[quote=poorgradstudent]I witnessed first hand how willing our manager was to short change actually maintaining the property in a proper way in order to maximize short-term profit.[/quote]
I’d love to see an example of that
[quote=poorgradstudent]Specifically, the plumbing; it was an old property with the sort of issues you’d expect, but the property manager always chose the cheapest, quickest “fix” rather than investing any money in upgrading or improving the property.[/quote]
The “money” you are talking about belongs to the property owner, not manager. Not sure how the manager maximizes his own short-term profit by not spending the owner’s money. If anything, the manager would be better off if the proper repairs are carried out, that way the building lasts longer and he gets to keep his job longer.
Two explanations come to mind:
1. The property manager is just lazy or overextended, and what he does is not saving money, but saving his own time
2. More likely, the owner has made it clear to the manager that there’s no money for major repairs and that band aid solutions are good enough for now.
