold) in SUBfreezing weather does not work and will create a worse problem than what is there.

I advise the lender what I can do and suggest they withhold $300 from my client's REfi funds, I'll have the work done, pay the bill, send a copy of the paid bill to them along with the photos of the areas of the house that have been corrected.

It took me 2 phone calls with 2 different people at the lender before the "reality" of my solution got through to them. I waited for 2 hours for the 2 lender reps to e-mail me their repair list and I when I received it, I sent it via my smartyphone to my contractor while checking my Google local weather temps for the next few days...fortunately, Thursday will be 68 degrees....YEAH!


Whose is your VALENTINE Today? Thank those who have HELPED you be SUCCESSFUL!

Wallace S.  Gibson CPM * LandlordWhisperer: Property Manager in Charlottesville, VA

On my way into work this AM, I'm picking up 2 nice cut flower arrangements at my florist. I ordered them last week so that they would be ready for me to pick-up and hand deliver.

One is going to the service coordinator of my new HVAC service firm and I will take the other one to the front desk receptionist at the office of the gated community where I have almost one-third of my rental inventory.

In addition to these flower arrangements, I have a cute musical Valentine card and a $100 Sephora gift card with each flower arrangement.

When I ordered these last week, I reminded the 2 MALE property managers I am mentoring to think of who makes their BUSINESS lives easier and they BOTH poo-pooed me for acknowledging those who assist us in doing our jobs.

Meanwhile, I get an e-mail last night from a tenant who wants to renew their lease and who THANKED me for my FAST and EFFICIENT service personnel.

This stuff does not happen by ACCIDENT! I want to acknowledge these 2 people who have helped me be SUCCESSFUL!

There is an ART to Providing a CURRENT Landlord Reference! Shuhh...It is NOT a "Given" for Residents

Wallace S.  Gibson CPM * LandlordWhisperer: Property Manager in Charlottesville, VA

One of the "profit center" fees I thought I would never charge I am now charging - for RENTAL/Landlord verifications.

I have a policy of ONLY providing this information IN WRITING with a copy to the new landlord AND a copy to my residents * NO She Said/He Said if their new landlord blames ME and the information I am providing for their not getting their new rental home.

I also charge a $25 "forms fee" for this. I started charging this fee when I was getting Rental Verifications from multiple lenders when departing residents were buying a new house and they were "shopping" for a lender.

I request that these forms be brought to my office ALONG with a $25 check and I will complete them and MAIL them back to my residents and to their new landlord.....sorry, no FAXES. If the resident wants to hand-deliver the copy to their new landlord, I'll mail them both completed forms.

I just received a landlord verification for a couple who has been with me for 3 years and are moving closer to town. Their lease is not up for 5+ months and for me to provide a landlord reference NOW is PREmature so I have not responded to their proposed new landlord and I have REconfirmed with them that their lease does not terminate until mid-June.

While many would think that providing this information should be pro-forma for the current landlord, when they purchased a home, my reasoning is that they paid for their appraisal and their credit report. I have to do work to complete the rent verification/landlord reference form * probably 15 to 20 minutes * so why should I not get paid? Also, I require the money with the form so that there is no discussion about the fee coming from their security deposit. They have paid a credit or application fee to the NEW landlord, so they should pay me for assisting them in that process.

Charlottesville Ranked High!!....AGAIN

Wallace S.  Gibson CPM * LandlordWhisperer: Property Manager in Charlottesville, VA

The Charlottesville area of Central Virginia is used to being ranked HIGH in most Forbes "Places" surveys - Best Places to Live, Best Places to Retire, Best Place for Finding an EXCELLENT Property Manager and NOW we are ranked #11 in Best Small Places for Business and Careers According to their March 25, 2009 online issue. We are the ONLY city in the state of Virginia and while I disagree that we do not have any billionaires per se * we have Fox Sports Newscaster Howie Long and his son Chris of the St.Louis Rams, Arthor John Grisham, Sissy Spacek and her husband Jack Fisk, and many members of the Dave Matthews Band which got its start on our Downtown Mall. The Rolling Stones played in UVa's Scotts Stadium and U-2 will play here this year.

http://www.forbes.com/lists/2009/5/bizplaces09_Charlottesville-VA_2496.html

Many of the newer businesses are associated with the expansion of the University of Virginia Medical Center and the building of the new Emily Couric Cancer Center (named after Katie's sister who was a State Senator and died of cancer), the expansion of the private Martha Jefferson Hospital and the doubling in size of the NGIC * National Ground Intelligence Command * I'd tell you what they do but then I'd have to kill you.....yes, there are loads of opportunities for new, small businesses...it's where I started my business almost 12 years ago!!!

Rank Metro Area Cost Of Doing Business (Rank)1 Job Growth Projected (Rank)2 Educational Attainment (Rank)3 Metro Area Population (thou)
1 Sioux Falls SD 3 11 30 232
2 Greenville NC 4 49 35 175
3 Morgantown WV 37 46 28 119
4 Bloomington IN 11 41 23 185
5 Columbia MO 13 74 6 163
6 Bismarck ND 18 10 32 104
7 Fargo ND 62 29 22 193
8 Lafayette IN 17 58 20 195
9 Iowa City IA 21 124 5 149
10 Auburn AL 70 1 19 135
11 Charlottesville VA 31 45 7 195
12 Bloomington IL 25 38 9 165
13 Rapid City SD 1 54 49 121
14 College Station TX 89 4 15 204
15 Billings MT 95 6 27 151
16 Las Cruces NM 39 2 54 203
17 Santa Fe NM 100 35 10 145
18 Bend OR 90 7 36 158
19 Bowling Green KY 48 51 48 118
20 Ames IA 40 161 3 85
21 State College PA 106 75 8 145
22 Ithaca NY 167 33 1 102
23 Athens GA 94 65 16 189
24 Grand Junction CO 101 18 62 142
25 Corvallis OR 93 80 2 82