Chosen by Bank as Receiver – October 2011
Several times over the last 10 years, I have been a court appointed receiver. A receiver is hired to be the property manager while a court case is being decided. Several cases resulted from family members having a dispute over a property (usually one member of the family is managing the property and not paying the other members) and I rented out apartments, extened a commercial lease, paid past due bills and started distributing money to the partners.
In another case, a condominium developer went bust and the lender hired us to do punch list items, sell units and help set up the board of directors. This time, a commercial real estate investor bought a property at a high price, has high vacancies and the bank foreclosed on the property and we are collecting rents from the remaining tenants and leasing out the vacant stores which will preserve and increase its value.
All of these assignments generated work for me in the areas of bookkeeping, maintenance and some brokerage. All of these opportunities were developed out of financial duress and it is accelerated due to poor economic conditions. I encourage you to announce your new buseiness to your network of attorneys and bankers ( source of referrals) and maybe you’ll be in a position to provide these valuable services.
- What Makes a Great Property Manager?
- Goal Achievement
- “Secret Service” – Providing Unforgettable Customer Service
- Few or NO Requirements for Managing Single Family Homes
- Customer Service Improved by Feedback
- Chosen by Bank as Receiver – October 2011
- In the Wake of Natural Disasters
- Summer Reading For Self Improvement
- 13% of US Homes Sitting Empty – Opportunity!
- Summer Brings Movement Opportunity to Property Managers
- Business Start Up (17)
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- Property Management (11)
- Support (3)
- Testimonials (3)
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In organizing my thoughts about making my favorite guacamole for a super bowl party I was thinking about what ingredients would I stir together to make a great property manager?
Here’s my list of ingredients:
Lives to help others: Focused on serving the customer or tenant
Organized: Files things away, not cluttered so knows how to get to [...]
I am a goal junkie. Every year I list out my goals in areas like personal, family, business and work on a plan to achieve them. You need to know where you want to go in order to get there. Here are some guidelines that have helped me achieve over the years:
1) Make the goal [...]
I am a big believer in reading books to help me continue to learn and grow. One of my favorite books early on was the E-Myth Revisited by Micheal Gerber that helped me “work on my business” more instead of “in my business” to have a plan for business growth and consistency of service.
Beyond cutting costs [...]
- Few or NO Requirements for Managing Single Family Homes
November 11, 2011 - Customer Service Improved by Feedback
November 9, 2011 - Chosen by Bank as Receiver – October 2011
October 24, 2011 - In the Wake of Natural Disasters
September 2, 2011 - Summer Reading For Self Improvement
August 3, 2011 - 13% of US Homes Sitting Empty – Opportunity!
July 5, 2011 - Summer Brings Movement Opportunity to Property Managers
June 6, 2011 - Act on Your Ideas & Dreams
April 14, 2011 - Courage Outside Your Comfort Zone
March 16, 2011 - I’ve Answered Hundreds of Email & Phone Questions
February 24, 2011
Educated at Cornell University. Trained in the United States Army. Russell Munz has taken resources from both of these experiences to benefit you with the documentation included in the Quick Start Property Manager Program.