Comments for Jacob Grant Property Management http://jacobgrant.com Idaho Falls Property Management Tue, 08 May 2012 14:51:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on The Result of No Property Inspection by Jason Vesser http://jacobgrant.com/2012/05/property-inspections/#comment-239 Jason Vesser Tue, 08 May 2012 14:51:48 +0000 http://jacobgrant.com/?p=2378#comment-239 It amazes me the amount of damage a tenant can do to a property. Most owners that do not use property management companies try to rent for about 5-10% more than what there own monthly mortgage payment is. If a tenant rents a property for 10 years and the owner is collecting 50 dollars each month between the difference after paying the mortgage. (years) (months) (rent gain) (total rents) 10 X 12 = 120 X $50= $6,000 Make ready costs I can tell from the video are $6,000 Collected rent $190 Carpet pad $800 Carpet Replacement $500 Carpet install $230 Vinyl $110 Vinyl install $130 5 gallon Primer paint $120 5 gallon semi gloss paint $600 Painting contractor $ 60 sheet rock replacement for the master bedroom mildew damage on the wall $ 50 Ozone machine to filter out the smoke smell $550 1 month none collected rents due to making home ready after the damage -------------- $2,660 Total gain for 10 years. OUCH That may not be including legal fee's. Looking at the condition of the apartment. I would be surprised if the landlord didn't evict the tenant. It is easy to see why Jacob Grant Property Management's focus is on keeping the high qualifications set and tenant expectations high. You guys are great at fixing the problems of everyone else! LOL It amazes me the amount of damage a tenant can do to a property. Most owners that do not use property management companies try to rent for about 5-10% more than what there own monthly mortgage payment is. If a tenant rents a property for 10 years and the owner is collecting 50 dollars each month between the difference after paying the mortgage.
(years) (months) (rent gain) (total rents)
10 X 12 = 120 X $50= $6,000

Make ready costs I can tell from the video are

$6,000 Collected rent
$190 Carpet pad
$800 Carpet Replacement
$500 Carpet install
$230 Vinyl
$110 Vinyl install
$130 5 gallon Primer paint
$120 5 gallon semi gloss paint
$600 Painting contractor
$ 60 sheet rock replacement for the master bedroom mildew damage on the wall
$ 50 Ozone machine to filter out the smoke smell
$550 1 month none collected rents due to making home ready after the damage
————–
$2,660 Total gain for 10 years. OUCH

That may not be including legal fee’s. Looking at the condition of the apartment. I would be surprised if the landlord didn’t evict the tenant. It is easy to see why Jacob Grant Property Management’s focus is on keeping the high qualifications set and tenant expectations high. You guys are great at fixing the problems of everyone else! LOL

]]> Comment on The Result of No Property Inspection by Mary Hurd, Rent Smart Missoula LLC http://jacobgrant.com/2012/05/property-inspections/#comment-233 Mary Hurd, Rent Smart Missoula LLC Mon, 07 May 2012 18:31:36 +0000 http://jacobgrant.com/?p=2378#comment-233 Hi Jake, Wow! If there was a way to post this on Craigslist to show any owners who are self managing and get the word out there.... Its just crazy. All of this damage could have been nipped in the bud by a proactive property management company. Nice job on the video! And good luck with the maintenance. Looking forward to seeing the "after". Hope all is well with you, Cheers, Mary Hurd Rent Smart Missoula LLC Hi Jake,

Wow! If there was a way to post this on Craigslist to show any owners who are self managing and get the word out there…. Its just crazy. All of this damage could have been nipped in the bud by a proactive property management company.

Nice job on the video! And good luck with the maintenance. Looking forward to seeing the “after”.

Hope all is well with you,

Cheers,
Mary Hurd
Rent Smart Missoula LLC

]]> Comment on Fair Housing Resolution by jacobgrant http://jacobgrant.com/2012/03/fair-housing-resolution/#comment-80 jacobgrant Thu, 22 Mar 2012 19:13:18 +0000 http://jacobgrant.com/?p=2273#comment-80 Don, Thank you for your comment! I can appreciate the frustration with Mr. Mabbutt. Have you ever heard the quote, "Don't hate the playa (player)." I believe this is a problem with the system and not some knucklehead bureaucrat. If a group is paid to sue, how could anything but bad things happen? I think Richard is doing his best to reduce discrimination, but I find it upsetting and a conflict of interests that the federal government pays him to sue small businesses. If you are truly concerned, either change your system for reducing discrimination or write a letter to your representatives and senators... or both. Thanks again! Don,
Thank you for your comment! I can appreciate the frustration with Mr. Mabbutt. Have you ever heard the quote, “Don’t hate the playa (player).” I believe this is a problem with the system and not some knucklehead bureaucrat. If a group is paid to sue, how could anything but bad things happen? I think Richard is doing his best to reduce discrimination, but I find it upsetting and a conflict of interests that the federal government pays him to sue small businesses. If you are truly concerned, either change your system for reducing discrimination or write a letter to your representatives and senators… or both. Thanks again!

]]> Comment on Fair Housing Resolution by Don Johnson http://jacobgrant.com/2012/03/fair-housing-resolution/#comment-79 Don Johnson Thu, 22 Mar 2012 14:41:32 +0000 http://jacobgrant.com/?p=2273#comment-79 Richard Mabbutt didn't come across as very bright back in 2005 when I felt in between some of my "welfare" tenants ( Idaho Housing paid their rent ) and Mr. Mabbutt. He wasn't bright enough to recognize that these complainers were just looking for an excuse to "sue" the owners just to make a few bucks of their "SERVICE" animals ( Cats ). The Cats cost thousands of dollars in damage to clean up after and it's hard to recover costs from the "former" tenants who don't have any money in the first place ! Which is WHY they were running the SCAM over their "SERVICE" cats and Mr. Mabbutt couldn't ( or wouldn't ?? ) see it... But WHY would he care?? it's not HIS property and HE doesn't have to pay the costs for the problem. BUT.... We MUST NOT forget.... The government hires the handicapped. Richard Mabbutt didn’t come across as very bright back in 2005 when I felt in between some of my “welfare” tenants ( Idaho Housing paid their rent ) and Mr. Mabbutt. He wasn’t bright enough to recognize that these complainers were just looking for an excuse to “sue” the owners just to make a few bucks of their “SERVICE” animals ( Cats ). The Cats cost thousands of dollars in damage to clean up after and it’s hard to recover costs from the “former” tenants who don’t have any money in the first place ! Which is WHY they were running the SCAM over their “SERVICE” cats and Mr. Mabbutt couldn’t ( or wouldn’t ?? ) see it… But WHY would he care?? it’s not HIS property and HE doesn’t have to pay the costs for the problem. BUT…. We MUST NOT forget…. The government hires the handicapped.

]]> Comment on Congress Pays IFHC to Litigate Small Businesses by Shelly http://jacobgrant.com/2012/03/hired-hitman/#comment-49 Shelly Tue, 06 Mar 2012 16:03:15 +0000 http://jacobgrant.com/?p=2227#comment-49 This article does not surprise me at all. One more way government is trying to interfere with small businesses..... This article does not surprise me at all. One more way government is trying to interfere with small businesses…..

]]> Comment on Federally Funded Agency Brings Small Business to its Knees by Bart Weaver http://jacobgrant.com/2012/03/fed-brings-small-business-to-knees/#comment-48 Bart Weaver Mon, 05 Mar 2012 17:39:36 +0000 http://jacobgrant.com/?p=2210#comment-48 What gets me in this case is: 1) There appears to be no victim in this case. They were not following up on a complaint. Just randomly calling around looking for someone to entrap. 2) I know you guys are well trained, honest and don't have a discriminating bone in your body. 3) At last years Fair Housing training Richard mentioned that they get a piece of any fines or winnings which they use for training costs. I bet it goes to bonuses and commissions for testers. Or pays for real nice hotels and restaurants for the trainer(Richard). The suit seeks to recover their costs for investigating this. What about the costs incurred by all the Landlords that they call with bogus rental requests? I'm sure I received multiple calls from testers every time I run a for rent ad. They all focus in on pets and usually don't tell you it's a companion pet unless you ask. I think we might have a class action suit possibility against Intermountain Fair Housing? I think you should request a copy of the recorded calls to see what actually went on. Bart What gets me in this case is: 1) There appears to be no victim in this case. They were not following up on a complaint. Just randomly calling around looking for someone to entrap. 2) I know you guys are well trained, honest and don’t have a discriminating bone in your body. 3) At last years Fair Housing training Richard mentioned that they get a piece of any fines or winnings which they use for training costs. I bet it goes to bonuses and commissions for testers. Or pays for real nice hotels and restaurants for the trainer(Richard).

The suit seeks to recover their costs for investigating this. What about the costs incurred by all the Landlords that they call with bogus rental requests? I’m sure I received multiple calls from testers every time I run a for rent ad. They all focus in on pets and usually don’t tell you it’s a companion pet unless you ask. I think we might have a class action suit possibility against Intermountain Fair Housing?

I think you should request a copy of the recorded calls to see what actually went on.
Bart

]]> Comment on Federally Funded Agency Brings Small Business to its Knees by Don Johnson http://jacobgrant.com/2012/03/fed-brings-small-business-to-knees/#comment-46 Don Johnson Sun, 04 Mar 2012 14:06:48 +0000 http://jacobgrant.com/?p=2210#comment-46 i see Richard Mabutt and "Service Animals" are still around. I was managing an apartment complex back in 2005. I took over in a vacuum yet eventually learned that "Apartments have NO rights over cats as service animal". I had tenants, with service animals. Some had paid a "security fee" for the cats they ( service animals) owned ( I thought a $200 security deposit was more than generous for what it eventually cost to clean up after cats ! ). I was required to not only REFUND the fees that had already been collected, I had to live with the fact that these tenants were eventually going to cost a lot of money to clean up after when they evetually vacated.! The apartents were sold, I was out of a job, and the new owner got the problem! POINT: Richard Mabutt has zero common sense when it comes to "service animals" and tenants! And cats are the worst ! The cost of the clean up AFTER the tenant ( usually short term - 1-2 years maybe?? ) is significant. Especially since many are allergic to cats so we are talking health issues in the business. And the landlords are required to foot the bill ! Just glad I dont have to deal with that stupidity... i see Richard Mabutt and “Service Animals” are still around. I was managing an apartment complex back in 2005. I took over in a vacuum yet eventually learned that “Apartments have NO rights over cats as service animal”. I had tenants, with service animals. Some had paid a “security fee” for the cats they ( service animals) owned ( I thought a $200 security deposit was more than generous for what it eventually cost to clean up after cats ! ). I was required to not only REFUND the fees that had already been collected, I had to live with the fact that these tenants were eventually going to cost a lot of money to clean up after when they evetually vacated.! The apartents were sold, I was out of a job, and the new owner got the problem! POINT: Richard Mabutt has zero common sense when it comes to “service animals” and tenants! And cats are the worst ! The cost of the clean up AFTER the tenant ( usually short term – 1-2 years maybe?? ) is significant. Especially since many are allergic to cats so we are talking health issues in the business. And the landlords are required to foot the bill ! Just glad I dont have to deal with that stupidity…

]]> Comment on Federally Funded Agency Brings Small Business to its Knees by Grant Durtschi http://jacobgrant.com/2012/03/fed-brings-small-business-to-knees/#comment-45 Grant Durtschi Sat, 03 Mar 2012 21:59:24 +0000 http://jacobgrant.com/?p=2210#comment-45 It is so interesting that you sponsored these fed jerks to come and educate people in the Idaho falls area. It seems you even introduced him at the meeting. He then sets up a sting at you'r business. I am sick and tired of our federal government running over us like we are a bunch of idiots. 99 percent of these people that are supposed to be serving the public have forgotten their place, having turned themselves into rulers, kings and dictators over us. They are quietly exerting more control over us. Sad for our country. What tops the whole thing off is how untrustworthy and deceitful our government has become. They need to wake up before all civility has evaporated. It is so interesting that you sponsored these fed jerks to come and educate people in the Idaho falls area. It seems you even introduced him at the meeting. He then sets up a sting at you’r business. I am sick and tired of our federal government running over us like we are a bunch of idiots. 99 percent of these people that are supposed to be serving the public have forgotten their place, having turned themselves into rulers, kings and dictators over us. They are quietly exerting more control over us. Sad for our country. What tops the whole thing off is how untrustworthy and deceitful our government has become. They need to wake up before all civility has evaporated.

]]> Comment on Fair Housing Suit Against Jacob Grant Property Management Part2 by jacobgrant http://jacobgrant.com/2012/03/jgpm-fair-housing-suit-p2/#comment-44 jacobgrant Fri, 02 Mar 2012 20:55:20 +0000 http://jacobgrant.com/?p=2192#comment-44 Interesting that Richard gets a bonus! He's probably gotten a lot better at collecting fines over the last 7 years. Thanks a lot for the feedback and insight. The last guy that went up against Mr. Mabbutt lost the case and paid $120,000 in attorney fees. Interesting that Richard gets a bonus! He’s probably gotten a lot better at collecting fines over the last 7 years. Thanks a lot for the feedback and insight. The last guy that went up against Mr. Mabbutt lost the case and paid $120,000 in attorney fees.

]]> Comment on Fair Housing Suit Against Jacob Grant Property Management Part1 by Clint Collins http://jacobgrant.com/2012/03/jgpm-fair-housing-suit-p1/#comment-43 Clint Collins Fri, 02 Mar 2012 20:37:08 +0000 http://jacobgrant.com/?p=2182#comment-43 This is an absolute JOKE. We should not allow this as an industry. The call was fake. The lawsuit and fees should be fake too . . . The problem I have with the way they do this is that you are guilty until you can prove otherwise. Let me know how I can help. Also, I would get this out to the local NARPM group in Boise to see how they have fought these. This is an absolute JOKE. We should not allow this as an industry. The call was fake. The lawsuit and fees should be fake too . . . The problem I have with the way they do this is that you are guilty until you can prove otherwise. Let me know how I can help. Also, I would get this out to the local NARPM group in Boise to see how they have fought these.

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