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Not talking about a specific property Tom. And you're just trying to get my goat about the alums, nice try.
But all in all, would hiring a professional property management company make more sense than LCAP?
We have to pay staff, secretaries, directors, assistants, travel expenses, 401k (I presume), healthcare, and on and on and on.
Is there a budget that is available online that I can view?
Since LCAP is not for profit, I believe that a management company could make a lot of the properties profitable and wouldn't cost us any money.
I'm not saying disband LCAP, but shift the make-up and responsibilities. Maybe have LCAP serve as a voluntary board of directors?
It just seems to me to be a lot of overhead for full time staff, benefits, expenses and support to only manage 12 properties.
Plus, a management company usually has several nationwide offices, whereas LCAP has properties thoughout the nation but one office.
Or, we could just hire independent local management companies for each of the properties.
If we are to be a successful fraternity, we need to be an efficient fraternity.
And yes Tom, I agree about selling it. Umass has demolished (literally) all fraternal housing save for a few houses. The town has also almost revoked zoning requirements, or have denied zone changes, for other greeks to build housing, which requires the zoning to be fraternity/sorority. The future of Umass greek housing will be on campus.
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