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Updated almost 8 years ago on . Most recent reply

Harry Gamble's profile image
Harry Gamble's profile image
Harry Gamble
  • Flipper/Rehabber
  • from Birmingham, AL
  • Member since Sep 26, 2016
Connect

User Stats

68
Posts
33
Votes
Harry Gamble's profile image
Harry Gamble's profile image
Harry Gamble
  • Flipper/Rehabber
  • from Birmingham, AL
  • Member since Sep 26, 2016
Connect
Harry Gamble
  • Flipper/Rehabber
  • Birmingham, AL
33
Votes |
68
Posts
Tax, SDIRAs & Cost Segregation

PM sued for security deposit

Harry Gamble
  • Flipper/Rehabber
  • Birmingham, AL
Posted

My colleague owns a property management company, and he has been sued by a tenant who wants his security deposit returned.  The owner of the property instructed the PM to keep and send him the deposit because the tenant did not report a leak that caused $8k in damages. The tenant sued the PM only, he did not sue the out of state investor.  Has anyone experienced something similar?

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