A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

A.D. Cantelmo Property Management
Our Business is Property Management in Orange County California


Stick to what you do best

This time of year, Property Management Companies like mine, are getting all our end of 2015 reports out to our clients. What comes with these reports are the accounting questions from clients. I am always trying to help my clients, but when I get those accounting questions I have to decline to give advice.

It is so hard to turn client questions away and tell them to seek other advice since I want to be the go to guy, but accounting advice would be a huge mistake for me to give since I have no expertise at it.

When I was selling properties on a daily basis, I would advise clients of the potential tax write offs they could get buying a home, and I also would give people information about 1031 exchanges, but I would also make it clear that they need to seek more professional advice before moving forward. But as a Property Manager, I give no accounting advice, I just go over the reports and answer any questions they have about those reports and the conversation ends there.

Branching out of the range of your expertise can be a very dangerous thing, I remember a few years ago, I was in Escrow and the buyer had a home inspector come and give that buyer very bad information. I confronted the inspector and since I am also a General Contractor, I am qualified in this area. When I asked the inspector what his qualifications were to give the advice he gave, his response was that he had no qualifications. I ripped into him and was able to save the sale once I had a chance to talk to the buyer and explain the mistakes the inspector was making.

Bad advice is common place in business and unfortunately people are much too easy to believe someone who they may trust in one area of their life, but they are not qualified in other area’s that they are advising on. I say, stick to what you do best and don’t take the chance of leading people in the wrong direction, because you want to be the all knowing business person to your client.

The bad advice you give them will end up destroying your relationship with that client, so your effort to help will only hurt all involved.
It may not be easy to say “I am not qualified to answer that question”, but in the end, both parties will benefit from the honesty
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A.D. Cantelmo Property

Management Specializes in Property Management in Orange County Ca

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What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

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