Quote:
Originally Posted by GammaZeta
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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Not trying to get your goat gammazeta!
You are actually making some valid questions on these points and as Ottor says, we can hope it has been investigated to its fullest to find the least expensive and best way of handling our propertys.
It looks good on site with the amount of people pictured, but, I am sure that those pictured also do many other functions for IHQ if even all of them are still there.
We as members should be able to get an idea of where we stand, cost etc.
I would be in hopes that there would be an audit some where to be checked out, but one ahs to have faith in the people who work for us to do the best job possible for each of us, and the Fraternity as a whole.
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