John Fumai Email & Phone Number

Richmond, Virginia, United States

Maryland And Virginia

Manage all facets of real estate acquisitions and dispositions including marketing, contract preparation, and negotiations. Comprehensive knowledge of 1031 tax deferred exchanges including entering into assignable contracts for relinquished and replacement properties, identifying and closing on replacement properties and keeping within the mandated timelines of the exchange period. Oversee all marketing, lease preparation, rent collection and bookkeeping of owned properties. Responsible for coordinating all purchasing, repairs, and renovations for the entire portfolio. Consultant and mentor to other investors.

Richmond, Virginia Area

Licensed in Virginia. Was also licensed in Maryland for 12 years and Washington, DC for 4 years.Completed the Educational requirements for a VA, MD and DC Broker’s Licenses.Graduate, Realtor Institute® Listed as a Five Star Agent - Best In Client Satisfaction in the 2004 July-August issue of "What's Up Annapolis Magazine".He lives up to his slogan "Trusted for Service, Respected for Results," having earned over a dozen L&F client satisfaction awards.Was the initial Chapter Director of DC, Montgomery Co., Western MD Region for the over 2000 members L&F S.T.A.R.S. Program (rookie society for real estate agents focused on training and networking).Has not been active "full time" since 2007. His only current client is himself, negotiating as buyer's agent for prospective properties and seller's agent for properties that he has financial interest in.

Richmond, Virginia Area

Oversaw the maintenance operations in Central/Western/Northern Virginia, Maryland, Missouri, and Georgia. Played a key management role in construction services as it related to full-scale renovations, rehab, and overall capital project management across multiple assets for both new acquisitions and existing assets. Responsibilities included multifamily capital projects management from due diligence, conceptual planning, estimating, negotiating and executing contracts, inspections, budgeting, insurance claims, construction, and project management. Managed multiple projects at any given time and was instrumental in “bridging the gap” between properties, capital project plans, project management, and ownership to ensure successful planning and execution of capital project initiatives across multiple assets. Was a member of Drucker & Falk's Safety Committee, Apartment Technology Committee, and Operations Think Tank.

Richmond, Virginia

Managed a diverse portfolio of communities. Assisted in the development and monitoring of company policies and procedures related to property management; responsible for recruitment, training, development, and supervision of property level staff, as well as responsible for maintaining the physical and financial performance of assigned properties. Also assisted the Director and other supervisors with special projects.

Richmond, Virginia Area

Managed the day to day operations of 12 conventional and tax credit communities (totaling ±1800 units) located throughout Virginia.

Baltimore, Maryland Area

Was responsible for management and supervision of a varied portfolio of ± 3,700 units of garden, high-rise, mid-rise multi-family properties in 5 states and the District of Columbia and ±25,000 square feet of commercial and retail space. Worked closely with and made recommendations to 3rd party developers and architects on a $10 million property renovation project.Worked closely with developer as well as state and federal agencies on the build out of 20,000 square feet of commercial space in a historic building.Assisted Shelter’s development company with feasibility studies for new development, acquisition and rehab projects, including market analysis, budgeting and advising on the selection of project finishes and amenities to enhance competitiveness.Prepared draw requests for the construction of a $1.1 million on site facility for the Richmond Boys and Girls Club.

St. Charles, Maryland

Responsible for management and oversight of a varied portfolio of ±4,100 units in St. Charles, MD; Washington, DC; Germantown, MD and Richmond, VA. Primary responsibilities included: Overseeing site managers on senior and multifamily properties, creating operating and capital budgets, reporting on the financial performance of the properties, performing inspections of grounds, common areas and apartments, reviewing service agreements and contracts, ensuring compliance with corporate policy and procedures, staff management and recruiting, and analyzing day-to-day operations, budgeting, expense control and compliance.

Washington D.C. Metro Area

• Regional Property Manager -1996- 1997- Responsible for a varied portfolio ±1800 units. Completed Property Management Association's Advanced Management Leadership Program (University of MD Executive Programs). Helped design the company's budget program.• Resident Manager-1994 -1996- Responsible for day to day management of 564 units in Randallstown, MD. Contributed to a huge jump in NOI by reducing vacancy days and cutting costs across the board "Resident Manager of the Year 1995"• Assistant Resident Manager 1993 -1994 - Responsible for day to day management of 886 units in Silver Spring, MD. Certified Assisted Housing Manager through Quadel Corporation- "Assistant Resident Manager of the Year 1994"• Leasing Consultant 1992-1993 - Top Leasing Agent for a 564 unit garden community in Rockville, MD Promoted in less than 1 year to Assistant Manager of the company’s largest property.

Economics

Activities and Societies: Head Student Manager, UMD Football - Member of the "M" club - 4 year Letter Winner

Brooklyn, New York

Activities and Societies: Lettered in Baseball, Soccer and Swimming. Also managed the football team.