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Updated 10 months ago, 02/05/2024
Need guidance: Property manager transparency & high expenses on old property (1910)
Hi Everyone,
I'm facing two issues with my rental property and would appreciate your insights:
1)Property Manager Transparency: My property manager doesn't readily share details or invoices for expenses, instead asking me to contact them directly. Is this lack of transparency normal or a red flag?
Examples:
2)High Maintenance Costs: My 1910 property's maintenance costs are about 30% of its income. Is this typical for such old properties, or excessively high?
Thanks for any advice or experiences you can share