A Cautionary Tale of Renting with MG Real Estate Management - High Rent, High Hopes, Low Delivery…read more
Marc has mastered the art of underwhelming his tenants. For nearly $4,000 monthly rent, one might expect top-notch service, but alas, expectations and reality are planets apart here. I'll spare his business partner and girlfriend, Melissa, from this critique. She's not very involved with the business, and our rare interactions with her have been relatively pleasant. I see it's been years since anyone left Marc's management company a good review, clearly they have gone downhill.
Our tenancy kicked off with a bang - a major kitchen flood just weeks into our lease. After a brief, misguided attempt to blame us, Marc admitted the flood was due to his negligence in fixing the pipe-faucet connection pre-move-in. The aftermath? Destroyed kitchen and living room floors, extending the damage to the unit below. Despite admitting fault, Marc kept pushing back against repairing the floors, saying the owner didn't want to pay for it. We ended up with about half the damaged floorboards replaced, leaving our hardwood floor looking better suited for a frat house than a high-end apartment.
Let's talk repairs, or the lack thereof. Marc's response time is impressive if you appreciate a snail's pace. Acknowledgment of a repair request takes about a week, and action? Well, add another 2-4 weeks to your waiting game. Case in point: the seal on our freezer broke and the freezer beeped incessantly for 2 months before Marc got around to scheduling a service appointment.
Then there's the rent saga. When we had toured the unit, Marc made this big show of how he doesn't raise rents during the first lease renewal and only asks for minimal increases in subsequent years. When it came time to renew the lease, there was a $100 increase. Now, granted this isn't a massive rent increase, but we did let Marc know this was not consistent with what we had discussed. Marc responded with an essay on his generosity of only raising rent by $100, claiming market rates were sky-high. Spoiler alert: upon moving out six months later, he couldn't even rent the unit at our original rate!
Advice for future tenants: document everything. Marc's fond of pinning existing damages on outgoing tenants. We faced potential charges for items and damages predating our tenancy. Marc's modus operandi seems to involve neglecting repairs, only to use them as leverage for deposit deductions. And my final piece of advice? If possible, just avoid renting with Marc. San Diego's full of great units where dealing with the property manager isn't a pain!
You might be thinking, "Sure, Marc's not tenant-friendly, but maybe he's a solid choice for landlords looking for a property manager?" Think again. There are two key reasons why Marc is a questionable choice for managing your property too. He lacks conscientiousness in managing repair costs. For example, upon move in our AC didn't work. It turned out to be a single switch that was off and the repairman charged $350 for the 2-minute visit. With Marc, you're likely to hemorrhage money on basic maintenance while he conveniently overlooks essential upkeep. Secondly, don't expect him to go the extra mile to rent out your unit. When we were moving out, he only gave a tour to one potential tenant and the photos on the Zillow listing looked like they had been taken on a flip phone. In summary, whether you're a tenant or a property owner, entrusting your living space or investment to Marc might not be the wisest decision.