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The best way to see how we work with clients and solve problems is to look at an actual case history. Our client paid big bucks for a brand new 2BR 1BA 'spec' house near the beach, which she intended to occupy only two weeks a year and make money renting it to well-heeled tourists 50 weeks a year. Great plan, except she initially hired another property management company (not Comprehensive). Six months later she hollered for help... |
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DAY ONE September 21, 2004 Client asked us to take over, standard rental agent agreement with a long list of things to do: Confront the former property manager, tell him he's fired and get the keys from him. Find out where the appliances are, which he was paid to install and never did. Find out whose name the water and electricity are in. Why were they shut off? Design and promote a website to advertise the rental house. Clean up the trees wrecked in a storm, clean the house really thoroughly (it was vacant over six months). Buy and set up everything that visitors will want and expect in a nice rental house: pots and pans, kitchen utensils, coffee pot, towels, bedlinen, pillows, curtains, screens on the windows, dinner plates, cups, saucers, silverware, dishsoap. DAY TWO September 22, 2004 Marketing Dept starts website design, keyword strategy, Google Ad Words research. Within two weeks, the completed rental website goes 'live' with client OK, producing a dozen paid reservations at premium high season rates. The house is fully booked from Christmas through Easter and beyond. A retired couple from Vermont reserve it for five weeks and, like all other weekly guests, they pay the entire rental amount upfront by credit card. DAY FOUR September 24, 2004 Security chief reports that former rental agent claims he gave the keys to another rental company. They deny it. Nobody knows where the keys are. Recommend we get a locksmith to change all the locks, about $200, because he has to drive two hours to get here. Owner approves expense. Locksmith arrives a week later, breaks in and re-keys four Yale locks. Welder summoned to grind off rusted lock on iron security door and replace it with new Yale. DAY ELEVEN October 2, 2004 Major yard clean-up, requires a team of five, chain saws, two-ton truck. DAY TWELVE October 3, 2004 Security chief reports that water meter is in the name of a real estate shelf company in San Jose. Start negotiations with two sets of lawyers to get it transferred to the owner's name. Dissuade our client from suing the former property manager. Diplomatically trying to recover missing appliances. DAY NINETEEN October 10, 2004 Major house cleaning. Termites in the roof, bees in the porch ceiling, ants and spiders everywhere. Takes a crew of three women two days to make it halfway habitable. Window screens needed urgently. DAY TWENTY NINE October 20, 2004 Appliances surrendered by former property manager. New gas stove set-up OK. New refrigerator OK. But the hook-ups for clothes washer and dryer are exterior, on the back porch. Bad policy to let thieves walk off with two new appliances or expose them to the elements (salty sea breeze, thunderstorms). November 2, 2004 Reservations coming in, so it's time to outfit the kitchen, bath, and bedrooms. Long shopping list, custom curtain sewing, window screens installed, design of weatherproof cabinet for appliances approved. November 14, 2004 Custom outdoor cabinet delivered, 220V dryer installed OK, washer doesn't work right, call factory service (several times). December 24, 2004 With first rental guests arriving next week, final walk-through reveals an unexpected, previously overlooked problem. The shower is cold water only. Emergency client OK to install electric hot water shower. Ask the hardware store to reopen after closing for Christmas weekend. Get 100 ft of wire and conduit to run a new 50A grounded circuit. Build a scaffold to reach vaulted ceiling. Drill through solid concrete partitions. Drive new galvanized ground rod directly outside. Hot water shower completed OK Christmas Day. January 21, 2005 GE factory service arrives after leisurely holiday season, replaces parts in washer, no charge. Rental house is complete in every respect, except one new request. Design and install a nice stereo with theftproof teak cabinets. January 27, 2005 Ten-speaker custom stereo draws rave reviews from renters. CD/IPod/FM. Our client is many thousands of dollars in profit after paying website expense, legal work, and numerous rush repair and remodeling jobs. Every dollar of rental income was electronically deposited directly to the Owner's account. She had to pay each maintenance and housekeeping item by authorizing a payment transaction to Comprehensive. Contractor invoices and documents pertaining to water and electric utilities were scanned and digitally posted in our client's 'virtual office.' There was never any mystery about our findings, recommendations and progress in solving problems. Since she couldn't come to personally supervise the work, we posted photos of tree cutting, new appliances, curtains, clean yard and new cabinets.
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