Benefits of CFMHP
Management Benefits:
• A stable, more satisfied resident base.
• Increased demand for rental units with a reputation for active management.
• Lower maintenance and repair costs.
• Increased property values.
• Improved personal safety for tenants, managers, and owners.
• More time for routine management and less time on crisis control.
• More appreciative neighbors.
• Peace of mind that comes from spending more time on routine management and less on crisis control.
Resident Benefits: (additional information)
• Safer, more secure environment.
• Improved personal safety for renters and their families.
• Confidence in knowing building meets minimum security requirement.
• Involvement in the community.
• Improved quality of life.
• Healthier family environment.
Law Enforcement Benefits: (additional information)
• Tried and True Crime Prevention Methods.
• Confirmed drop in calls for police service.
• Improved quality of life for the community at large.
• Teaches property managers and residents how to work with police and neighbors to keep drugs and other illegal activity out of rental property.
• A community oriented policing approach to Crime Prevention
Points to Consider — Costs of Drug/Criminal Activity in Rental Property:
When criminals involved in drugs and other illegal activities operate out of rental properties, communities suffer, neighborhoods suffer, and property owners/managers suffer due to:
• Decline in property values — particularly when the illegal activity begins affecting the reputation of the neighborhood.
• Property damage — arising from abuse, retaliation, or neglect.
• Fire or condemnation — resulting from illegal drug manufacturing or illegal growing operations.
• Civil penalties — including temporary closure of the property or property seizure.
• Fear and frustration — when dealing with dangerous and threatening residents or guests.
• Resentment and anger — between individuals (residents, neighbors, and managers).
• Loss of rent — during the eviction and repair periods.
• The loss of other valued residents!