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Updated almost 6 years ago,

User Stats

3
Posts
1
Votes
Tek Kim
  • New to Real Estate
  • Silver Spring, MD
1
Votes |
3
Posts

Dealing with Property Manager

Tek Kim
  • New to Real Estate
  • Silver Spring, MD
Posted

Hi all,

I wanted to thank you all first reading my post and would appreciate any constructive advice I can get.

Our family own a commercial property in downtown Atlanta and hired a property managing company around the time when we acquired the property.

As many of you might have experienced, their work is not just meeting our expectation and we feel like they are only doing a bare minimum while charging maximum fees. I do not want to go into too much detail and let’s say the most noticeable work they did was collecting rents. Recently, we got a $6,000 bill from them which is supposed to be a service fee writing a new lease for one of our tenants. However, I remember it was our lawyer who re-wrote the contract and this bill made me really wonder what they are charging us for. In another instance, they failed to relay a mail from ex-tenant and it costed us around 10k.

I hope this gives you guys a sense of who and what we’re dealing with. I would love to hear from you how you dealt with a difficult property manager and what the best course of action we should take.

Thanks

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