“Mashcole Property Management was hired to oversee my asset in San Bernardino in April of 2008 with the hopes they would greatly improve declining operations in a difficult market. In March of 2008 my property had approximately 18 vacant units, which equated to 77.5% occupancy. As of today, August 13, 2008, the property has only eight available units which equates to 90% occupied, and the asset is improving every day.
“In addition, Mashcole has dramatically improved the overall collections at my asset. In April of 2008 total collections for the month were $52,289, while in July of 2008 they improved to $65,148, representing a 24.5% improvement in only four months. Given the quick improvement in operations as it relates to occupancy and collections I would strongly recommend Mashcole Property Management as your multi-family specialist.”
— Dr. Samir Batniji, D.D.S.
“I hired Mashcole Property Management, Inc. in January of 2008 to manage my multi-family portfolio. At that time my portfolio was being managed by a very large "national" property management company where both my name and assets were "lost in the shuffle.” This "national" management company had grown so large that they simply forgot how to service clients, regardless of whether they were of mom and pop or institutional status. I know this for a fact because they managed both my personal portfolio along with the portfolio of the institutional company that once employed me.
“That being said, Mashcole Property Management took on the management of my four assets totaling over five hundred units and reintroduced me to both the basic and sophisticated elements of property management services. Within 60 days they increased the average occupancy on my assets from 91% to 96% and grew revenues in the same amount of time by approximately 4%. In addition to increasing both revenue and occupancy, Mashcole reduced my overall expenses in 90 days by approximately 8% Whether you need multi-family property management on a mom and pop or institutional level, this company is the obvious choice to service your multi-family property.” management needs.
— Phil Schuster, Real Estate Entrepreneur
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