Buying the house back from LCAP

GammaZeta · #1 03-25-2007, 04:40 PM

That is just the thing Tom, which I am curious as to what happens with Moose's chapter.

LCAP making the determination of if a chapter can handle the situation.

As Moose said in his original post "We are making some great steps in a positive direction and feel that LCAP is just holding us back. "

Seems kind of fishy to me. A semi-stable chapter could more than easily obtain a mortgage on the property they wish to buy and repay LCAP the money. I don't think that is the problem.

But what is "handle the situation"? That's where things get sticky.

I can understand concern from LCAP that they don't want to sell it and have to come back 5 or 10 years from now. I think that is why they will not transfer back the property.

So if a chapter has 50 guys and is doing well, why wouldn't LCAP sell back the property?

I think it is a catch 22. Sure, LCAP will sell back the property but only if the chapter can guarantee stability for the next 5, 10 or 15 years.

So what chapter can assure they will be able to handle a house in 10 years from now? Even the absolute best chapters can't do that.

That is where I believe conflicting interests occur. LCAP wants long-term viability; a chapter cannot provide assurance for long-term viability.

Has anyone ever see the movie "I, Robot"? (or book)

Humans create robots to serve and protect them. Robots evolve, and it is found out that robots want to control and enslave because they feel humans are self-destructive. So the best way to prevent humans from hurting themselves is to control them.

Just like LCAP. LCAP was created to serve the chapters. LCAP evolved. It was soon found out that no chapter could successfully be stable enough to justify LCAP selling back the property. LCAP will therefore always keep the property because a chapter will always self-destruct.

Oh and Tom, I am NOT talking about Umass. I am talking on general terms.

PiLambda1 · #2 03-25-2007, 07:31 PM

My post was a joke...

GammaZeta · #3 03-25-2007, 08:37 PM

Sarcasm is often lost in print.

PiLambda1 · #4 03-25-2007, 09:38 PM

Quote:

Originally Posted by GammaZeta

Sarcasm is often lost in print.

It was a joke - not sarcasm.

I wouldn't have posted something serious here, because no matter
what I put, you would do your best to contradict me, make me feel
stupid for posting, and repeat your initial thoughts two or three more
times.

I just cut out all that and posted something that had little to nothing
to do with the discussion at hand...and it was 2am...

GammaZeta · #5 03-25-2007, 09:48 PM

I'm sorry, next time I will simply agree with everything you say so you can feel better about yourself. Will that help raise your self-esteem?

Tom Earp · #6 03-26-2007, 03:05 PM

Quote:

Originally Posted by PiLambda1

My post was a joke...

Steady on Brother Brandon, not a problem!

Tom Earp · #7 03-26-2007, 03:21 PM

Quote:

Originally Posted by GammaZeta

That is just the thing Tom, which I am curious as to what happens with Moose's chapter.

LCAP making the determination of if a chapter can handle the situation.

As Moose said in his original post "We are making some great steps in a positive direction and feel that LCAP is just holding us back. "

Seems kind of fishy to me. A semi-stable chapter could more than easily obtain a mortgage on the property they wish to buy and repay LCAP the money. I don't think that is the problem.

But what is "handle the situation"? That's where things get sticky.

I can understand concern from LCAP that they don't want to sell it and have to come back 5 or 10 years from now. I think that is why they will not transfer back the property.

So if a chapter has 50 guys and is doing well, why wouldn't LCAP sell back the property?

I think it is a catch 22. Sure, LCAP will sell back the property but only if the chapter can guarantee stability for the next 5, 10 or 15 years.

So what chapter can assure they will be able to handle a house in 10 years from now? Even the absolute best chapters can't do that.

That is where I believe conflicting interests occur. LCAP wants long-term viability; a chapter cannot provide assurance for long-term viability.

Has anyone ever see the movie "I, Robot"? (or book)

Humans create robots to serve and protect them. Robots evolve, and it is found out that robots want to control and enslave because they feel humans are self-destructive. So the best way to prevent humans from hurting themselves is to control them.

Just like LCAP. LCAP was created to serve the chapters. LCAP evolved. It was soon found out that no chapter could successfully be stable enough to justify LCAP selling back the property. LCAP will therefore always keep the property because a chapter will always self-destruct.

Oh and Tom, I am NOT talking about Umass. I am talking on general terms.

I just threw UMass in the mix since Brother Klimek did to show what can happen and needs to be handled at a moments notice.

There is much more than each of us may have a handle on and with some one who is in the know and can get things taken care of is a positive.

As Joe said, many local realators/management have no clue when it comes to GLO houses.

If a Chapter such as Mooses can handle it with a proper H C, IHQ will return the property to them if they so desire and have the availability to run and keep it properly.

But many times the HC which are Alumni cannot and do not have the where withall to do it as I am sure you should be aware of. Could the Alumni HC of Gamma Zeta be able to handle this situation?

Remember, many of us are volunteers and only have so much time to get things done before we get tired and just say screw it and step away!

So ergo, LCAP has stepped into the breach and handle it period. Having Realistate experience is not the total issue.

It is a non profit arm of LXA and not in the business to make money, but to keep houses in place that can be used later while it is rented out if there is a chance of rechartering.

This argument is getting us no where if you will not or do not agree to the findings.

No, before you say it, I do not kiss anyones rears and do ask questions and I do get aqnswers and then try to report them as best as I can!

GammaZeta · #8 03-26-2007, 04:10 PM

Well Tom, I don't see any reason wy a property management company can't handle the basics. There is no difference between a GLO house or a house the hockey team rents out. Maintain the house, collect rents, make sure everything runs smoothly. In fact, I think taking the fraternity aspect out of the equation would help immensely.

Tom Earp · #9 03-26-2007, 04:26 PM

That is the way it is, period!

If this goes on much longer without something of importance, I will lock it!

You do not help yourself or your ex Zeta.

Give or ask positive questions either from this site or IHQ!

No matter what, you will not agree and that is your problem, not all of us on site.

Take a hint from one of the Brothers on site who know you and try to work with you!

GammaZeta · #10 03-26-2007, 04:41 PM

Tom, I'm just trying to find out what the difference is between a GLO house and any other house?

I've personally witnessed several fraternity houses that were very successfully managed by non-greek management companies.

I wasn't aware that a fraternity paying rent was so totally different than a non-greek paying rent. Or that a fraternity house required special pipes, doors, drywall and other maintenance materials than a normal house.

EDIT:

Tom, I think this is really a discussion on what LCAP's role is in REALITY. Moose had said in his original post that LCAP was making things difficult for his chapter to regain independence.

This isn't a question LCAP can answer. That is like trusting what a used car salesmen says. Of course LCAP is going to answer any question you ask them in a positive light, if you ask them to justify their existence, what would you expect them to say? Tom, you out of anyone should know better. Remember what happened a few years ago? Remember the problems HQ had? If you asked HQ a question 5 or 6 years ago, do you think they would reply "Yeah, we are in pretty deep $*&% and may lose everything. We have no plan, no goal. We are losing money." Of course not!

I can tell you what LCAP's goal is, that's a no brainer. I think this should be a discussion on the actual impact and implementation of LCAP and HQ policy and procedures.