Located in Albuquerque, New Mexico, we offer a wide range of FUll service, as well as"a la carte" services from finding, screening, and signing a lease with great tenants to photographing your home, writing ad copy, and inspecting your investment to ensure it is being properly maintained. We can help, just let us know what you need.
After almost fifteen years of providing full-service property management to thousands of clients, GDR Property Solutions, LLC is now also offering limited service options. We are well-versed in every aspect of residential management and are confident that our philosophies and solutions will work for you.
We started in 2001 when George Rich, the founder of GDR Property Management, LLC and Rich Construction, purchased a floundering management company. He brought in his daughter, Sarah Rich, to learn the business. Within months they had more than doubled the GDR portfolio and secured the company's solvency. George was committed to long term business relationships and cultivated a philosophy in which the goals of his companies aligned consistently with those of our clients. George passed away December 6th, 2013 and passed on his companies to his daughter, Sarah Rich.
Sarah grew up in a real estate family, has been actively involved in real estate since high school, and has been a licensed real estate broker since the fall of 1999. She assisted some of the top residential sales producers in the state of New Mexico for several years. After working with them, she worked as an assistant to a high volume Bank of America mortgage broker. She obtained her real estate license at age 20 and purchased her first home the same year. She still owns that home and it is one of the houses we currently manage. She also holds a NM contractor's license, as well as a BA in political science from the University of New Mexico. She has worked in every aspect of what we do and knows how to do it all.
Michelle Mendoza is an Associate Broker and has been with GDR for several years and is well versed in our administrative functions, as well as our inspection, leasing, and maintenance processes. She has worked in almost every position we offer and can help both owners and tenants with their needs. She has also worked extensively with real estate agents to help get clients' homes ready to go, whether it be for lease or for sale.
Paige Wall is a valued staff member who has been with us almost two years. She has moved from the front reception desk to coordinating our maintenance and make ready services. She also provides inspections and estimates as needed.
Melissa Gonzales is our newest addition at the front desk and has so far proven herself to be very resourceful and intuitive about our processes and policies.
We rely on partners at Rich Construction to smoothly operate and ensure our owners and clients receive the best services possible. Angela Griego, Isaiah Parra, and our service technicians have an amazing array of knowledge and are happy to go through any information and creative problem solving we may need. Angela Griego is also an Associate Broker with her license hanging at GDR. She has provided years of service to both GDR and Rich Construction, in all aspects of what we do in both companies.
Though George is gone, we carry on his legacy. Here at GDR, we understand that that your rental home is much more than an investment. For some it is a long term plan to ensure future security, for others renting out a property is simply a temporary measure to avoid financial problems until a home can be sold. We get it, and we strive to provide individualized services and guidance that fits your individual needs.
We want to be a great company that has happy homeowners and happy residents. We don't want to be the biggest, we want to be the best. We help our owners maintain their homes to a higher standard than the norm. We have found some homeowners to be resistant to repairs and upgrades, but over the years we have realized there is a much higher payout to the property owners who maintain their houses well. The highest costs to an owner, bar none, are vacancy costs. There is a tremendous loss to a homeowner each month the house is vacant. Those expenses include loan payments, utilities, yard upkeep, general repairs, paint, and flooring. The longer a tenant stays, the less frequently an owner will incur vacancy costs. We try to increase the average length of tenancies, helping owners keep their costs lower. Another benefit of performing repairs to keep the home nice, rather than simply livable, is that tenants tend keep nice houses nicer. We like to say that a tenant will take care of the house the same way you do. This means that if they move in and you refuse to replace a washing machine that breaks, they are less likely to stay in the house past their initial lease term, but they are also less likely to keep the house as nicely as they would otherwise. Further, once a house is ready to move into, houses that have been upgraded attract better tenants and rent more quickly. While it can be difficult in the moment to approve repairs that are not necessarily required, it is ill-advised to consider only the short term time frame. We are always trying to work in the best interest of the homeowners we work with, but we also want to do the best we can for the tenants who are renting our clients' homes. It is important to us that tenants be satisfied and tell their friends about our company. Word of mouth is the best form of advertising!