The Absentee Landlord

The Absentee Landlord

There was a person who owned some property across town. He decided to hire someone to manage his property for him. So he held some interviews and listened to the great plans that each prospect had in mind for managing his property. Many property managers competed for the job with eloquent stories of how they would do a better job at managing the owner’s property. After careful scrutiny, he hired a new manager. He gave the new manager the keys, and dutifully paid his bill to the property manager every month.

Two years went by, and the property owner decided to go across town to check up on his property. He was very upset to find that the property manager did not perform as promised, and that the property was in great disrepair with the grounds in a shambles and leaky pipes in the building. The owner fired the property manager and went through the hiring process all over again. Many property managers competed for the job with eloquent stories of how they would do a better job at managing the owner’s property. After careful scrutiny, he hired a new manager. He gave the new manager the keys, and dutifully paid his bill to the property manager every month.

Two years went by, and the property owner decided to go across town to check up on his property. He was very upset to find that the property manager did not perform as promised, and that the property was in great disrepair with the grounds in a shambles and leaky pipes in the building. The owner fired the property manager and went through the hiring process all over again. Many property managers competed for the job with eloquent stories of how they would do a better job at managing the owner’s property. After careful scrutiny, he hired a new manager. He gave the new manager the keys, and dutifully paid his bill to the property manager every month…

Who bears the greater responsibility for the decline of this property – the property managers, or the property owner?

We, as Colorado citizens, have just elected our new property managers for a two-year period. Our property, taxes, fees, licenses, every revenue item you can itemize, along with the property that the state and federal governments manage, are now in the hands of our new property managers. Does it make sense for us to once again walk away for two years and blindly trust that the job will be done as promised? Or should we “Trust, but verify.”?

Principles of Liberty will hold critical training classes before the legislative session begins on January 7, 2015. This training will be taught on several different dates so that you will have several opportunities to attend. Training is open to anyone and everyone who wants to know how things work in the Colorado Sate Capitol and what’s actually going on there. We usually have several legislators, both new and incumbent, attend the training. This is non-partisan, so it doesn’t matter what you’re affiliation is.

What will you learn? How to be a better “property owner” (engaged citizen) and provide effective and necessary oversight to the “property managers” (elected officials) that we’ve all just hired. Nothing less than the future of your property hangs in the balance. Don’t think you have the time? Neither did the property owner in our opening story, whose property was eventually condemned and expropriated by the government! Really.

Photo used under creative commons license. Photographer: Vieira_da_Silva. No modifications were made.