MG Properties Reviews

This company used to be OK to work for. They are known as the cheapest property management company around. They don't pay well. They give $50 bonuses at the end of the year, and then they tax on it. There's is very little room for growth. They don't reward good employees. They set up their review system and then always find a way to ding people even if they're doing a perfect job so they won't have to give them much of a pay raise. Their pay raises are all done in cents not dollars. The company makes a lot of money. So if your investor it's a great group to invest with, they have ow overhead and they're constantly buying and selling properties. They have low staff ratio and so everyone has to work really hard. They don't fix things or make their apartments nice. So they always run very on a tight budget. The upper management in the corporate office is very disconnected from on what goes on in the day-to-day apartment managing business. A few years ago they always talked about keeping the residents happy. Now all they talk about is keeping the investors happy. They raise the rent in huge amounts. It is very hard on the people that live there and for the managers that have to let them know of the rent increases. Everyone's unhappy. They run on the Yardi system - the amount of rent they charge can change day to day according to supply and demand and what the other apartments are getting for rent, kind of like the airline system. It's not unusual for tenants to get $150-$200 rent increases per year. Unfortunately not to complain. They do very little to motivate their employees. Employees work really hard. They don't reward them or work together very well. It's a system that is definitely run like the Haves -corporate office, and the have-nots, the managers and staff that run the apartments. They also make it difficult to get vendors on the property. Because they require so much liability insurance etc. so they don't have to take any responsibility for anything. They also make you watch hours of training videos. Some of them have nothing to do with your actual job, so that they can keep their insurance rates down. Horrible company to work for. They have a very high turnover rate for employees. Nobody that I've ever worked with at this company and I've worked there for quite a long time, likes the corporate office. The corporate office sends out emails to have the employees vote for the best corporate employees, but they never do that for that other staff. Nobody wants to do it. It's a joke. I would say if you're looking for a job in property management, look somewhere else. They also have limited holidays, (they're not big on holidays or celebrations) on top of that, someone decided this last year at the corporate office, that they need to keep keep the apartment managers office open on just about every holiday . They want to make sure they can get as many people to rent as possible on Thanksgiving, ha ha . Typical MG. but of course the corporate office will be closed.

Long hours Toxic work environment Quid-Pro-Quos all day every day The corporate office is so out of touch with day to day on-site operations. Staffing shortages are a constant and you get stuck doing the work of 2 or more for no additional pay. Constant Teams calls that waste time and take managers away from their communities that need them. Managers rarely show up to work they are always off getting massages or lunches together calling it a meeting of some sort. Leasing and maintenance teams run the communities and Instead of recognition and proper pay they are taken advantage of and are overworked to overwhelming measures.