Property manager question

[Susan M.]

Hello,

My partners and I own 8 condo units in Stuart FL and we pay our property manager (a friend)  10% of the rents each month plus he gets the first month's rent when he gets a tenant in the unit.  All 8 units are currently rented.  I live 1200 miles a way so I am unable to do the jobs so I have to have a local guy.  I deal with banks, the tenants mail the check to my office, I call the utility companies to turn on and off the power and I list the property on Craigslist and put in his name and number on the add.  When there is a problem, he just calls the handy man to come over to do the work and my company pays the bill.  We recently had a leak in one of our units and he subcontracted the work to a company who works with the insurance company, they get the check and this company does the work.  Does this all sound ok to you all?  Up until now, I haven't questioned this all, by I feel like he is doing less of the work and making more money than the partners.  He works a full time job as a kitchen installer and he is getting pretty busy at his full time job and has less and less time for my company  

Any suggestions??

Thanks

[Andrew S.]

@Susan M. 

 is saying!